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Property profile & analytics
OFF-MARKET
Estimated value
$109,690,000
Office buildings
3434 Washington Blvd Arlington, VA 22201-4540
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-0068973
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2006
Total area
104,386 SF
Lot
1.77 ac (77,183 SF)
Zoning code
C-O-2.5
APN
15-087-032
UPID
US87-0068973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mala Tang Restaurant
-
Institute For Humane Studies Charitable Organization Social Service Agency
-
Mercatus Center Research Institute Research Foundation
-
Interdisciplinary Center for Economic Science (ICES) University
-
John Burton Library University Department
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$114.72M
Blend (final)
Blend
$109.69M
Owner & transaction history
Rector & Visitors Of George Mason U · 2 yrs held
Rector & Visitors Of George Mason U
since 2023
Last sale
$107.0M
5 recorded transactions
Zoning & alternative use
C-O-2.5 · Arlington, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$110,040,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$109.69M
Range $98.72M – $120.66M · ±10% · vs last sale $107.00M (Nov 15 2023)
Last sale anchor
$107.00M
Nov 15 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,051 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$71,179
Tax year 2024
Assessed value
$56,943,000
Assessed 2024
Previous assessed
$64,090,000
-11.2% YoY
Effective rate
0.13%
On assessed value
Assessed land
$8,141,900
Assessed improvement
$48,801,100
Land market value
$8,141,900
Improvement market value
$48,801,100
Total market value
$56,943,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2006
Heating
NONE
Total area
104,386 SF
Lot
1.77 ac (77,183 SF)
Zoning code
C-O-2.5
APN
15-087-032
UPID
US87-0068973
Jurisdiction
ARLINGTON
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-O-2.5 · Arlington, VAZoning C-O-2.5 · permitted uses
C-O-2.5 · Arlington, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Lot
1.77 ac
Current owner
From public records · entity-resolved
Rector & Visitors Of George Mason U
Individual
Mailing address
4400 UNIVERSITY DRMSN2A3, FAIRFAX, VA 22030-4422
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
$107,000,000
Rector & Visitors Of George Mason U
Gmuf Arlington Campus LLC
Warranty Deed
—
Jun 1, 2016
—
Gmuf Arlington Campus LLC
—
Deed
related
$60,000,000 · United Bk
Aug 18, 2006
—
Gmuf Arlington Campus LLC
—
Deed Of Trust
related
$68,500,000 · Lasalle National Bank
—
—
Gmuf Arlington Campus LLC
—
Deed Of Trust
related
$60,000,000 · United Bk
—
—
Gmuf Arlington Campus LLC
—
Deed Of Trust
related
$61,000,000 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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