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Property profile & analytics
OFF-MARKET
Estimated value
$5,410,000
Turn key restaurants
3471 Washington Blvd Arlington, VA 22201-4507
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-0328912
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Total area
3,480 SF
Lot
0.17 ac (7,542 SF)
Zoning code
C-2
APN
15-086-015
UPID
US87-0328912
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
-
West Potomac Rugby Sports School Gym & Fitness Center
-
Rocklands Barbeque & Grilling Company Take-out & Catering Catering Service
-
West Potomac Rugby - Home of the Griffins Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.41M
Owner & transaction history
Original Boogers Co LLC · 5 yrs held
Original Boogers Co LLC
since 2020
Last sale
$5.5M
1 recorded transaction
Zoning & alternative use
C-2 · 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
$4,505,000
ML approach
$5,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.41M
Range $4.87M – $5.95M · ±10% · vs last sale $5.50M (Nov 23 2020)
Last sale anchor
$5.50M
Nov 23 2020
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
$1,555 / 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
$16,791
Tax year 2024
Assessed value
$1,450,000
Assessed 2024
Previous assessed
$1,326,300
+9.3% YoY
Effective rate
1.16%
On assessed value
Assessed land
$629,200
Assessed improvement
$820,800
Land market value
$629,200
Improvement market value
$820,800
Total market value
$1,450,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1954
Heating
NONE
Stories
2
Total area
3,480 SF
Lot
0.17 ac (7,542 SF)
Zoning code
C-2
APN
15-086-015
UPID
US87-0328912
Jurisdiction
ARLINGTON
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Arlington, VAZoning C-2 · permitted uses
C-2 · 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
1954
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Original Boogers Co LLC
Entity
Mailing address
3471 WASHINGTON BLVD, ARLINGTON, VA 22201-4507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2020
$5,500,000
Original Boogers Co LLC
Statzer Louis A Trust
Grant Deed
$4,400,000 · Statzer Louis E Trust (pt)
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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