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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Commercial real estate
3501 Mt Vernon Ave Alexandria, VA 22305-2429
Entity Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1345457
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
5,844 SF
Lot
0.54 ac (23,522 SF)
Zoning code
NR
APN
15549500
UPID
US87-1345457
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
-
Mega laundromat (Bike/Boat/Book/etc) Store
-
Loanmax Title Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
$991k
Blend (final)
Blend
$1.57M
Owner & transaction history
ZLOTNICK KRAFT & MYERS LLC
ZLOTNICK KRAFT & MYERS LLC
Zoning & alternative use
NR · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1300_RT ZONE 3-1400_RMF ZONE 4-100_CL ZONE 4-200_CC ZONE 4-300_CSL ZONE 4-400_CG ZONE 4-500_CD ZONE 4-600_CD-X ZONE 4-800_OC ZONE 4-900_OCM-50 ZONE 4-1000_OCM-100 ZONE 4-1100_OCH ZONE 4-1200_I ZONE 4-1300_UT ZONE 4-1400_NR ZONE 5-100_CRMU_L ZONE 5-200_CRMU-M ZONE 5-300_CRMU-H ZONE 5-400_CRMU-X ZONE 5-500_W-1 ZONE 5-600_CDD ZONES 6-300_FLOODPLAIN DISTRICT 6-5…
Zone name
Neighborhood Retail
General category
COMMERCIAL
Zone area
13.42 ac
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 Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,700,000
6.5%
$1,570,000
7%
$1,455,000
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10%
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
$269 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,605
Tax year 2023
Assessed value
$2,667,157
Assessed 2023
Previous assessed
$2,600,383
+2.6% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,449,994
Assessed improvement
$1,217,163
Land market value
$1,449,994
Improvement market value
$1,217,163
Total market value
$2,667,157
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Heating
OTHER
Cooling
OTHER
Stories
1
Bathrooms
2
Total area
5,844 SF
Lot
0.54 ac (23,522 SF)
Zoning code
NR
APN
15549500
UPID
US87-1345457
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
NR · Alexandria, VAZoning NR · permitted uses
NR · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1300_RT ZONE 3-1400_RMF ZONE 4-100_CL ZONE 4-200_CC ZONE 4-300_CSL ZONE 4-400_CG ZONE 4-500_CD ZONE 4-600_CD-X ZONE 4-800_OC ZONE 4-900_OCM-50 ZONE 4-1000_OCM-100 ZONE 4-1100_OCH ZONE 4-1200_I ZONE 4-1300_UT ZONE 4-1400_NR ZONE 5-100_CRMU_L ZONE 5-200_CRMU-M ZONE 5-300_CRMU-H ZONE 5-400_CRMU-X ZONE 5-500_W-1 ZONE 5-600_CDD ZONES 6-300_FLOODPLAIN DISTRICT 6-500_OLD TOWN NORTH URBAN OVERLAY DISTRICT 6-600_MOUNT VERNON AVENUE URBAN OVERLAY Z
Zone name
Neighborhood Retail
General category
COMMERCIAL
Zone area
13.42 ac
Building & site characteristics
From public records
Year built
1950
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
ZLOTNICK KRAFT & MYERS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1200 NEW HAMPSHIRE AVE NW STE #555, WASHINGTON, DC 20036-6833
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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