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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Turn key restaurants
3646 King St Alexandria, VA 22302-1908
Entity Owned
6-yr Hold
Free & Clear
Property ID
US87-0887771
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1967
Total area
3,848 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CG - COMMERCIAL GENERAL Z
APN
50476100
UPID
US87-0887771
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
-
McDonald's Restaurant Take-out & Catering
-
Kathay Sr22 Insurance Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$955k
Blend (final)
Blend
$775k
Owner & transaction history
Gri Bradlee LLC · 6 yrs held
Gri Bradlee LLC
since 2019
4 recorded transactions
Zoning & alternative use
CG - COMMERCIAL GENERAL Z · Alexandria, 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 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
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$201 / 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
$44,372
Tax year 2023
Assessed value
$3,997,500
Assessed 2023
Previous assessed
$3,900,000
+2.5% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,565,000
Assessed improvement
$1,432,500
Land market value
$2,565,000
Improvement market value
$1,432,500
Total market value
$3,997,500
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
1967
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,848 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CG - COMMERCIAL GENERAL Z
APN
50476100
UPID
US87-0887771
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CG - COMMERCIAL GENERAL Z · Alexandria, VA
Zoning CG - COMMERCIAL GENERAL Z · permitted uses
CG - COMMERCIAL GENERAL Z · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Gri Bradlee LLC
Entity
Free & Clear · 6 yrs held
Mailing address
4350 EW HWY STE #400, BETHESDA, MD 20814-4426
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2019
—
Gri Bradlee LLC
—
Deed
related
$73,750,000 · Miscellaneous Ins Co
Jul 25, 2019
$147,500,000
Gri Bradlee LLC
Washreit Bradlee Shopping Ctr
Grant Deed
—
Aug 24, 2015
—
Washreit Bradlee Shopping Cent
Washington R/e Inv Trust
Quit Claim Deed
related
—
—
—
Gri Bradlee LLC
—
Deed Of Trust
related
$73,750,000 · Miscellaneous Ins 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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