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Property profile & analytics
OFF-MARKET
Estimated value
$43,110,000
Office buildings
411 King St Alexandria, VA 22314-3101
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-0860554
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Total area
181,932 SF
Lot
1.83 ac (79,715 SF)
Zoning code
KR
APN
12062000
UPID
US87-0860554
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
-
PNC Bank Bank Loan Service
-
PNC Mortgage Loan Service Bank
-
PNC Bank ATM Atm
-
PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$39.98M
Comparable Approach
Comparable
$51.63M
Blend (final)
Blend
$43.11M
Owner & transaction history
Atlantic Multi Family 6 Colony LLC · 1 yrs held
Atlantic Multi Family 6 Colony LLC
since 2025
Last sale
$38.9M
4 recorded transactions
Zoning & alternative use
KR · 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
$46,255,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$43,305,000
6.5%
$39,975,000
7%
$37,120,000
Blend value · Realmo final
$43.11M
Range $38.80M – $47.42M · ±10% · vs last sale $38.85M (Jan 29 2025)
Last sale anchor
$38.85M
Jan 29 2025
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
$237 / 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
$379,953
Tax year 2023
Assessed value
$34,230,000
Assessed 2023
Previous assessed
$35,058,000
-2.4% YoY
Effective rate
1.11%
On assessed value
Assessed land
$10,358,169
Assessed improvement
$23,871,831
Land market value
$10,358,169
Improvement market value
$23,871,831
Total market value
$34,230,000
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
Status
Off-Market
Year built
1968
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
5
Total area
181,932 SF
Lot
1.83 ac (79,715 SF)
Zoning code
KR
APN
12062000
UPID
US87-0860554
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
KR · Alexandria, VA
Zoning KR · permitted uses
KR · 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
1968
Heating
HOT WATER
Cooling
Yes
Stories
5
Lot
1.83 ac
Current owner
From public records · entity-resolved
Atlantic Multi Family 6 Colony LLC
Entity
Mailing address
1101 KING ST STE #500, ALEXANDRIA, VA 22314-2957
Ownership since
2025
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
Jun 20, 2025
—
Atlantic Multi Family 6 Colony LLC
—
Deed
related
$21,370,000 · Hingham Institution For Savings
Jan 29, 2025
$38,850,000
Atlantic Multi Family 6 Colony LLC
Wg Tavern Square Venture LLC
Special Warranty Deed
$21,370,000 · Hingham Institution For Savings
Jun 15, 2018
$50,350,000
Wg Tavern Square Venture LLC A Dela
Tavern Square LLC A Delaware Limite
Special Warranty Deed
$39,000,000 · Webster Bank National Association
—
—
Tavern Square LLC
—
Loan Modification
related
$25,250,000 · Employers Reassurance Corp
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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