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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Office buildings
4216 King St Alexandria, VA 22302-1507
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-3944642
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
5,712 SF
Lot
0.07 ac (3,049 SF)
Zoning code
OCM(100) - OFFICE COMMERC
APN
50364250
UPID
US87-3944642
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
-
Beauregard Medical Center Medical Clinic
-
Aesthetic Plastic Surgery International Medical Clinic
-
Dr. Stephen X. Giunta, MD Physician Medical Clinic
-
Beauregard Medical Center: Youssef Leila MD Pediatrician Physician
-
Bushido Bariatric Center Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.69M
Owner & transaction history
Nkasr LLC · 3 yrs held
Nkasr LLC
since 2022
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
OCM(100) - OFFICE COMMERC · 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
$1,595,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,980,000
Current use
WAREHOUSE, STORAGE
$1,940,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10% · vs last sale $1.74M (Dec 19 2022)
Last sale anchor
$1.74M
Dec 19 2022
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
$296 / 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
$15,744
Tax year 2023
Assessed value
$1,418,404
Assessed 2023
Previous assessed
$1,418,404
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$555,000
Assessed improvement
$863,404
Land market value
$555,000
Improvement market value
$863,404
Total market value
$1,418,404
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
1983
Heating
OTHER
Cooling
OTHER
Stories
2
Total area
5,712 SF
Lot
0.07 ac (3,049 SF)
Zoning code
OCM(100) - OFFICE COMMERC
APN
50364250
UPID
US87-3944642
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
OCM(100) - OFFICE COMMERC · Alexandria, VA
Zoning OCM(100) - OFFICE COMMERC · permitted uses
OCM(100) - OFFICE COMMERC · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Nkasr LLC
Entity
Mailing address
1420 MAYHURST BLVD, MCLEAN, VA 22102-2235
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
$1,742,160
Nkasr LLC
4216 King Street LLC
Warranty Deed
$1,480,836 · Truist Bank
Jun 21, 2022
—
4216 King Street LLC
Stephen X Giunta
Quit Claim Deed
related
$1,365,000 · Gof Finance-c LLC
Jan 2, 2013
—
Roberta M Giunta
—
Deed Of Trust
related
$1,770,500 · Branch Banking & Trust Co
Dec 26, 2007
—
Stephen X Giunta
—
Deed Of Trust
related
$1,825,000 · Suntrust Bank NA
Sep 28, 2006
$1,600,000
Stephen X Giunta
Natl Alcoholic Beverage Control
Grant Deed
related
$900,000 · Greenpoint Mortgage Funding
—
—
Stephen X Giunta
—
Deed Of Trust
related
$71,514 · Suntrust Bank NA
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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