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Property profile & analytics
OFF-MARKET
Estimated value
$3,900,000
Community centers
4230 Annandale Rd Annandale, VA 22003-3172
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3905926
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1992
Construction
CONCRETE BLOCKS
Total area
14,170 SF
Lot
0.86 ac (37,577 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
071-1-04-0013
UPID
US87-3905926
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
-
Pho 24 Restaurant
-
O My Hot Pot & Bar Restaurant
-
Zeepk Beauty & Barber Supply (Bike/Boat/Book/etc) Store Cosmetic Store
-
Tikal Bakery Inc Restaurant
-
zeepk (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.90M
Owner & transaction history
Olympia Centre LLC · 19 yrs held
Olympia Centre LLC
since 2007
7 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Annandale, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.4M
+23.2%
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 Annandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annandale 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,225,000
Current use
COMMERCIAL (GENERAL)
$6,435,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,820,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,730,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.90M
Range $3.51M – $4.29M · ±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
$275 / 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
$62,162
Tax year 2024
Assessed value
$4,843,160
Assessed 2024
Previous assessed
$4,616,770
+4.9% YoY
Effective rate
1.28%
On assessed value
Assessed land
$939,430
Assessed improvement
$3,903,730
Land market value
$939,430
Improvement market value
$3,903,730
Total market value
$4,843,160
Applied tax rate
5.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1992
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
2
Bathrooms
1
Total area
14,170 SF
Lot
0.86 ac (37,577 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
071-1-04-0013
UPID
US87-3905926
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Annandale, VA
Zoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · Annandale, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annandale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$6.4M
INDUSTRIAL (GENERAL)
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1992
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Olympia Centre LLC
Entity
Mailing address
44826 OLD OX RD, STERLING, VA 20166-2328
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2020
—
Olympia Centre LLC
—
Deed
related
$300,000 · Fvcbank
Jun 14, 2019
—
Olympia Centre LLC
—
Grant Deed
related
$3,000,000 · Fvcbank
Dec 28, 2011
—
Olympia Centre LLC
—
Deed Of Trust
related
$3,300,000 · Branch Banking & Trust Co
Feb 5, 2009
—
Olympia Centre LLC
—
Deed Of Trust
related
$3,250,000 · Branch Banking & Trust Co
May 2, 2007
—
Olympia Centre LLC
Owner Name Unavailable
Deed Of Trust
related
$2,513,500 · Branch Banking & Trust Co
Dec 1, 2006
$10
Olympia Centre LLC
Padiotis,george & Angela
Grant Deed
related
—
Mar 22, 2005
$1,000,000
George Padiotis
Samaha,sabah & Margaret
Grant Deed
$500,000 · Sabah & Margaret Samaha
—
—
Olympia Centre LLC
—
Deed Of Trust
related
$3,678,400 · United Bk
—
—
Olympia Centre LLC
—
Deed Of Trust
related
$300,000 · Branch Banking & Trust Co
—
—
Olympia Centre LLC
—
Deed Of Trust
related
$486,500 · Branch Banking & Trust Co
—
—
Olympia Centre LLC
—
Deed Of Trust
related
$300,000 · Fvcbank
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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