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Property profile & analytics
OFF-MARKET
Estimated value
$10,565,000
Warehouses
4515 Whiting Rd Marshall, VA 20115-3365
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-2452217
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
129,600 SF
Lot
12.01 ac (523,373 SF)
Zoning code
C2 I1
APN
6969-97-7180
UPID
US87-2452217
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
-
Marshall Business Center Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.69M
Blend (final)
Blend
$10.57M
Owner & transaction history
Marshall Business Center 2 LLC · 4 yrs held
Marshall Business Center 2 LLC
since 2022
1 recorded transaction
Zoning & alternative use
C2 I1 · Marshall, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$16.6M
+30.5%
Commercial (general)
$16.6M
+30.4%
Neighborhood: shopping center
$14.9M
+17.4%
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 Marshall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshall 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
WAREHOUSE, STORAGE
$12,710,000
Current use
OFFICE BUILDING
$16,590,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$16,575,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$14,920,000
Change: +17% · Conversion: Moderate
RESTAURANT
$12,485,000
Change: -2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,595,000
Change: -9% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,000,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$10.57M
Range $9.51M – $11.62M · ±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
$82 / 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
$82,839
Tax year 2024
Assessed value
$8,556,300
Assessed 2024
Previous assessed
$2,270,700
+276.8% YoY
Effective rate
0.97%
On assessed value
Assessed land
$1,622,700
Assessed improvement
$6,933,600
Land market value
$1,622,700
Improvement market value
$6,933,600
Total market value
$8,556,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Heating
NONE
Stories
1
Total area
129,600 SF
Lot
12.01 ac (523,373 SF)
Zoning code
C2 I1
APN
6969-97-7180
UPID
US87-2452217
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C2 I1 · Marshall, VA
Zoning C2 I1 · permitted uses
C2 I1 · Marshall, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshall. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$12.7M
OFFICE BUILDING
Est. value
$16.6M
COMMERCIAL (GENERAL)
Est. value
$16.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.9M
RESTAURANT
Est. value
$12.5M
INDUSTRIAL (GENERAL)
Est. value
$11.6M
AUTO REPAIR, GARAGE
Est. value
$11.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
2022
Heating
NONE
Stories
1
Lot
12.01 ac
Current owner
From public records · entity-resolved
Marshall Business Center 2 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
14900 BOGLE DR STE #204, CHANTILLY, VA 20151-1757
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2022
—
Marshall Business Center 2 LLC
Parkway Crossing LLC
Deed
—
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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