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Property profile & analytics
OFF-MARKET
Estimated value
$24,840,185,000
Garden apartment buildings
4949 Manitoba Dr Alexandria, VA 22312-4973
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0529755
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1968
Construction
TYPE NOT SPECIFIED
Total area
853,724 SF
Lot
32.32 ac (1,407,885 SF)
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
072-4-01-0011
UPID
US87-0529755
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
-
DMV Appliance Repair Home Appliance Store
-
H&H TOWING Auto Repair Shop
-
Lerner Morningside Apartment Rental Agency Apartment Building
-
American Top Limo Courier Service
-
Rekha's Nanny & Babysitting Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$27.50B
Blend (final)
Blend
$24.84B
Owner & transaction history
Gregory W Lewis · 16 yrs held
Gregory W Lewis
since 2010
3 recorded transactions
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$24.84B
Range $22.36B – $27.32B · ±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
$29,096 / 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
$1,466,299
Tax year 2024
Assessed value
$126,568,770
Assessed 2024
Previous assessed
$124,706,240
+1.5% YoY
Effective rate
1.16%
On assessed value
Assessed land
$24,591,000
Assessed improvement
$101,977,770
Land market value
$24,591,000
Improvement market value
$101,977,770
Total market value
$126,568,770
Applied tax rate
50,000.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Cooling
YES
Stories
3
Rooms
3353
Total area
853,724 SF
Lot
32.32 ac (1,407,885 SF)
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
072-4-01-0011
UPID
US87-0529755
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · Alexandria, VA
Zoning R-20(RESIDENTIAL 20 DU/AC · permitted uses
R-20(RESIDENTIAL 20 DU/AC · 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
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Cooling
Yes
Stories
3
Rooms
3353
Lot
32.32 ac
Current owner
From public records · entity-resolved
Gregory W Lewis
Individual
Free & Clear · 16 yrs held
Mailing address
2000 TOWER OAKS BLVD FL, ROCKVILLE, MD 20852-4282
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2010
—
Gregory W Lewis
Lewis Wade R Living Trust
Quit Claim Deed
related
—
Feb 10, 2005
—
Helen L Biondi-lewis
Lewis Wade R Trust
Quit Claim Deed
related
—
Feb 10, 2005
$10
Biondi-lewis Helen L Trust
Biondi-lewis,helen L
Grant Deed
related
—
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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