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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Gas stations
501 Van Dorn St Alexandria, VA 22304-4611
Entity Owned
16-yr Hold
Free & Clear
Property ID
US87-0380951
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1996
Total area
2,600 SF
Lot
0.61 ac (26,572 SF)
Zoning code
CG - COMMERCIAL GENERAL Z
APN
50648110
UPID
US87-0380951
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
-
NTA of Vandorn Exxon Auto Repair Shop
-
Nationwide Tire & Auto Auto Repair Shop
-
LibertyX Bitcoin ATM Atm
-
HODL Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$822k
Blend (final)
Blend
$675k
Owner & transaction history
Vernon Petroleum Realty Mount · 16 yrs held
Vernon Petroleum Realty Mount
since 2009
7 recorded transactions
Zoning & alternative use
CG - COMMERCIAL GENERAL Z · 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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$785,000
Current use
RETAIL STORES
$715,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$690,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$260 / 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
$29,041
Tax year 2023
Assessed value
$2,616,300
Assessed 2023
Previous assessed
$3,200,000
-18.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,938,940
Assessed improvement
$677,360
Land market value
$1,938,940
Improvement market value
$677,360
Total market value
$2,616,300
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1996
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
2,600 SF
Lot
0.61 ac (26,572 SF)
Zoning code
CG - COMMERCIAL GENERAL Z
APN
50648110
UPID
US87-0380951
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CG - COMMERCIAL GENERAL Z · Alexandria, VA
Zoning CG - COMMERCIAL GENERAL Z · permitted uses
CG - COMMERCIAL GENERAL Z · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$785,000
RETAIL STORES
Est. value
$715,000
OFFICE BUILDING
Est. value
$690,000
SERVICE STATION (FULL SERVICE) Current
RETAIL STORES
OFFICE BUILDING
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
1996
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Vernon Petroleum Realty Mount
Entity
Free & Clear · 16 yrs held
Mailing address
6820TH COMMERCIAL DR, SPRINGFIELD, VA 22151-4220
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
—
Mount Vernon Petroleum Realty
—
Deed
related
$250,000,000 · Manufacturers & Traders Tr
Dec 30, 2016
—
Mount Vernon Petroleum Realty
—
Deed
related
$160,000,000 · Manufacturers & Traders Tr
Dec 5, 2012
—
Vernon Petroleum Realty Mount
—
Deed Of Trust
related
$155,100,000 · Manufacturers & Traders Trust
Dec 16, 2009
—
Vernon Petroleum Realty Mount
—
Loan Modification
related
$2,300,000 · Td Bank NA
Aug 6, 2009
$2,501,000
Vernon Petroleum Realty Mount
Exxon Mobil Corp
Grant Deed
related
—
Sep 24, 1996
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Mount Vernon Petroleum Realty
—
Loan Modification
related
$106,430,098 · Manufacturers & Traders Tr
—
—
Mount Vernon Petroleum Realty
—
Loan Modification
related
$160,000,000 · Manufacturers & Traders Tr
—
—
Mount Vernon Petroleum Realty
—
Loan Modification
related
$250,000,000 · Manufacturers & Traders Tr
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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