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    Property profile & analytics

    5100 Wellington Rd Gainesville, VA 20155-4069

    • Individual retail properties
    • 78,384 SF
    • 11.64 lot acres
    OFF-MARKET
    Last Sale
    Dec 13, 2022
    $20,500,000
    Value Estimations
    $20,680,000
    Show details
    Cap Rate Potential
    5.1%
    Individual retail properties
    Location Intelligence
    Property ID
    US87-2279628
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BJ's Wholesale Club / Big Box & Wholesale Store / Grocery & Convenience Store
    • BJ's Optical / Ophthalmologist / (Bike/Boat/Book/etc) Store
    • AT&T Store / Telecommunications Service
    • BJ's Gas / Gas Station

    Property Details for 5100 Wellington Rd

    Year built
    2011
    Lot size
    11.64 lot acres
    Property size
    78,384 SF
    Zone code
    GENERAL BUSINESS
    Property type
    Individual retail properties
    APN
    7397-82-1729
    APU
    7397821729

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $25,065,000
      6.5%
      $23,140,000
      7%
      $21,485,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $18,581,000
      Market price range: $12.5M - $32.1M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $23,315,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Prince William
    State
    Virginia
    Longitude
    -77.6045
    Latitude
    38.7908
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $97,452
    $6,209,400
    $3,156,500
    $9,365,900
    -
    $6,209,400
    $3,156,500
    $9,365,900

    Comparable in this City

    • Value Estimation
      $11,870,000
      79,969 SF

      5291 Wellington Br Dr

      APPLIANCE STORE • 79,969 SF
      5291 Wellington Br Dr, Gainesville, VA 20155-4002
      View Details
    • Value Estimation
      $22,725,000
      174,700 SF

      13301 Gtwy Ctr Dr

      APPLIANCE STORE • 174,700 SF
      13301 Gtwy Ctr Dr, Gainesville, VA 20155-2984
      View Details
    • Value Estimation
      $2,595,000
      14,728 SF

      14610 Lee Hwy

      APPLIANCE STORE • 14,728 SF
      14610 Lee Hwy, Gainesville, VA 20155-1831
      View Details
    • Value Estimation by Request

      Cor Of Rt. 29 & University Blvd

      Individual retail properties
      0 Cor Of Rt. 29 & University Blvd, Gainesville, VA 20155
      View Details
    • Value Estimation
      $34,825,000
      92,430 SF

      13225 Gtwy Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 92,430 SF
      13225 Gtwy Ctr Dr, Gainesville, VA 20155
      View Details
    • Value Estimation
      $2,895,000
      12,996 SF

      14380 Mcgraws Cor Dr

      DRUG STORE, PHARMACY • 12,996 SF
      14380 Mcgraws Cor Dr, Gainesville, VA 20155-1866
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,086 SF

      New Retail Building For Sale

      New construction retail building with corporate ground lease in Gainesville.
      5000 Wellington Rd, Gainesville, VA 20155
      View Details
    • $2,500,000

      Prime Commercial Land on Lee Highway

      2.1 acre B-1 zoned land with exceptional visibility.
      14203 Lee Hwy, Gainesville, VA 20155
      View Details
    • $350,000
      1,875 SF

      bb.q Chicken Restaurant For Sale

      Franchise restaurant opportunity in a high-visibility location.
      13841 Heathcote Blvd, Gainesville, VA 20155
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    • $800,000

      Retail, Industrial, Flex Space Available

      Premier shopping destination with retail, industrial, and flex space.
      7481 Limestone Dr, Gainesville, VA 20155
      View Details
    • $3,450,000
      2,079 SF

      Gainesville Jiffy Lube Investment

      High-yield NNN leased auto shop
      7441 Hillwood Dr, Gainesville, VA 20155
      View Details
    • $895,000

      Commercial Land For Sale

      One acre of B-1 commercial land available in Gainesville, Virginia.
      14809 Lee Hwy, Gainesville, VA 20155
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Retail Space Available for Lease

      Retail space available immediately, Urban Air Adventure Park opening Q2 2024.
      7499-7567 Somerset Crossing Dr, Gainesville, VA 20155
      View Details
    • Contact for pricing
      121,968 SF

      Gainesville Retail Outparcels Available

      Prime Retail Space, Two Units, 1-2 Acres
      0 Cor Of Rt. 29 & University Blvd, Gainesville, VA 20155
      View Details
    • Contact for pricing
      1,600 SF

      Gainesville Retail Space For Lease

      1600 SF Retail Space - Available Now
      7523 Somerset Crossing Dr, Gainesville, VA 20155
      View Details
    • $5,900 /Mo

      Retail Flex Space on Highway

      3,800 SF retail space with high visibility available for lease.
      16326 Lee Hwy, Gainesville, VA 20155
      View Details
    • $432 /Mo
      53,000 SF

      Gainesville Office Suite for Lease

      1,495 SF Office, Prime Location
      7001 Heritage Village Plz, Gainesville, VA 20155
      View Details
    • $2,850 /Mo

      Gainesville Versatile Professional Space

      Sublease opportunity in a high-traffic Northern Virginia market.
      7430 Heritage Village Plz, Gainesville, VA 20155
      View Details
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    Gainesville, VA 20155-4069
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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