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Property profile & analytics
OFF-MARKET
Estimated value
$126,335,000
Office buildings
5107 Leesburg Pike Falls Church, VA 22041-3260
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1789735
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
608,913 SF
Lot
3.67 ac (159,715 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
062-3-01-0041-D
UPID
US87-1789735
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$133.79M
Comparable Approach
Comparable
$125.49M
Blend (final)
Blend
$126.34M
Owner & transaction history
5107 Sky Tower Propco LLC · 6 yrs held
5107 Sky Tower Propco LLC
since 2019
2 recorded transactions
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Falls Church, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$208.3M
+17.7%
Industrial (general)
$207.1M
+17.0%
Auto repair, garage
$203.3M
+14.8%
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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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%
$144,940,000
6.5%
$133,790,000
7%
$124,235,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$177,015,000
Current use
COMMERCIAL (GENERAL)
$208,295,000
Change: +18% · Conversion: Easy
INDUSTRIAL (GENERAL)
$207,115,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$203,290,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$178,680,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$126.34M
Range $113.70M – $138.97M · ±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
$207 / 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
$1,263,302
Tax year 2024
Assessed value
$98,426,300
Assessed 2024
Previous assessed
$107,617,630
-8.5% YoY
Effective rate
1.28%
On assessed value
Assessed land
$8,508,540
Assessed improvement
$89,917,760
Land market value
$8,508,540
Improvement market value
$89,917,760
Total market value
$98,426,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Stories
26
Total area
608,913 SF
Lot
3.67 ac (159,715 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
062-3-01-0041-D
UPID
US87-1789735
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Falls Church, VA
Zoning PDC(PLANNED DEV COMMERCIA · permitted uses
PDC(PLANNED DEV COMMERCIA · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$177.0M
COMMERCIAL (GENERAL)
Est. value
$208.3M
INDUSTRIAL (GENERAL)
Est. value
$207.1M
AUTO REPAIR, GARAGE
Est. value
$203.3M
WAREHOUSE, STORAGE
Est. value
$178.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
Heating
NONE
Stories
26
Lot
3.67 ac
Current owner
From public records · entity-resolved
5107 Sky Tower Propco LLC
Entity
Free & Clear · 6 yrs held
Mailing address
130 W 42ND ST STE #1001, NEW YORK, NY 10036-7905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2019
$102,900,000
5107 Sky Tower Propco LLC
U S Bank National Association
Special Warranty Deed
—
Dec 27, 2016
$200,000,000
Us Bank NA Series 2007-1 Tr
Panagopoulos Constantinos|cesc Skyline LLC
Trustees 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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