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Property profile & analytics
OFF-MARKET
Estimated value
$76,435,000
Office buildings
5109 Leesburg Pike Falls Church, VA 22041-3215
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1043375
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
368,400 SF
Lot
1.72 ac (74,848 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
062-3-01-0040-A1
UPID
US87-1043375
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
$80.95M
Comparable Approach
Comparable
$75.92M
Blend (final)
Blend
$76.44M
Owner & transaction history
Mtp 5109 Leesburg LLC · 5 yrs held
Mtp 5109 Leesburg LLC
since 2021
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)
$126.0M
+17.7%
Industrial (general)
$125.3M
+17.0%
Auto repair, garage
$123.0M
+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%
$87,690,000
6.5%
$80,945,000
7%
$75,165,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$107,100,000
Current use
COMMERCIAL (GENERAL)
$126,020,000
Change: +18% · Conversion: Easy
INDUSTRIAL (GENERAL)
$125,310,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$122,995,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$108,105,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$76.44M
Range $68.79M – $84.08M · ±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
$354,708
Tax year 2024
Assessed value
$27,635,970
Assessed 2024
Previous assessed
$31,569,010
-12.5% YoY
Effective rate
1.28%
On assessed value
Assessed land
$7,368,000
Assessed improvement
$20,267,970
Land market value
$7,368,000
Improvement market value
$20,267,970
Total market value
$27,635,970
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
Year built
1985
Heating
OTHER
Cooling
YES
Stories
9
Total area
368,400 SF
Lot
1.72 ac (74,848 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
062-3-01-0040-A1
UPID
US87-1043375
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
$107.1M
COMMERCIAL (GENERAL)
Est. value
$126.0M
INDUSTRIAL (GENERAL)
Est. value
$125.3M
AUTO REPAIR, GARAGE
Est. value
$123.0M
WAREHOUSE, STORAGE
Est. value
$108.1M
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
Year built
1985
Heating
OTHER
Cooling
Yes
Stories
9
Lot
1.72 ac
Current owner
From public records · entity-resolved
Mtp 5109 Leesburg LLC
Entity
Mailing address
130 W 42ND ST STE #1001, NEW YORK, NY 10036-7905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Apr 25, 2022
—
Mtp 5109 Leesburg LLC
—
Deed
related
$16,000,000 · Carter Bank & Trust
Feb 26, 2021
—
Mtp 5109 Leesburg LLC
Skyline 4 6 Propco Ozbe LLC
Special Warranty Deed
$8,600,000 · Sky 6 Jlj Ngc LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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