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Property profile & analytics
OFF-MARKET
Estimated value
$5,140,000
Warehouses
512 Ml NE St Vienna, VA 22180-4526
Entity Owned
~
Est. High Equity
Property ID
US87-0601988
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1965
Construction
STEEL FRAME
Total area
24,648 SF
Lot
1.51 ac (65,732 SF)
Zoning code
CM(LIMITED INDUSTRIAL)
APN
038-2-02-0147
UPID
US87-0601988
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
by Request
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$5.14M
Owner & transaction history
Greetings From Vienna LLC
Greetings From Vienna LLC
since 2025
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
CM(LIMITED INDUSTRIAL) · Vienna, 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 Vienna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vienna 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
$5.14M
Range $4.63M – $5.65M · ±10% · vs last sale $6.63M (Jul 6 2025)
Last sale anchor
$6.63M
Jul 6 2025
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
$209 / 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
$49,224
Tax year 2024
Assessed value
$3,835,100
Assessed 2024
Previous assessed
$3,809,120
+0.7% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,817,400
Assessed improvement
$2,017,700
Land market value
$1,817,400
Improvement market value
$2,017,700
Total market value
$3,835,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Total area
24,648 SF
Lot
1.51 ac (65,732 SF)
Zoning code
CM(LIMITED INDUSTRIAL)
APN
038-2-02-0147
UPID
US87-0601988
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CM(LIMITED INDUSTRIAL) · Vienna, VA
Zoning CM(LIMITED INDUSTRIAL) · permitted uses
CM(LIMITED INDUSTRIAL) · Vienna, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vienna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Greetings From Vienna LLC
Entity
Mailing address
PO BOX 1565, VIENNA, VA 22183-1565
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
$6,625,000
Greetings From Vienna LLC
500 Mill Street LLC
Special Warranty Deed
$3,510,000 · Fvcbank
Jul 3, 2018
—
500 Mill Street LLC
—
Deed
related
$2,400,000 · National Cap Bk/wa
Dec 1, 2011
$2,500,000
500 Mill Street LLC
Vienna Properties INC
Grant Deed
$1,875,000 · Eagle Bank
—
—
500 Mill Street LLC
—
Deed Of Trust
related
$2,600,000 · Premier Bk
—
—
Vienna Properties INC
—
Deed Of Trust
related
$875,000 · Access National Bank
—
—
500 Mill Street LLC
—
Deed Of Trust
related
$2,400,000 · National Cap Bk/wa
—
—
500 Mill Street LLC
—
Deed Of Trust
related
$500,000 · National Cap Bk/wa
—
—
Vienna Properties INC
—
Deed Of Trust
related
$130,000 · United Bank
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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