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Property profile & analytics
OFF-MARKET
Estimated value
$16,155,000
Office buildings
5249 Duke St, Alexandria, VA 22304-2926
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0137013
Property summary
AI-generated overview
The Landmark Professional Center, a Class B, four-story medical office building, offers 61,296 square feet of versatile space in Alexandria, Virginia. Located in the I-395 Corridor, Landmark submarket, this property boasts a convenient location just off I-395, providing easy access for patients and staff. Built in 1971 and renovated in 1994, the building features eight suites, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 5,229 square feet. Currently, 11,289 square feet is available for lease. The property sits on 2.01 acres of land and includes 220 parking spaces and elevators for convenient access. Ceiling heights are 8.5 feet. The building is zoned OCM50, Alexandria County Office and Retail, and currently houses numerous healthcare practices, creating a strong synergy for additional medical tenants. A generous build-out allowance is available to qualified tenants. This exceptional opportunity provides a chance to establish or expand a medical practice in a thriving, established medical community within Fairfax County. The address is 5249 Duke St, Alexandria, VA 22304.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
70,058 SF
Lot
2.01 ac (87,556 SF)
Zoning code
OCM(50) - OFFICE COMMERC
APN
38160050
UPID
US87-0137013
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
-
Landmark Smile Dental Office
-
Quarles Pamela MD Physician
-
Inga R. London, DC Alternative Medicine Practice
-
Alexandria Aesthetics Spa & Massage Center Alternative Medicine Practice
-
Alexandria Landmark Dermatology Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.40M
Comparable Approach
Comparable
$18.23M
Blend (final)
Blend
$16.16M
Owner & transaction history
Landmark Center LLC · 17 yrs held
Landmark Center LLC
since 2009
2 recorded transactions
Zoning & alternative use
OCM(50) - OFFICE COMMERC · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$16,675,000
6.5%
$15,395,000
7%
$14,295,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$24,300,000
Current use
WAREHOUSE, STORAGE
$23,775,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$16.16M
Range $14.54M – $17.77M · ±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
$231 / 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
$111,466
Tax year 2023
Assessed value
$10,042,000
Assessed 2023
Previous assessed
$10,042,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,070,690
Assessed improvement
$6,971,310
Land market value
$3,070,690
Improvement market value
$6,971,310
Total market value
$10,042,000
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
1971
Heating
OTHER
Cooling
OTHER
Buildings
2
Stories
5
Total area
70,058 SF
Lot
2.01 ac (87,556 SF)
Zoning code
OCM(50) - OFFICE COMMERC
APN
38160050
UPID
US87-0137013
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
OCM(50) - OFFICE COMMERC · Alexandria, VA
Zoning OCM(50) - OFFICE COMMERC · permitted uses
OCM(50) - OFFICE COMMERC · 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
OFFICE BUILDING Current
Est. value
$24.3M
WAREHOUSE, STORAGE
Est. value
$23.8M
OFFICE BUILDING Current
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
1971
Heating
OTHER
Cooling
Yes
Stories
5
Buildings
2
Lot
2.01 ac
Current owner
From public records · entity-resolved
Landmark Center LLC
Entity
Mailing address
7717 CARLTON PL, MCLEAN, VA 22102-2152
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2015
—
Landmark Center LLC
—
Grant Deed
related
$8,000,000 · Bank Of America
Jun 17, 2009
$10,831,000
Landmark Center LLC
Landmark Medical Building Asso
Deed Of Trust
related
$8,800,000 · Fulton 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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