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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Office Spaces
5421 Vine St Alexandria, VA 22310-1025
Entity Owned
16-yr Hold
Free & Clear
Property ID
US87-0889042
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1974
Construction
CONCRETE BLOCKS
Total area
5,600 SF
Lot
0.42 ac (18,094 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
081-2-04-0023
UPID
US87-0889042
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
-
William B Hopke Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.56M
Owner & transaction history
Pmf Investments Nova LLC · 16 yrs held
Pmf Investments Nova LLC
since 2010
3 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+54.6%
Industrial (general)
$1.9M
+42.7%
Warehouse, storage
$1.9M
+42.3%
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%
$1,335,000
6.5%
$1,230,000
7%
$1,145,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,335,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,065,000
Change: +55% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,905,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,900,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±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
$278 / 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
$20,213
Tax year 2024
Assessed value
$1,574,840
Assessed 2024
Previous assessed
$1,616,260
-2.6% YoY
Effective rate
1.28%
On assessed value
Assessed land
$361,880
Assessed improvement
$1,212,960
Land market value
$361,880
Improvement market value
$1,212,960
Total market value
$1,574,840
Applied tax rate
4.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1974
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
2
Bathrooms
2
Total area
5,600 SF
Lot
0.42 ac (18,094 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
081-2-04-0023
UPID
US87-0889042
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Alexandria, VA
Zoning I-5(INDUSTRIAL GENERAL) · permitted uses
I-5(INDUSTRIAL GENERAL) · 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
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1974
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Pmf Investments Nova LLC
Entity
Free & Clear · 16 yrs held
Mailing address
PO BOX 10400, ALEXANDRIA, VA 22310-0400
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2010
—
Pmf Investments Nova LLC
Hopke Family Of Virginia LP
Grant Deed
related
—
—
—
Hopke Family Of Virginia LP
—
Deed Of Trust
related
$550,000 · Branch Bk&tr/va
—
—
Pmf Investment Nova LLC
—
Loan Modification
related
$1,230,000 · Branch Bk&tr
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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