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Property profile & analytics
OFF-MARKET
Distribution centers
550 Pickett St, Alexandria, VA 22304
Entity Owned
1-yr Hold
Property ID
US87-1290184
Property summary
AI-generated overview
This exceptional new 2025-built industrial warehouse at 550 S Pickett St, Alexandria, VA offers three units totaling 8,937 square feet. Each unit boasts 20-foot ceilings and includes private parking. Situated in the thriving Eisenhower West neighborhood, this property benefits from a highly walkable location (Walk Score of 85), convenient access to major transportation arteries including I-495, I-395, the Eisenhower Avenue corridor, and the Alexandria VRE and Van Dorn Street Metro stations (under 4 and 1 mile respectively). The building features a modern façade with ample glass windows and signage area. It's also directly on the Alexandria DASH bus line (7A & 32). The 32,488 square foot lot is zoned Industrial (I), providing flexibility for various business needs. This property presents a rare opportunity to lease modern, well-located industrial space in a rapidly developing area of Alexandria.
Property profile
Verified
Property type
Distribution centers
Year built
2025
Total area
8,937 SF
UPID
US87-1290184
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tori Pickett LLC · 1 yrs held
Tori Pickett LLC
since 2025
2 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
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
Distribution centers
Status
Off-Market
Year built
2025
Total area
8,937 SF
UPID
US87-1290184
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2025
Current owner
From public records · entity-resolved
Tori Pickett LLC
Entity
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
$2,000,000
Tori Pickett LLC
Avanti Hg 550 LLC
Special Warranty Deed
$4,140,000 · Redmon Gant
Jan 14, 2020
$1,400,000
Avanti Hg 550 LLC
Btm Pickett Properties LLC
Special Warranty Deed
$968,000 · Eaglebank
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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