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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Individual retail properties
5508 Leesburg Pike Falls Church, VA 22041
Entity Owned
10-yr Hold
Free & Clear
Property ID
US87-3949002
Property profile
Verified
Property type
Individual retail properties
Use group
APPLIANCE STORE
Year built
1974
Construction
STEEL FRAME
Total area
77,911 SF
Lot
4.91 ac (213,989 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
062-1-01-0014
UPID
US87-3949002
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
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$1.75M
Owner & transaction history
Nabdtbas Colby Smyth LLC · 10 yrs held
Nabdtbas Colby Smyth LLC
since 2015
6 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Falls Church, 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 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
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±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
$22 / 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
$129,061
Tax year 2024
Assessed value
$10,055,360
Assessed 2024
Previous assessed
$9,409,120
+6.9% YoY
Effective rate
1.28%
On assessed value
Assessed land
$8,131,580
Assessed improvement
$1,923,780
Land market value
$8,131,580
Improvement market value
$1,923,780
Total market value
$10,055,360
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
Individual retail properties
Use group
APPLIANCE STORE
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
0
Total area
77,911 SF
Lot
4.91 ac (213,989 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
062-1-01-0014
UPID
US87-3949002
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Falls Church, VA
Zoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · 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.
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
0
Lot
4.91 ac
Current owner
From public records · entity-resolved
Nabdtbas Colby Smyth LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 24550, COLUMBUS, OH 43224-0550
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2015
—
Nabdtbas Colby Smyth LLC
Smyth Logan Trust
Quit Claim Deed
related
—
Jun 13, 2014
—
Hodges 2014 Family LLC
Hodges Walter J Trust A
Quit Claim Deed
related
—
Dec 13, 2012
—
Hodges Margaret L Living Trust
Hodges Walter J Trust A
Quit Claim Deed
related
—
Feb 16, 2006
$811
Smyth Logan Trust
Smyth,rodney B
Grant Deed
related
—
Aug 4, 2005
—
Nigel S Smyth
Smyth Joseph P Trust
Quit Claim Deed
related
—
Aug 4, 2005
$10
Smyth Nigel S Trust
Smyth,nigel S
Quit Claim Deed
related
—
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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