Back to Search
Property profile & analytics
FOR LEASE
Community centers
5601 Stone Rd Centreville, VA 20120
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1992748
For Lease
1 / 2
$32,205,000
5601 Stone Rd, Centreville, VA 20120
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1990
Construction
CONCRETE BLOCKS
Total area
146,629 SF
Lot
14.92 ac (650,072 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
054-1-17-E
UPID
US87-1992748
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
$36.07M
Blend (final)
Blend
$32.21M
Owner & transaction history
Village Center Va LLC · 3 yrs held
Village Center Va LLC
since 2022
2 recorded transactions
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Centreville, 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 Centreville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centreville 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$49,875,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$48,955,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$32.21M
Range $28.98M – $35.43M · ±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
$220 / 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
$408,023
Tax year 2024
Assessed value
$31,789,900
Assessed 2024
Previous assessed
$32,791,590
-3.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$12,254,140
Assessed improvement
$19,535,760
Land market value
$12,254,140
Improvement market value
$19,535,760
Total market value
$31,789,900
Applied tax rate
9.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1990
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
1
Total area
146,629 SF
Lot
14.92 ac (650,072 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
054-1-17-E
UPID
US87-1992748
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Centreville, VA
Zoning C-6(COMMUNITY RETAIL) · permitted uses
C-6(COMMUNITY RETAIL) · Centreville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Centreville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$49.9M
AUTO REPAIR, GARAGE
Est. value
$49.0M
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1990
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
1
Lot
14.92 ac
Current owner
From public records · entity-resolved
Village Center Va LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7501 WISCONSIN AVE STE 1500E, BETHESDA, MD 20814-6522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Aug 5, 2022
—
Village Center Va LLC
Saul Holdings Limited Partnership
Deed
—
—
—
Saul Holdings
—
Deed Of Trust
related
$16,000,000 · Thrivent Financial For Luthera
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
