Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Drive through restaurants
5701 Backlick Rd Springfield, VA 22151-4102
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0146336
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1968
Construction
STEEL FRAME
Total area
3,009 SF
Lot
0.69 ac (30,000 SF)
Zoning code
INDUSTRIAL (W/MIX OF INDU
APN
080-2-01-0026
UPID
US87-0146336
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
-
Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.90M
Owner & transaction history
Aqtq LLC · 1 yrs held
Aqtq LLC
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (W/MIX OF INDU · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$1,655,000
ML approach
$1,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $2.00M (Apr 4 2025)
Last sale anchor
$2.00M
Apr 4 2025
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
$630 / 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
$15,481
Tax year 2024
Assessed value
$1,206,160
Assessed 2024
Previous assessed
$1,192,180
+1.2% YoY
Effective rate
1.28%
On assessed value
Assessed land
$810,000
Assessed improvement
$396,160
Land market value
$810,000
Improvement market value
$396,160
Total market value
$1,206,160
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
1
Rooms
5
Bathrooms
1
Total area
3,009 SF
Lot
0.69 ac (30,000 SF)
Zoning code
INDUSTRIAL (W/MIX OF INDU
APN
080-2-01-0026
UPID
US87-0146336
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
INDUSTRIAL (W/MIX OF INDU · Springfield, VA
Zoning INDUSTRIAL (W/MIX OF INDU · permitted uses
INDUSTRIAL (W/MIX OF INDU · Springfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Aqtq LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6368 TORRENCE ST, BURKE, VA 22015-3426
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2025
—
Aqtq LLC
Anton F Qreitem
Deed
related
—
Nov 24, 2020
—
Toms King LLC
—
Deed
related
$51,500,000 · Bank Of America
Sep 17, 2015
$2,000,000
Tge Qreitem Family Tuust Dated Apri
Springfield 422 LLC
Warranty Deed
$1,050,000 · United Bank
Feb 3, 2012
—
Springfield 422 LLC
Tower Group LLC
Grant Deed
related
—
Feb 3, 2009
$1,166,666
Tower Group LLC
Burger King Corp
Grant Deed
—
—
—
Toms King Virginia LLC
—
Deed Of Trust
related
$22,000,000 · Bank Of America
—
—
Springfield 422 LLC
—
Deed Of Trust
related
$1,320,000 · Union First Market Bank
—
—
Toms King LLC
—
Loan Modification
related
$51,500,000 · Bank Of America
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?”
You own 5701 Backlick Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
