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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Retail space
5701 Columbia Pike Falls Church, VA 22041-1605
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1150943
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
FRAME
Total area
11,000 SF
Lot
1.54 ac (66,931 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
061-2-43-0004
UPID
US87-1150943
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
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$858k
Blend (final)
Blend
$710k
Owner & transaction history
R & J Baileys LLC · 15 yrs held
R & J Baileys LLC
since 2011
2 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Falls Church, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+68.6%
Auto repair, garage
$835,000
+23.7%
Warehouse, storage
$835,000
+23.3%
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 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
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$675,000
Current use
RESTAURANT
$1,140,000
Change: +69% · Conversion: Easy
AUTO REPAIR, GARAGE
$835,000
Change: +24% · Conversion: Difficult
WAREHOUSE, STORAGE
$835,000
Change: +23% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$660,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$65 / 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
$52,284
Tax year 2024
Assessed value
$4,014,100
Assessed 2024
Previous assessed
$3,820,450
+5.1% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,543,380
Assessed improvement
$1,470,720
Land market value
$2,543,380
Improvement market value
$1,470,720
Total market value
$4,014,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Construction
FRAME
Heating
OTHER
Cooling
YES
Stories
1
Total area
11,000 SF
Lot
1.54 ac (66,931 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
061-2-43-0004
UPID
US87-1150943
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Falls Church, VAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$675,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$835,000
INDUSTRIAL (GENERAL)
Est. value
$660,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1967
Construction
FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
R & J Baileys LLC
Entity
Mailing address
60 WW ST STE #204, ANNAPOLIS, MD 21401-2480
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Jun 11, 2013
—
R & J Baileys LLC
—
Deed Of Trust
related
$10,500,000 · Hartford Life Insurance Co
Mar 18, 2011
$14,000,000
R & J Baileys LLC
Burtonsville Self Storage LLC
Grant Deed
$7,750,000 · Us Bank NA Series 2003-c7 (ce)
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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