Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$102,290,000
Community centers
5800 Kingstowne Ctr Alexandria, VA 22315-5704
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-2000351
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Total area
187,134 SF
Lot
23.18 ac (1,009,577 SF)
Zoning code
PDH-4(RESIDENTIAL 4 DU/AC
APN
091-2-01-0032-A
UPID
US87-2000351
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
$111.94M
Comparable Approach
Comparable
$107.87M
Blend (final)
Blend
$102.29M
Owner & transaction history
Federal Realty Partners LP · 4 yrs held
Federal Realty Partners LP
since 2022
Last sale
$100.0M
4 recorded transactions
Zoning & alternative use
PDH-4(RESIDENTIAL 4 DU/AC · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$144.3M
+109.2%
Commercial (general)
$105.2M
+52.5%
Retail stores
$97.6M
+41.4%
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
Method
Estimation
Statistic approach
$91,635,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$121,265,000
6.5%
$111,935,000
7%
$103,940,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$68,995,000
Current use
RESTAURANT
$144,300,000
Change: +109% · Conversion: Difficult
COMMERCIAL (GENERAL)
$105,195,000
Change: +52% · Conversion: Easy
RETAIL STORES
$97,555,000
Change: +41% · Conversion: Easy
OFFICE BUILDING
$64,905,000
Change: -6% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$63,650,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$63,500,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$102.29M
Range $92.06M – $112.52M · ±10% · vs last sale $100.00M (Jul 27 2022)
Last sale anchor
$100.00M
Jul 27 2022
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
$547 / 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
$1,149,550
Tax year 2024
Assessed value
$89,563,680
Assessed 2024
Previous assessed
$90,258,390
-0.8% YoY
Effective rate
1.28%
On assessed value
Assessed land
$26,766,410
Assessed improvement
$62,797,270
Land market value
$26,766,410
Improvement market value
$62,797,270
Total market value
$89,563,680
Applied tax rate
4.0000
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
Off-Market
Heating
NONE
Stories
1
Total area
187,134 SF
Lot
23.18 ac (1,009,577 SF)
Zoning code
PDH-4(RESIDENTIAL 4 DU/AC
APN
091-2-01-0032-A
UPID
US87-2000351
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDH-4(RESIDENTIAL 4 DU/AC · Alexandria, VAZoning PDH-4(RESIDENTIAL 4 DU/AC · permitted uses
PDH-4(RESIDENTIAL 4 DU/AC · Alexandria, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$69.0M
RESTAURANT
Est. value
$144.3M
COMMERCIAL (GENERAL)
Est. value
$105.2M
RETAIL STORES
Est. value
$97.6M
OFFICE BUILDING
Est. value
$64.9M
INDUSTRIAL (GENERAL)
Est. value
$63.7M
WAREHOUSE, STORAGE
Est. value
$63.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
Heating
NONE
Stories
1
Lot
23.18 ac
Current owner
From public records · entity-resolved
Federal Realty Partners LP
Entity
Free & Clear · 4 yrs held
Mailing address
909 ROSE AVE STE #200, NORTH BETHESDA, MD 20852-8724
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
$100,000,000
Federal Realty Partners LP
Kingstowne Shopping Center I LP
Special Warranty Deed
—
Dec 20, 2012
—
Kingstowne Shopping Center I L
—
Loan Modification
related
$14,000,000 · Principal Life Insurance Co
Oct 16, 2012
—
Mitra Qsr Kne LLC
—
Deed Of Trust
related
$11,460,000 · Wells Fargo Bank
—
—
Kingstowne Shopping Center I L
—
Deed Of Trust
related
$3,786,822 · Principal Life Insurance Co
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 5800 Kingstowne Ctr?
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.
