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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5901 Kingstowne Vlg Pkwy Alexandria, VA 22315-5880

    • Community centers
    • 226,270 SF
    • 21.98 lot acres
    OFF-MARKET
    Last Sale
    Apr 20, 2022
    $100,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-1074852
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Susan Rogers / Midwife
    • Sleep Care Center, Alexandria Office, Loudoun Medical Group / Medical Clinic
    • James Tomkinson, MD, Alexandria Sleep Care Center, Loudoun Medical Group / Medical Clinic
    • Ana Veronica Kopelman, PA-C, Comprehensive Sleep Care Center, Loudoun Medical Group / Medical Clinic
    • Central Base Home HealthCare / Home Health Care Service

    Property Details for 5901 Kingstowne Vlg Pkwy

    Lot size
    21.98 lot acres
    Property size
    226,270 SF
    Zone code
    PDC(PLANNED DEV COMMERCIA
    Property type
    Community centers
    APN
    091-2-01-0036-G
    APU
    0912010036G

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • CAP approach

      CAP Return
      Estimation
      6%
      $146,625,000
      6.5%
      $135,345,000
      7%
      $125,675,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $115,841,000
      Market price range: $53.8M - $130M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $83,420,000
      Current use
      COMMERCIAL (GENERAL)
      $127,195,000
      Change: +52% Conversion: Easy
      RETAIL STORES
      $117,960,000
      Change: +41% Conversion: Easy
      OFFICE BUILDING
      $78,480,000
      Change: -6% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $76,965,000
      Change: -8% Conversion: Difficult
      WAREHOUSE, STORAGE
      $76,780,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.1397
    Latitude
    38.7705
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,175,858
    $27,546,610
    $64,066,760
    $91,613,370
    -
    $27,546,610
    $64,066,760
    $91,613,370

    Comparable in this City

    • Value Estimation
      $26,385,000
      93,120 SF

      5900 Kingstowne Towne Ctr

      MINI-MALL • 93,120 SF
      5900 Kingstowne Towne Ctr, Alexandria, VA 22315-5750
      View Details
    • Value Estimation
      $15,605,000
      74,034 SF

      6001 Kingstowne Vlg Pkwy

      MINI-MALL • 74,034 SF
      6001 Kingstowne Vlg Pkwy, Alexandria, VA 22315-4601
      View Details
    • Value Estimation
      $21,965,000
      96,792 SF

      7540 Telegraph Rd

      MINI-MALL • 96,792 SF
      7540 Telegraph Rd, Alexandria, VA 22315
      View Details
    • Value Estimation by Request
      187,134 SF

      5800 Kingstowne Ctr

      MINI-MALL • 187,134 SF
      5800 Kingstowne Ctr, Alexandria, VA 22315-5704
      View Details
    • Value Estimation
      $27,130,000
      89,508 SF

      6400 Landsdowne Ctr

      SHOPPING CENTER, STRIP CENTER • 89,508 SF
      6400 Landsdowne Ctr, Alexandria, VA 22315-5003
      View Details
    • Value Estimation
      $785,000
      2,151 SF

      7710 Telegraph Rd

      SHOPPING CENTER, STRIP CENTER • 2,151 SF
      7710 Telegraph Rd, Alexandria, VA 22315-3823
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,573 SF

      Retail Space in Hilltop Village

      Retail space available in a dynamic mixed-use center.
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      View Details
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      1,492 SF

      Hilltop Village Center Retail Space

      1,492 SF Retail Space in Alexandria, VA
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      View Details
    • Contact for pricing
      250,811 SF

      Hilltop Village Center Retail Space

      Prime Fairfax County retail space, Wegmans-anchored.
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      View Details
    • Contact for pricing
      26,477 SF

      Kingstowne Village Parkway Office Space

      Office space with easy access to transportation and structured parking.
      5911 Kingstowne Village Pkwy, Alexandria, VA 22315
      View Details
    • Contact for pricing

      Commercial Land for Rent

      Up to 1 acre of commercial land available for rent.
      5701 Kingstowne Blvd, Alexandria, VA 22315
      View Details
    • $90 SF/Yr
      13,044 SF

      Kingstowne Ridge Executive Suites

      Premium Alexandria Office Space: Flexible & Furnished
      5680 King Centre Dr, Alexandria, VA 22315
      View Details
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    Alexandria, VA 22315-5880
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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