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Property profile & analytics
FOR LEASE
Office buildings
5904 Richmond Hwy 500 Alexandria, VA 22303
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1192405
For Lease
1 / 16
$7,130,000
5904 Richmond Hwy,Unit 500, Alexandria, VA 22303
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
STEEL FRAME
Total area
83,742 SF
Lot
2.53 ac (110,159 SF)
Zoning code
C-3(OFFICE)
APN
083-2-01-0002-B
UPID
US87-1192405
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
-
Krissi Reeber, PA-C Physician
-
Envisioneering Inc Engineering Consultant
-
QMX Support Services Business Management Consultant
-
Weight Loss and Vitality Weight Loss Service Medical Clinic
-
Deon Casey Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.22M
Blend (final)
Blend
$7.13M
Owner & transaction history
Haddad Group LLC · 2 yrs held
Haddad Group LLC
since 2023
Last sale
$7.0M
6 recorded transactions
Zoning & alternative use
C-3(OFFICE) · Alexandria, 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 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
$7,280,000
ML approach
$7,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.13M
Range $6.42M – $7.84M · ±10% · vs last sale $6.95M (Aug 16 2023)
Last sale anchor
$6.95M
Aug 16 2023
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
$85 / 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
$126,826
Tax year 2024
Assessed value
$9,881,270
Assessed 2024
Previous assessed
$11,928,620
-17.2% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,313,340
Assessed improvement
$7,567,930
Land market value
$2,313,340
Improvement market value
$7,567,930
Total market value
$9,881,270
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
6
Total area
83,742 SF
Lot
2.53 ac (110,159 SF)
Zoning code
C-3(OFFICE)
APN
083-2-01-0002-B
UPID
US87-1192405
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-3(OFFICE) · Alexandria, VA
Zoning C-3(OFFICE) · permitted uses
C-3(OFFICE) · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
6
Lot
2.53 ac
Current owner
From public records · entity-resolved
Haddad Group LLC
Entity
Mailing address
19600 WALTER JOHNSON RD, GERMANTOWN, MD 20874-2606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2024
—
Haddad Group LLC
—
Deed
related
$6,750,000 · John Marshall Bank
Aug 16, 2023
$6,950,000
Haddad Group LLC
5904 Richmond Highway LLC
Special Warranty Deed
$4,170,000 · 5904 Richmond Highway LLC
Dec 1, 2020
$10,400,000
5904 Richmond Highway LLC
Rock Creek-5904 Richmond LLC
Grant Deed
—
Sep 1, 2017
$8,300,000
Rock Creek-5904 Richmond LLC
One Beltway LLC
Grant Deed
—
May 1, 2009
—
Hunting Creek LLC
—
Grant Deed
related
$5,500,000 · Burke & Herbert Bank & Trust
—
—
One Beltway LLC
—
Deed Of Trust
related
$7,000,000 · Riversource Life Insurance
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?”
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