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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Turn key restaurants
5951 Stevenson Ave Alexandria, VA 22304-3303
Entity Owned
6-yr Hold
Free & Clear
Property ID
US87-1229069
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1979
Total area
12,180 SF
Lot
2.25 ac (98,010 SF)
Zoning code
CRMU-M - COMM/RESD MIXED
APN
50624260
UPID
US87-1229069
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
-
Dunya Restaurant
-
Farid & Brothers Inc Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$2.69M
Owner & transaction history
West End Development Associates LLC · 6 yrs held
West End Development Associates LLC
since 2020
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
CRMU-M - COMM/RESD MIXED · 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
$3,025,000
ML approach
$2,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.69M
Range $2.42M – $2.96M · ±10% · vs last sale $2.54M (Jun 2 2020)
Last sale anchor
$2.54M
Jun 2 2020
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
$221 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$80,565
Tax year 2023
Assessed value
$7,258,136
Assessed 2023
Previous assessed
$6,821,306
+6.4% YoY
Effective rate
1.11%
On assessed value
Assessed land
$7,208,136
Assessed improvement
$50,000
Land market value
$7,208,136
Improvement market value
$50,000
Total market value
$7,258,136
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1979
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,180 SF
Lot
2.25 ac (98,010 SF)
Zoning code
CRMU-M - COMM/RESD MIXED
APN
50624260
UPID
US87-1229069
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CRMU-M - COMM/RESD MIXED · Alexandria, VA
Zoning CRMU-M - COMM/RESD MIXED · permitted uses
CRMU-M - COMM/RESD MIXED · 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
1979
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.25 ac
Current owner
From public records · entity-resolved
West End Development Associates LLC
Entity
Free & Clear · 6 yrs held
Mailing address
505 MAIN ST, HACKENSACK, NJ 07601-5900
Ownership since
2020
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
Jun 2, 2020
$5,000,000
West End Development Associates LLC
5951 Stevenson Avenue LLC
Special Warranty Deed
—
Feb 6, 2012
—
5901 Stevenson Avenue LLC
—
Deed Of Trust
related
$14,000,000 · Burke & Herbert Bank & Trust
Jan 10, 2007
$10,000,000
5951 Stevenson Ave LLC
Ann Hirst Memorial LLC
Grant Deed
related
$6,000,000 · Ann Hirst Memorial LLC
Jan 8, 2007
—
Ann Hirst Memorial LLC
El Torito Restaurants INC
Grant Deed
related
—
Mar 24, 2005
—
Ann Hirst Memorial LLC
Ann P Hirst Irrev Trust
Quit Claim Deed
related
—
—
—
5901 Stevenson Avenue LLC
—
Deed Of Trust
related
$8,700,000 · Burke & Herbert Bk&tr
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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