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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Office buildings
5999 Stevenson Ave, Alexandria, VA 22304-3304
Entity Owned
6-yr Hold
Free & Clear
Property ID
US87-0921451
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
40,050 SF
Lot
1.26 ac (54,886 SF)
Zoning code
OCM(50) - OFFICE COMMERC
APN
50368410
UPID
US87-0921451
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
-
Krislynn Perry Hair Salon
-
Vo&Vereshaka Insurance Agency Insurance Agency
-
New Era Nursing Home Health Care Service
-
DaVita CDc Of Alexandria Medical Clinic
-
PayFund Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.76M
Owner & transaction history
West End Dev Associates LLC · 6 yrs held
West End Dev Associates LLC
since 2020
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
OCM(50) - OFFICE COMMERC · 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
$2,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±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
$69 / 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
$45,098
Tax year 2023
Assessed value
$4,062,859
Assessed 2023
Previous assessed
$4,040,349
+0.6% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,812,859
Assessed improvement
$250,000
Land market value
$3,812,859
Improvement market value
$250,000
Total market value
$4,062,859
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
Off-Market
Year built
1983
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Total area
40,050 SF
Lot
1.26 ac (54,886 SF)
Zoning code
OCM(50) - OFFICE COMMERC
APN
50368410
UPID
US87-0921451
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
OCM(50) - OFFICE COMMERC · Alexandria, VA
Zoning OCM(50) - OFFICE COMMERC · permitted uses
OCM(50) - OFFICE COMMERC · 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
1983
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
1.26 ac
Current owner
From public records · entity-resolved
West End Dev Associates LLC
Entity
Free & Clear · 6 yrs held
Mailing address
505 MAIN ST #5, HACKENSACK, NJ 07601-5900
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2020
$5,000,000
West End Dev Associates LLC
5999 Stevenson Ave LLC
Grant Deed
—
Jul 26, 2016
—
5901 Stevenson Avenue LLC
—
Deed
related
$8,700,000 · Burke & Herbert Bk&tr
Feb 6, 2012
—
5901 Stevenson Avenue LLC
—
Deed Of Trust
related
$14,000,000 · Burke & Herbert Bank & Trust
May 12, 2005
$6,600,000
5999 Stevenson Ave LLC
Butera Stevenson Ave LLC
Deed Of Trust
related
$4,670,000 · Burke & Herbert Bank & Trust
—
—
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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