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Property profile & analytics
OFF-MARKET
Estimated value
$65,650,000
Apartment buildings
6166 Leesburg Pike Falls Church, VA 22044-1840
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3640687
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
STEEL FRAME
Total area
331,010 SF
Lot
13.06 ac (568,894 SF)
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
051-3-01-0024
UPID
US87-3640687
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
$65.65M
CAP Approach
CAP
$76.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$65.65M
Owner & transaction history
6166 Leesbusrg Pike LLC · 1 yrs held
6166 Leesbusrg Pike LLC
since 2024
Last sale
$65.7M
4 recorded transactions
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · Falls Church, 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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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
$65,650,000
ML approach
$65,650,000
CAP Approach
CAP Return
Estimation
6%
$82,580,000
6.5%
$76,230,000
7%
$70,785,000
Blend value · Realmo final
$65.65M
Range $59.09M – $72.22M · ±10% · vs last sale $65.65M (Nov 20 2024)
Last sale anchor
$65.65M
Nov 20 2024
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
$198 / 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
$780,947
Tax year 2024
Assessed value
$66,322,470
Assessed 2024
Previous assessed
$67,864,500
-2.3% YoY
Effective rate
1.18%
On assessed value
Assessed land
$9,610,000
Assessed improvement
$56,712,470
Land market value
$9,610,000
Improvement market value
$56,712,470
Total market value
$66,322,470
Applied tax rate
50,100.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1962
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
6
Rooms
1158
Total area
331,010 SF
Lot
13.06 ac (568,894 SF)
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
051-3-01-0024
UPID
US87-3640687
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · Falls Church, VA
Zoning R-20(RESIDENTIAL 20 DU/AC · permitted uses
R-20(RESIDENTIAL 20 DU/AC · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
6
Rooms
1158
Lot
13.06 ac
Current owner
From public records · entity-resolved
6166 Leesbusrg Pike LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2560 HUNTINGTON AVE STE #200, ALEXANDRIA, VA 22303-1448
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Nov 20, 2024
$65,650,000
6166 Leesbusrg Pike LLC
Cia Jefferson LLC
Deed
—
Jun 9, 2015
$52,000,000
Cia-jefferson LLC
Bvf-ii Prestwick LLC
Grant Deed
$39,204,000 · M&t Rlty Cap
Dec 28, 2007
$44,000,000
Bvf-ii Prestwick LLC
Fairfield Ravenwood LLC
Grant Deed
$36,463,000 · Johnson Capital Group INC
Aug 31, 2004
$32,670,000
Fairfield Ravenwood LLC
Ravenwood Towers INC
Grant Deed
related
$23,500,000 · Columbia National R E Finance
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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