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

    6200 Multiplex Dr Centreville, VA 20121-5324

    • Office buildings
    • 4,084 SF
    • 1.36 lot acres
    OFF-MARKET
    Value Estimations
    $1,195,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-0391756
    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

    • TD Bank / Bank / Loan Service
    • Scott Stevenson - Mortgage Loan Officer / Loan Service / Bank
    • TD Bank ATM / Atm

    Property Details for 6200 Multiplex Dr

    Lot size
    1.36 lot acres
    Property size
    4,084 SF
    Zone code
    PDC(PLANNED DEV COMMERCIA
    Property type
    Office buildings
    APN
    065-1-10-0010
    APU
    651100010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,375,000
      6.5%
      $1,270,000
      7%
      $1,180,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,275,000
      Market price range: $893k - $1.28M
      AI Estimate
      $1,042,000
      Market price range: $870k - $1.04M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,100,000
      Current use
      COMMERCIAL (GENERAL)
      $1,855,000
      Change: +69% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,505,000
      Change: +37% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,365,000
      Change: +24% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,200,000
      Change: +9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Centreville
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.4378
    Latitude
    38.831
    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
    $42,289
    $1,596,110
    $1,698,710
    $3,294,820
    -
    $1,596,110
    $1,698,710
    $3,294,820

    Comparable in this City

    • Value Estimation
      $15,280,000
      61,740 SF

      13890 Braddock Rd

      OFFICE BUILDING • 61,740 SF
      13890 Braddock Rd, Centreville, VA 20121-2435
      View Details
    • Value Estimation
      $1,355,000
      6,683 SF

      6208 Multiplex Dr

      OFFICE BUILDING • 6,683 SF
      6208 Multiplex Dr, Centreville, VA 20121-5324
      View Details
    • Value Estimation
      $850,000
      2,771 SF

      5866 Old Centreville Rd

      OFFICE BUILDING • 2,771 SF
      5866 Old Centreville Rd, Centreville, VA 20121-2426
      View Details
    • Value Estimation by Request
      1,308 SF

      15911 Rte 29

      OFFICE BUILDING • 1,308 SF
      15911 Rte 29, Centreville, VA 20121-2138
      View Details
    • Value Estimation
      $1,570,000
      0.85 Acres

      6130 Redwood Sq Ctr

      OFFICE BUILDING • 0.85 Acres
      6130 Redwood Sq Ctr, Centreville, VA 20121-2636
      View Details
    • Value Estimation
      $17,585,000
      71,058 SF

      5900 Ft Dr

      OFFICE BUILDING • 71,058 SF
      5900 Ft Dr, Centreville, VA 20121-2477
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      1 WATER FOUNTAIN

      NETWORK AND PHONE CABLE ARE WIRED. BACK AND FRONT VIEW LOTS WINDOW AND BALCONY READY TO MOVE IN. CALL TODAY. FOR MORE INFORMATION.""""}"""
      14701 Rte 29 Hwy, Centreville, VA 20121
      View Details
    • Contact for pricing
      0.03 Acres

      Centreville Office Condo For Lease

      Prime Centreville location, ample parking.
      14641 Lee Hwy, Centreville, VA 20121
      View Details
    • New
      $295,000

      Commercial Office Space For Sale

      Commercial office space available for sale in Centreville, Virginia.
      14641 Rte 29, Centreville, VA 20121
      View Details
    • Contact for pricing

      Centreville Office Space For Lease

      Prime Centreville location, 1382 sq ft.
      14701 Lee Hwy, Centreville, VA 20121
      View Details
    • $595,000

      Spacious Townhome in Little Rocky Run

      Three-bedroom townhome with finished basement, deck, and fenced backyard.
      13939 Waterflow Pl, Centreville, VA 20121
      View Details
    • $945,000

      Specialty Property for Sale

      Specialty property available for purchase.
      15056 Brown Post Ln, Centreville, VA 20121
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr

      Centreville Office Condo For Lease

      Professional office condo with abundant natural light and convenient location.
      14701 Rte 29, Centreville, VA 20121
      View Details
    • $2,200 /Mo

      Office Condo For Lease

      Office condo for lease in an excellent location.
      14641 Lee Hwy, Centreville, VA 20121
      View Details
    • $3,479 /Mo

      Move-In Ready End-Unit Office

      Prime office space suitable for educational or medical use.
      14631 Rte 29, Centreville, VA 20121
      View Details
    • $25 SF/Yr
      1,181 SF

      Inviting Entry-Level Office Space

      Spacious office with natural light, convenient location, and signage.
      6134-6138 Redwood Square Ctr, Centreville, VA 20121
      View Details
    • Contact for pricing
      969 SF

      Centreville Office Space Available

      969 SF office space for rent in Centreville, VA.
      13890 Braddock Rd, Centreville, VA 20121
      View Details
    • $1,950 /Mo

      Move-in Ready Office Condo

      Modern office condo with excellent connectivity and healthcare-ready features.
      14637 Lee Hwy, Centreville, VA 20121
      View Details
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    Centreville, VA 20121-5324
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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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