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Property profile & analytics
OFF-MARKET
Estimated value
$9,355,000
Individual retail properties
6220 Richmond Hwy Alexandria, VA 22303-2438
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-0628972
Property profile
Verified
Property type
Individual retail properties
Use group
APPLIANCE STORE
Year built
1959
Construction
CONCRETE BLOCKS
Total area
40,731 SF
Lot
2.51 ac (109,528 SF)
Zoning code
PLANNED RES MIXED USE
APN
083-3-01-0022-C
UPID
US87-0628972
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
-
Goodwill of Greater Washington Retail Store Discount Store
-
Alexandria Heating & Air Conditioning HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.57M
Blend (final)
Blend
$9.36M
Owner & transaction history
RICHMOND HIGHWAY LLC
RICHMOND HIGHWAY LLC
Zoning & alternative use
PLANNED RES MIXED USE · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.36M
Range $8.42M – $10.29M · ±10%
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
$230 / 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
$88,057
Tax year 2024
Assessed value
$6,860,690
Assessed 2024
Previous assessed
$6,576,060
+4.3% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,300,090
Assessed improvement
$4,560,600
Land market value
$2,300,090
Improvement market value
$4,560,600
Total market value
$6,860,690
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
Individual retail properties
Use group
APPLIANCE STORE
Status
Off-Market
Year built
1959
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
2
Total area
40,731 SF
Lot
2.51 ac (109,528 SF)
Zoning code
PLANNED RES MIXED USE
APN
083-3-01-0022-C
UPID
US87-0628972
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PLANNED RES MIXED USE · Alexandria, VA
Zoning PLANNED RES MIXED USE · permitted uses
PLANNED RES MIXED USE · 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
1959
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.51 ac
Current owner
From public records · entity-resolved
RICHMOND HIGHWAY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11350 RANDOM HLS RD STE #720, FAIRFAX, VA 22030-6044
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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