Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6256 Old Dominion Dr Mclean, VA 22101-4217

    • Strip malls
    • 9,330 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimations
    $2,980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-1225961
    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

    • Strip malls

    Property Details for 6256 Old Dominion Dr

    Construction
    CONCRETE BLOCKS
    Lot size
    0.81 lot acres
    Property size
    9,330 SF
    Zone code
    C-5(NEIGHBORHOOD RETAIL)
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    031-3-01-0116-A
    APU
    0313010116A

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,440,000
      Current use
      COMMERCIAL (GENERAL)
      $4,240,000
      Change: +23% Conversion: Easy
      OFFICE BUILDING
      $3,675,000
      Change: +7% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $3,175,000
      Change: -8% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,115,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Mclean
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.1523
    Latitude
    38.9211
    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
    $77,779
    $1,597,190
    $4,356,080
    $5,953,270
    -
    $1,597,190
    $4,356,080
    $5,953,270

    Comparable in this City

    • Value Estimation by Request
      3,900 SF

      1355 Chain Brg Rd

      SHOPPING CENTER, STRIP CENTER • 3,900 SF
      1355 Chain Brg Rd, Mclean, VA 22101-3903
      View Details
    • Value Estimation
      $7,395,000
      24,702 SF

      1307 Old Chain Brg Rd

      SHOPPING CENTER, STRIP CENTER • 24,702 SF
      1307 Old Chain Brg Rd, Mclean, VA 22101-3908
      View Details
    • Value Estimation
      $1,910,000
      2,820 SF

      6263 Old Dominion Dr

      SHOPPING CENTER, STRIP CENTER • 2,820 SF
      6263 Old Dominion Dr, Mclean, VA 22101-4821
      View Details
    • Value Estimation
      $9,630,000
      36,757 SF

      1330th Chain Brg Rd

      SHOPPING CENTER, STRIP CENTER • 36,757 SF
      1330th Chain Brg Rd, Mclean, VA 22101-3901
      View Details
    • Value Estimation
      $32,245,000
      0.03 Acres

      Mclean, VA 22101

      SHOPPING CENTER, STRIP CENTER • 0.03 Acres
      Mclean, VA 22101
      View Details
    • Value Estimation
      $790,000
      4,861 SF

      6808 Elm St

      SHOPPING CENTER, STRIP CENTER • 4,861 SF
      6808 Elm St, Mclean, VA 22101-3818
      View Details

    Similar Nearby for Sale

    • $1,299,000
      2,200 SF

      McLean Mixed-Use Investment Opportunity

      Prime Corner Location, High NOI
      6716 Whittier Ave, Mclean, VA 22101
      View Details
    • $4,500,000

      Commercial Property on Elm Street

      Commercial property for sale on Elm Street in McLean, VA.
      6911 Elm St, Mc Lean, VA 22101
      View Details
    • $6,000,000

      Specialty Property for Sale

      Specialty property available for purchase.
      1112 Balls Hill Rd, Mc Lean, VA 22101
      View Details
    • $3,500,000

      Bayside Court Specialty Property

      Specialty property available for sale in McLean, Virginia.
      7205 Bayside Ct, Mc Lean, VA 22101
      View Details
    • $1,700,000
      0.63 Acres

      Rare McLean Lot For Sale

      0.63-acre north-facing lot in McLean, build your dream estate.
      6429 Divine St, Mc Lean, VA 22101
      View Details
    • $4,500,000
      Pending

      McLean Specialty Property for Sale

      Specialty property available in McLean, Virginia.
      1316 Calder Rd, Mc Lean, VA 22101
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,975 SF

      Retail Space in Chesterbrook, McLean

      Retail space for lease in affluent Chesterbrook neighborhood, McLean, VA.
      6214-6244 Old Dominion Dr, Mc Lean, VA 22101
      View Details
    • Contact for pricing

      Retail Space in McLean, VA

      Retail space for lease in McLean, Virginia.
      1350 Beverly Rd, Mc Lean, VA 22101
      View Details
    • $2,150 /Mo

      Remodeled McLean Office Space Available

      Remodeled office space in McLean, near Tysons Corner.
      6888 Elm St, Mc Lean, VA 22101
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in McLean, VA

      Retail space available for rent in McLean, Virginia.
      1375 Beverly Rd, Mc Lean, VA 22101
      View Details
    • Contact for pricing

      Retail Space in McLean, Virginia

      Retail space available in the heart of McLean, Virginia.
      1398 Chain Bridge Rd, Mc Lean, VA 22101
      View Details
    • $750 /Mo

      McLean Office Space For Rent

      Three-level brick building with retail and office spaces available.
      6728 Curran St, Mc Lean, VA 22101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6256 Old Dominion Dr
    Mclean, VA 22101-4217
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!