Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Office Spaces
6283 Franconia Rd 10 Alexandria, VA 22310-2510
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0639036
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1981
Construction
CONCRETE BLOCKS
Total area
3,286 SF
Zoning code
C-2(LIMITED OFFICE)
APN
081-3-24-0010
UPID
US87-0639036
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
-
Engels Chamorro: Allstate Insurance Insurance Agency
-
Chief Executive Sedan & Limo Service Freight Service Logistics Company
-
World Class Workforce LLC Employment Agency
-
QQ 2 Spa | Asian Massage Alternative Medicine Practice Spa & Massage Center
-
New Life Spa - Franconia/Springfield/Alexandria - Virginia Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$785k
Owner & transaction history
Franconia Road LLC · 2 yrs held
Franconia Road LLC
since 2024
4 recorded transactions
Zoning & alternative use
C-2(LIMITED OFFICE) · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+54.6%
Warehouse, storage
$1.1M
+42.3%
Auto repair, garage
$1.1M
+40.0%
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%
$780,000
6.5%
$720,000
7%
$670,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$785,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,210,000
Change: +55% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,115,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,095,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$239 / 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
$9,490
Tax year 2024
Assessed value
$739,350
Assessed 2024
Previous assessed
$739,350
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$147,870
Assessed improvement
$591,480
Land market value
$147,870
Improvement market value
$591,480
Total market value
$739,350
Applied tax rate
4.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1981
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
YES
Stories
2
Bathrooms
1
Total area
3,286 SF
Zoning code
C-2(LIMITED OFFICE)
APN
081-3-24-0010
UPID
US87-0639036
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-2(LIMITED OFFICE) · Alexandria, VAZoning C-2(LIMITED OFFICE) · permitted uses
C-2(LIMITED OFFICE) · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$785,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE BLOCKS
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
1
Current owner
From public records · entity-resolved
Franconia Road LLC
Entity
Free & Clear · 2 yrs held
Mailing address
13510 E BOUNDARY RD STE #201, MIDLOTHIAN, VA 23112-4057
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
Jan 9, 2024
—
Franconia Road LLC
William J Borowy
Deed
—
Oct 3, 2022
$780,000
William J Borowy
6283f Franconia Road LLC
Deed
$273,500 · Fvcbank
Jan 31, 2017
—
6283 F Franconia Road LLC
Christofi,constantis
Grant Deed
related
—
Jan 27, 2012
$485,000
Constantis Christofi
Franconia Realty Associates
Grant Deed
$388,000 · Branch Banking & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6283 Franconia Rd, Unit 10?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
