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Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Automotive properties
632 Grant St Herndon, VA 20170-4702
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1132256
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1987
Construction
STEEL FRAME
Total area
15,780 SF
Lot
0.84 ac (36,397 SF)
Zoning code
CS(COMM SERVICES DISTRICT
APN
016-2-02-0212-C
UPID
US87-1132256
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
-
Flagship Carwash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.92M
Blend (final)
Blend
$3.03M
Owner & transaction history
Herndon Propco LLC · 4 yrs held
Herndon Propco LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
CS(COMM SERVICES DISTRICT · Herndon, 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 Herndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Herndon 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
$3,040,000
ML approach
$3,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,630,000
Change: -12% · Conversion: Easy
OFFICE BUILDING
$4,425,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.73M – $3.33M · ±10% · vs last sale $3.00M (Aug 23 2021)
Last sale anchor
$3.00M
Aug 23 2021
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
$192 / 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
$48,330
Tax year 2024
Assessed value
$3,131,180
Assessed 2024
Previous assessed
$3,153,250
-0.7% YoY
Effective rate
1.54%
On assessed value
Assessed land
$837,130
Assessed improvement
$2,294,050
Land market value
$837,130
Improvement market value
$2,294,050
Total market value
$3,131,180
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
15,780 SF
Lot
0.84 ac (36,397 SF)
Zoning code
CS(COMM SERVICES DISTRICT
APN
016-2-02-0212-C
UPID
US87-1132256
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CS(COMM SERVICES DISTRICT · Herndon, VA
Zoning CS(COMM SERVICES DISTRICT · permitted uses
CS(COMM SERVICES DISTRICT · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Herndon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$4.6M
OFFICE BUILDING
Est. value
$4.4M
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1987
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Herndon Propco LLC
Entity
Mailing address
540 MAPLE AVE W, VIENNA, VA 22180-4225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2021
—
Herndon Propco LLC
Herndon Car Wash LLC
Intrafamily Transfer
related
—
Apr 12, 2018
—
Herndon Car Wash LLC
—
Deed
related
$5,000,000 · Sandy Spring Bk
Mar 2, 2011
—
Car Wash Holdings LLC
Paolozzi Investments INC
Grant Deed
related
—
Sep 8, 2009
—
Paolozzi Investments INC
—
Grant Deed
related
$5,632,000 · Branch Banking & Trust Co
Jan 14, 2008
$3,000,000
Paolozzi Investments INC
Srb Properties LLC
Grant Deed
$3,000,000 · Wachovia Bank NA
Feb 16, 2006
$2,750,000
Srb Properties LLC
Mnm Realty LLC
Deed Of Trust
related
$2,200,000 · United Bank
Nov 17, 2004
$2,201,000
Mnm Realty LLC
Fitness Resource INC
Grant Deed
$1,870,000 · First Horizon Bank
—
—
Paolozzi Investments INC
—
Deed Of Trust
related
$57,264 · Branch Banking & Trust Co
—
—
Herndon Car Wash LLC
—
Deed Of Trust
related
$5,000,000 · Sandy Spring Bk
—
—
Car Wash Holdings LLC
—
Deed Of Trust
related
$2,000,000 · Business Finance Group INC
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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