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Property profile & analytics
OFF-MARKET
Estimated value
$5,190,000
Community centers
6328 Richmond Hwy Alexandria, VA 22306-6408
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1261818
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1961
Construction
CONCRETE BLOCKS
Total area
17,622 SF
Lot
1.07 ac (46,770 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
083-3-05-01-0008
UPID
US87-1261818
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
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Wingstop Restaurant
-
Vu Nguyen, DDS Dental Office
-
Keehong Kwon, DDS Dental Office
-
Torch Salon Gallery Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.19M
Owner & transaction history
Jcr Krispy Korner Investors LLC · 8 yrs held
Jcr Krispy Korner Investors LLC
since 2018
5 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,495,000
Current use
INDUSTRIAL (GENERAL)
$5,995,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,980,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,885,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$5.19M
Range $4.67M – $5.71M · ±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
$295 / 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
$81,785
Tax year 2024
Assessed value
$6,372,040
Assessed 2024
Previous assessed
$6,364,350
+0.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$982,170
Assessed improvement
$5,389,870
Land market value
$982,170
Improvement market value
$5,389,870
Total market value
$6,372,040
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1961
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
YES
Stories
1
Bathrooms
0
Total area
17,622 SF
Lot
1.07 ac (46,770 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
083-3-05-01-0008
UPID
US87-1261818
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Alexandria, VA
Zoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.5M
INDUSTRIAL (GENERAL)
Est. value
$6.0M
WAREHOUSE, STORAGE
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
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
1961
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.07 ac
Current owner
From public records · entity-resolved
Jcr Krispy Korner Investors LLC
Entity
Mailing address
1055 THOMAS JEFFERSON ST NW STE L09, WASHINGTON, DC 20007-5221
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2018
$6,742,200
Jcr Krispy Korner Investors LLC
Krispy Korner LLC
Special Warranty Deed
$4,200,000 · Hingham Institution For Savings
Jun 21, 2004
—
Krispy Korner LLC
—
Deed Of Trust
related
$2,000,000 · Provident Bank INC
May 7, 2004
$932,146
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Krispy Korner LLC
—
Deed Of Trust
related
$4,000,000 · Burke & Herbert Bk&tr
—
—
Krispy Korner LLC
—
Deed Of Trust
related
$3,175,000 · Morgan Stanley Mtg Capital 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.
Try Rey
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