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Property profile & analytics
OFF-MARKET
Estimated value
$21,760,000
Warehouses
6608 Electronic Dr Springfield, VA 22151-4301
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1063859
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1960
Construction
CONCRETE BLOCKS
Total area
93,716 SF
Lot
3.77 ac (164,261 SF)
Zoning code
I-6(INDUSTRIAL HEAVY)
APN
080-2-01-0034-D
UPID
US87-1063859
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.98M
Blend (final)
Blend
$21.76M
Owner & transaction history
Pool 5 Industrial Va LLC · 4 yrs held
Pool 5 Industrial Va LLC
since 2021
Last sale
$23.0M
7 recorded transactions
Zoning & alternative use
I-6(INDUSTRIAL HEAVY) · Springfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$34.6M
+40.1%
Industrial (general)
$31.9M
+29.3%
Auto repair, garage
$31.3M
+26.9%
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$22,150,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$24,660,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$34,550,000
Change: +40% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$31,875,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$31,290,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$30,670,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$21.76M
Range $19.58M – $23.94M · ±10% · vs last sale $22.95M (Dec 6 2021)
Last sale anchor
$22.95M
Dec 6 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
$232 / 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
$130,879
Tax year 2024
Assessed value
$10,197,060
Assessed 2024
Previous assessed
$10,783,990
-5.4% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,285,220
Assessed improvement
$6,911,840
Land market value
$3,285,220
Improvement market value
$6,911,840
Total market value
$10,197,060
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
CONCRETE BLOCKS
Heating
OTHER
Stories
1
Total area
93,716 SF
Lot
3.77 ac (164,261 SF)
Zoning code
I-6(INDUSTRIAL HEAVY)
APN
080-2-01-0034-D
UPID
US87-1063859
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-6(INDUSTRIAL HEAVY) · Springfield, VA
Zoning I-6(INDUSTRIAL HEAVY) · permitted uses
I-6(INDUSTRIAL HEAVY) · Springfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$24.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$34.6M
INDUSTRIAL (GENERAL)
Est. value
$31.9M
AUTO REPAIR, GARAGE
Est. value
$31.3M
OFFICE BUILDING
Est. value
$30.7M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1960
Construction
CONCRETE BLOCKS
Heating
OTHER
Stories
1
Lot
3.77 ac
Current owner
From public records · entity-resolved
Pool 5 Industrial Va LLC
Entity
Mailing address
100 W MATSONFORD RD #250, RADNOR, PA 19087-4558
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$22,953,890
Pool 5 Industrial Va LLC
Exeter 6608 Electronic LLC
Deed
$531,000,000 · New York Life Insurance Company
Jan 13, 2021
—
Exeter 6608 Electronic LLC
—
Deed
related
$195,530,000 · Wells Fargo Bk
Feb 19, 2020
—
Exeter 6608 Electronic LLC
—
Deed
related
$179,270,000 · Wells Fargo Bk
Feb 5, 2020
$12,025,000
6608 Electronic LLC
Fortified Electronic LLC
Grant Deed
—
Jan 16, 2019
$8,100,000
Fortified Electronic LLC
Robinson Terminal Warehouse Ll
Grant Deed
$7,525,000 · Miscellaneous Ins Co
—
—
Exeter 6608 Electronic LLC
—
Deed Of Trust
related
$179,270,000 · Wells Fargo Bk
—
—
Exeter 6608 Electronic LLC
—
Loan Modification
related
$195,530,000 · Wells Fargo Bk
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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