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Property profile & analytics
OFF-MARKET
Estimated value
$7,470,000
Community centers
6623 Old Dominion Dr Mclean, VA 22101-4516
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0713657
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1974
Construction
BRICK
Total area
30,221 SF
Lot
1.46 ac (63,641 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
030-4-04-B-0040
UPID
US87-0713657
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
-
Orangetheory Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.75M
Blend (final)
Blend
$7.47M
Owner & transaction history
Mclean Square Associates LLC · 11 yrs held
Mclean Square Associates LLC
since 2014
1 recorded transaction
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Mclean, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.9M
+6.9%
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 Mclean submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mclean 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
$11,140,000
Current use
OFFICE BUILDING
$11,905,000
Change: +7% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$10,280,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,090,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$7.47M
Range $6.72M – $8.22M · ±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
$247 / 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
$139,935
Tax year 2024
Assessed value
$10,710,700
Assessed 2024
Previous assessed
$9,638,690
+11.1% YoY
Effective rate
1.31%
On assessed value
Assessed land
$3,372,970
Assessed improvement
$7,337,730
Land market value
$3,372,970
Improvement market value
$7,337,730
Total market value
$10,710,700
Applied tax rate
2.0000
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
1974
Construction
BRICK
Heating
OTHER
Cooling
YES
Stories
2
Rooms
20
Total area
30,221 SF
Lot
1.46 ac (63,641 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
030-4-04-B-0040
UPID
US87-0713657
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Mclean, VAZoning C-6(COMMUNITY RETAIL) · permitted uses
C-6(COMMUNITY RETAIL) · Mclean, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$11.1M
OFFICE BUILDING
Est. value
$11.9M
INDUSTRIAL (GENERAL)
Est. value
$10.3M
AUTO REPAIR, GARAGE
Est. value
$10.1M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1974
Construction
BRICK
Heating
OTHER
Cooling
Yes
Stories
2
Rooms
20
Lot
1.46 ac
Current owner
From public records · entity-resolved
Mclean Square Associates LLC
Entity
Mailing address
6643 OLD DOMINION DR #110, MC LEAN, VA 22101-4500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2014
—
Mclean Square Associates LLC
—
Loan Modification
related
$24,800,000 · Miscellaneous Ins 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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