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Property profile & analytics
OFF-MARKET
Estimated value
$7,325,000
Community centers
6700 Richmond Hwy Alexandria, VA 22306-6701
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0825812
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1975
Total area
384,951 SF
Lot
32.28 ac (1,406,229 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
093-1-01-0001-A
UPID
US87-0825812
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
-
Beacon Center Shopping Center & Mall
-
After School Karate Sports School
-
Party Depot Balloons Party Supply Store
-
Marshalls Men'S Clothing Store Swimwear Store
-
American Family Centers - Karate Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.33M
Owner & transaction history
Shenan Reid Riddick Foundation · 9 yrs held
Shenan Reid Riddick Foundation
since 2016
7 recorded transactions
Zoning & alternative use
C-6(COMMUNITY RETAIL) · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$19 / 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
$934,078
Tax year 2024
Assessed value
$72,775,840
Assessed 2024
Previous assessed
$71,900,310
+1.2% YoY
Effective rate
1.28%
On assessed value
Assessed land
$17,777,890
Assessed improvement
$54,997,950
Land market value
$17,777,890
Improvement market value
$54,997,950
Total market value
$72,775,840
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
1975
Heating
NONE
Stories
1
Total area
384,951 SF
Lot
32.28 ac (1,406,229 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
093-1-01-0001-A
UPID
US87-0825812
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Alexandria, VA
Zoning C-6(COMMUNITY RETAIL) · permitted uses
C-6(COMMUNITY RETAIL) · 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.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
1
Lot
32.28 ac
Current owner
From public records · entity-resolved
Shenan Reid Riddick Foundation
Individual
Free & Clear · 9 yrs held
Mailing address
7501 WISCONSIN AVE STE 1500E, BETHESDA, MD 20814-6522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
—
Beacon Center LLC
—
Deed
related
$143,000,000 · Prudential Insurance Of America
Sep 7, 2022
—
Beacon Center LLC
—
Deed
related
—
Nov 17, 2016
—
Beacon Center LLC
—
Deed
related
$46,250,000 · Miscellaneous Ins Co
Nov 15, 2016
—
Shenan Reid Riddick Foundation
Reid John H Living Trust
Quit Claim Deed
related
—
Nov 15, 2016
$22,500,000
Beacon Center LLC
Beacon Reid Kohn LLC
Grant Deed
related
—
May 29, 2013
—
Beacon Center LLC
—
Deed Of Trust
related
$35,000,000 · Miscellaneous Ins Co
Dec 2, 2011
—
Beacon Reid Kohn LLC
Kohn,carolyn R
Quit Claim Deed
related
—
—
—
Beacon Center LLC
—
Loan Modification
related
$46,250,000 · 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.
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