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Property profile & analytics
OFF-MARKET
Estimated value
$44,965,000
Office buildings
671 Glebe Rd Arlington, VA 22203-2120
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3727578
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Total area
230,361 SF
Lot
0.65 ac (28,510 SF)
Zoning code
C-O-2.5
APN
14-059-037
UPID
US87-3727578
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
-
BioInformatics Inc Advertising Agency
-
Pretty Pink Mobile Notary Law Firm
-
Esam Abou Nahlah Dental Office Physician
-
IMV Physician
-
Embroidery Punching Production Facility Textile Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$50.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$44.97M
Owner & transaction history
Consortium Ballston LLC · 8 yrs held
Consortium Ballston LLC
since 2017
3 recorded transactions
Zoning & alternative use
C-O-2.5 · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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%
$54,970,000
6.5%
$50,745,000
7%
$47,120,000
Blend value · Realmo final
$44.97M
Range $40.47M – $49.46M · ±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
$195 / 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
$866,719
Tax year 2024
Assessed value
$72,046,500
Assessed 2024
Previous assessed
$81,115,900
-11.2% YoY
Effective rate
1.20%
On assessed value
Assessed land
$14,973,500
Assessed improvement
$57,073,000
Land market value
$14,973,500
Improvement market value
$57,073,000
Total market value
$72,046,500
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1998
Heating
NONE
Total area
230,361 SF
Lot
0.65 ac (28,510 SF)
Zoning code
C-O-2.5
APN
14-059-037
UPID
US87-3727578
Jurisdiction
ARLINGTON
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-O-2.5 · Arlington, VAZoning C-O-2.5 · permitted uses
C-O-2.5 · Arlington, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Lot
0.65 ac
Current owner
From public records · entity-resolved
Consortium Ballston LLC
Entity
Mailing address
3299 K ST NW STE #700, WASHINGTON, DC 20007-4438
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2017
—
Consortium Ballston LLC
—
Grant Deed
related
$56,999,900 · Wells Fargo Bk
—
—
Consortium Ballston LLC
—
Loan Modification
related
$69,000,000 · Jp Morgan Chase Bk
—
—
Consortium Ballston LLC
—
Deed Of Trust
related
$18,750,000 · Ubs Real Estate Securities 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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