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Property profile & analytics
OFF-MARKET
Estimated value
$8,875,000
Motels
6868 Springfield Blvd Springfield, VA 22150-2705
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0624694
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1981
Construction
CONCRETE BLOCKS
Total area
73,968 SF
Lot
2.08 ac (90,406 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
080-4-01-0020-A
UPID
US87-0624694
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
-
Motel 6 Springfield, VA - Washington DC Southwest Hotel & Motel
-
Studio 6 Springfield, VA – Washington DC Southwest Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.94M
Blend (final)
Blend
$8.88M
Owner & transaction history
G6 Hospitality Property LLC · 13 yrs held
G6 Hospitality Property LLC
since 2013
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Springfield, 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 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
$8,560,000
ML approach
$10,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,875,000
Current use
Blend value · Realmo final
$8.88M
Range $7.99M – $9.76M · ±10% · vs last sale $9.00M (Oct 1 2020)
Last sale anchor
$9.00M
Oct 1 2020
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
$120 / 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
$88,331
Tax year 2024
Assessed value
$6,882,010
Assessed 2024
Previous assessed
$5,620,610
+22.4% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,570,000
Assessed improvement
$3,312,010
Land market value
$3,570,000
Improvement market value
$3,312,010
Total market value
$6,882,010
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1981
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
4
Rooms
200
Total area
73,968 SF
Lot
2.08 ac (90,406 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
080-4-01-0020-A
UPID
US87-0624694
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Springfield, VA
Zoning C-6(COMMUNITY RETAIL) · permitted uses
C-6(COMMUNITY RETAIL) · 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
HOTEL/MOTEL Current
Est. value
$12.9M
HOTEL/MOTEL Current
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
1981
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
4
Rooms
200
Lot
2.08 ac
Current owner
From public records · entity-resolved
G6 Hospitality Property LLC
Entity
Mailing address
9130 GUILFORD RDA, COLUMBIA, MD 21046-1803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Sep 27, 2023
—
Springfield Lodging LLC
—
Deed
related
$20,000 · Apple FCU
Oct 1, 2020
—
Springfield Lodging LLC
—
Deed
related
$5,000,000 · Mint Nat'l Bk
Oct 10, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$804,000,000 · Jp Morgan Chase Bk
Aug 14, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Deutsche Bk Ag/ny Branch
Jan 4, 2013
$10,313,671
G6 Hospitality Property LLC
Fourth Berkshire Properties
Warranty Deed
$105,000,000 · Jpmorgan Chase Bank NA
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · Jp Morgan Chase Bk
—
—
Springfield Lodging LLC
—
Deed Of Trust
related
$5,000,000 · Mint Nat'l 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.
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