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Property profile & analytics
OFF-MARKET
Estimated value
$485,000
Office Spaces
7003 Backlick Ct 2 Springfield, VA 22151-3944
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0687477
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1978
Construction
BRICK
Total area
1,694 SF
Zoning code
C-2(LIMITED OFFICE)
APN
080-2-10-0002
UPID
US87-0687477
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
-
Lynne N. Clark PC Law Firm
-
Abugida Language And Cultural Center አቡጊዳ የቋንቋና የባህል ተቋም Language School Training Center
-
Green Garden Home Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$485k
Owner & transaction history
Spris Property LP · 4 yrs held
Spris Property LP
since 2022
Last sale
$440,000
2 recorded transactions
Zoning & alternative use
C-2(LIMITED OFFICE) · 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
$485,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$485k
Range $437k – $534k · ±10% · vs last sale $440k (Aug 1 2022)
Last sale anchor
$440k
Aug 1 2022
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
$286 / 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
$5,327
Tax year 2024
Assessed value
$415,030
Assessed 2024
Previous assessed
$415,030
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$83,010
Assessed improvement
$332,020
Land market value
$83,010
Improvement market value
$332,020
Total market value
$415,030
Applied tax rate
3.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1978
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
2
Bathrooms
0
Total area
1,694 SF
Zoning code
C-2(LIMITED OFFICE)
APN
080-2-10-0002
UPID
US87-0687477
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-2(LIMITED OFFICE) · Springfield, VAZoning C-2(LIMITED OFFICE) · permitted uses
C-2(LIMITED OFFICE) · Springfield, 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
1978
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
0
Current owner
From public records · entity-resolved
Spris Property LP
Entity
Mailing address
7003 BACKLICK CT #2, SPRINGFIELD, VA 22151-3944
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2022
$440,000
Spris Property LP
Daniel M Clark SR.
Deed
$346,674 · Trustar Bank
Nov 30, 2021
—
Daniel M Clark SR.
Daniel M Clark
Gift Deed
related
—
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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