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Property profile & analytics
OFF-MARKET
Turn key restaurants
701 Elden St Herndon, VA 20170-4635
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0609726
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1970
Construction
CONCRETE BLOCKS
Total area
2,083 SF
Lot
0.33 ac (14,263 SF)
Zoning code
CS(COMM SERVICES DISTRICT
APN
016-2-02-0196
UPID
US87-0609726
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
-
Washer Repair Herndon Home Appliance Store
-
Anita's New Mexico Style Mexican Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tellez Vienna East LLC|tellez Fairfax LLC Etal · 11 yrs held
Tellez Vienna East LLC|tellez Fairfax LLC Etal
since 2014
4 recorded transactions
Zoning & alternative use
CS(COMM SERVICES DISTRICT · Herndon, 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 Herndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Herndon 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
—
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
$12,473
Tax year 2024
Assessed value
$808,070
Assessed 2024
Previous assessed
$777,100
+4.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$456,420
Assessed improvement
$351,650
Land market value
$456,420
Improvement market value
$351,650
Total market value
$808,070
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1970
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,083 SF
Lot
0.33 ac (14,263 SF)
Zoning code
CS(COMM SERVICES DISTRICT
APN
016-2-02-0196
UPID
US87-0609726
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CS(COMM SERVICES DISTRICT · Herndon, VA
Zoning CS(COMM SERVICES DISTRICT · permitted uses
CS(COMM SERVICES DISTRICT · Herndon, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Herndon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Tellez Vienna East LLC|tellez Fairfax LLC Etal
Entity
Mailing address
521 MAPLE AVE E #201, VIENNA, VA 22180-4713
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2014
—
Tellez Vienna East LLC|tellez Fairfax LLC Etal
—
Loan Modification
related
$6,159,125 · Td Bk NA
May 14, 2013
—
Tellez Vienna East LLC
—
Loan Modification
related
$6,159,125 · Td Bank NA
Sep 25, 2009
—
Tellez Herndon LLC
—
Deed Of Trust
related
$5,370,000 · Td Bk NA
—
—
Tellez Herndon LLC
—
Deed Of Trust
related
$652,337 · Wachovia Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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