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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
708 Pendleton St Alexandria, VA 22314-1819
Individually Owned
3-yr Hold
Free & Clear
Property ID
US87-0870592
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Total area
3,828 SF
Lot
0.1 ac (4,356 SF)
Zoning code
OC - OFFICE COMMERCIAL ZO
APN
11686500
UPID
US87-0870592
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
-
Donahoe Kearney, PLLC Law Firm
-
Jennifer Eckel, LCSW Psychotherapist
-
Hahn & Associates PC Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$753k
Blend (final)
Blend
$670k
Owner & transaction history
Barry D Parks · 3 yrs held
Barry D Parks
since 2023
2 recorded transactions
Zoning & alternative use
OC - OFFICE COMMERCIAL ZO · 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
Method
Estimation
Statistic approach
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$175 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,438
Tax year 2023
Assessed value
$1,390,822
Assessed 2023
Previous assessed
$1,324,593
+5.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$928,524
Assessed improvement
$462,298
Land market value
$928,524
Improvement market value
$462,298
Total market value
$1,390,822
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
Status
Off-Market
Year built
1920
Heating
OTHER
Cooling
OTHER
Stories
3
Total area
3,828 SF
Lot
0.1 ac (4,356 SF)
Zoning code
OC - OFFICE COMMERCIAL ZO
APN
11686500
UPID
US87-0870592
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
OC - OFFICE COMMERCIAL ZO · Alexandria, VA
Zoning OC - OFFICE COMMERCIAL ZO · permitted uses
OC - OFFICE COMMERCIAL ZO · 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
1920
Heating
OTHER
Cooling
Yes
Stories
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Barry D Parks
Individual
Free & Clear · 3 yrs held
Mailing address
2050 JAMIESON AVE APT #1201, ALEXANDRIA, VA 22314-6827
Ownership since
2023
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
Mar 1, 2023
—
Barry D Parks
Roger D Parks
Intrafamily Transfer
related
—
Apr 2, 2015
—
Southard Trust
Southard Thomas N & Amy J
Quit Claim 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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