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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office buildings
7219 Rte 29 Falls Church, VA 22046-3706
Entity Owned
10-yr Hold
Property ID
US87-0187456
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Construction
FRAME
Total area
2,618 SF
Lot
0.16 ac (6,815 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
050-2-05-0043
UPID
US87-0187456
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$735k
Blend (final)
Blend
$700k
Owner & transaction history
Sarek Ents LLC · 10 yrs held
Sarek Ents LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Falls Church, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$965,000
+36.2%
Auto repair, garage
$875,000
+23.4%
Commercial (general)
$875,000
+23.2%
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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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%
$880,000
6.5%
$815,000
7%
$755,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$710,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: +23% · Conversion: Easy
WAREHOUSE, STORAGE
$770,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$267 / 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
$10,562
Tax year 2024
Assessed value
$810,900
Assessed 2024
Previous assessed
$780,000
+4.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$323,710
Assessed improvement
$487,190
Land market value
$323,710
Improvement market value
$487,190
Total market value
$810,900
Applied tax rate
7.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
HOT WATER
Stories
2
Rooms
9
Bathrooms
2
Total area
2,618 SF
Lot
0.16 ac (6,815 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
050-2-05-0043
UPID
US87-0187456
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Falls Church, VA
Zoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$710,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$875,000
WAREHOUSE, STORAGE
Est. value
$770,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1925
Construction
FRAME
Heating
HOT WATER
Stories
2
Rooms
9
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Sarek Ents LLC
Entity
Mailing address
PO BOX 789, ANNAPOLIS, MD 21404-0789
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2017
—
Sarek Ents LLC
—
Deed
related
$425,000 · Jeffrey & Melanie Dunaway
Jun 30, 2016
$975,000
Sarek Ents LLC
Leeway LLC
Grant Deed
$475,000 · Leeway LLC
Jul 8, 2013
$600,000
Leeway LLC
Boros,patricia J
Grant Deed
$125,000 · Michael S Boros
Aug 3, 2012
—
Patricia J Boros
—
Trustees Deed
related
$50,000 · Clifford D Dewey
Feb 14, 2011
—
Patricia J Boros
—
Trustees Deed
related
$25,000 · Clifford D Dewey
—
—
Patricia J Boros
—
Deed Of Trust
related
$100,000 · Cliff D Dewey
—
—
Patricia J Boros
—
Deed Of Trust
related
$260,000 · G2 Partners Capital INC
—
—
Sarek Ents LLC
—
Deed Of Trust
related
$425,000 · Jeffrey & Melanie Dunaway
—
—
Patricia J Boros
—
Deed Of Trust
related
$150,000 · Theodore J & Geraldine E Scheve
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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