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    Property profile & analytics

    7240 Heritage Vlg Plz Ste, Unit 101 Gainesville, VA 20155-3056

    • Office Properties & Spaces
    • 913 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $625,000
    Last Sale
    Jan 16, 2020
    $711,270
    Location Intelligence
    Property ID
    US87-1148752
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 7240 Heritage Vlg Plz Ste

    Year built
    2005
    Lot size
    0.02 lot acres
    Property size
    913 SF
    Zone code
    PLANNED BUS DIST
    Property type
    Office Properties & Spaces
    APN
    7397-86-3891.02
    APU
    739786389102

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $740,000
      7%
      $615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $750,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $710,000
      Retail
      $785,000
      Mixed-Use
      $630,000
      Hospitality
      $785,000
      Educational
      $665,000
      Residential Income
      $600,000
      Energy
      $595,000
      Income-Based Land
      $715,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Prince William
    State
    Virginia
    Longitude
    -77.6036
    Latitude
    38.8035
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,613
    $36,400
    $214,700
    $251,100
    -
    $36,400
    $214,700
    $251,100

    Comparable in this City

    • Value Estimation by Request
      960 SF

      14091 Store Ln

      Office Properties & Spaces • 960 SF
      14091 Store Ln, Gainesville, VA 20155
      View Details
    • Value Estimation
      $405,000
      1,083 SF

      7450 Heritage Vlg Plz, Unit 201

      CONDOMINIUM OFFICES • 1,083 SF
      7450 Heritage Vlg Plz, Gainesville, VA 20155-3091
      View Details
    • Value Estimation
      $405,000
      1,176 SF

      7120 Heritage Vlg Plz7120-102

      CONDOMINIUM OFFICES • 1,176 SF
      7120 Heritage Vlg Plz7120-102, Gainesville, VA 20155-3067
      View Details
    • Value Estimation
      $1,430,000
      1,719 SF

      14535 John Marshall Hwy, Unit 5

      CONDOMINIUM OFFICES • 1,719 SF
      14535 John Marshall Hwy, Gainesville, VA 20155-4023
      View Details
    • Value Estimation
      $305,000
      1,087 SF

      7350 Heritage Vlg Plz, Unit 101

      CONDOMINIUM OFFICES • 1,087 SF
      7350 Heritage Vlg Plz, Gainesville, VA 20155-3085
      View Details
    • Value Estimation
      $300,000
      1,193 SF

      7350 Heritage Vlg Plz, Unit 102

      CONDOMINIUM OFFICES • 1,193 SF
      7350 Heritage Vlg Plz, Gainesville, VA 20155-3085
      View Details

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      Grocery store business and equipment for lease in Gainesville, VA.
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    • Contact for pricing
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      View Details
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    Gainesville, VA 20155-3056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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