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Property profile & analytics
OFF-MARKET
Estimated value
$29,415,000
Warehouses
7351 Lockport Pl Lorton, VA 22079-1571
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-1987454
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1981
Construction
CONCRETE BLOCKS
Total area
170,998 SF
Lot
9.1 ac (396,527 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
108-1-01-0001-G
UPID
US87-1987454
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
-
Harmony Ponds Inc Hardware & Home Improvement Landscaping
-
CnC Nail Products LLC Big Box & Wholesale Store Cosmetic Store
-
Surgical Design, Inc. Distribution Center Logistics Company
-
Erva Stone , Granite and Quartz Countertops Hardware & Home Improvement Kitchen & Bath Showroom
-
NOVA Tax & Accounting Services, LLC Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.66M
Comparable Approach
Comparable
$40.89M
Blend (final)
Blend
$29.42M
Owner & transaction history
B9 Sequoia Nvip Owner LLC · 3 yrs held
B9 Sequoia Nvip Owner LLC
since 2022
6 recorded transactions
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Lorton, 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 Lorton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lorton 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%
$32,125,000
6.5%
$29,655,000
7%
$27,535,000
Blend value · Realmo final
$29.42M
Range $26.47M – $32.36M · ±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
$172 / 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
$286,026
Tax year 2024
Assessed value
$22,284,870
Assessed 2024
Previous assessed
$22,894,190
-2.7% YoY
Effective rate
1.28%
On assessed value
Assessed land
$4,361,800
Assessed improvement
$17,923,070
Land market value
$4,361,800
Improvement market value
$17,923,070
Total market value
$22,284,870
Applied tax rate
6.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1981
Construction
CONCRETE BLOCKS
Heating
STOVE
Stories
1
Total area
170,998 SF
Lot
9.1 ac (396,527 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
108-1-01-0001-G
UPID
US87-1987454
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Lorton, VA
Zoning I-4(INDUST MEDIUM INTENSI · permitted uses
I-4(INDUST MEDIUM INTENSI · Lorton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lorton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE BLOCKS
Heating
STOVE
Stories
1
Lot
9.1 ac
Current owner
From public records · entity-resolved
B9 Sequoia Nvip Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 2980, CHICAGO, IL 60690-2980
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
—
B9 Sequoia Fullerton Owner LLC
—
Deed
related
$273,362,000 · Bank Of America NA
Jul 22, 2022
—
B9 Sequoia Nvip Owner LLC
Ps Business Parks LP
Special Warranty Deed
—
Jun 11, 2018
$143,309,000
Ps Bussiness Parks LP
Fullerton Industrail 7664-7668
Grant Deed
—
Nov 4, 2015
$86,500,000
Nvip LLC
Ap Adler Nvip LLC
Trustees Deed
related
$63,000,000 · Wells Fargo Bk
Nov 3, 2011
—
Ap Adler Nvip LLC
—
Deed Of Trust
related
$188,138,462 · Key Bank & Trust
Oct 5, 2011
$44,541,188
Ap Adler Nvip LLC
Writ-nvip LLC
Grant Deed
—
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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