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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Turn key restaurants
7405 Richmond Hwy Alexandria, VA 22306-2302
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US87-1324010
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Construction
CONCRETE BLOCKS
Total area
11,820 SF
Lot
1.69 ac (73,677 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
092-4-01-0091
UPID
US87-1324010
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
-
Green Olive Buffet Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$860k
Owner & transaction history
Richmond Hwy Realty INC · 13 yrs held
Richmond Hwy Realty INC
since 2013
7 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · 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
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$73 / 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
$35,333
Tax year 2024
Assessed value
$2,752,860
Assessed 2024
Previous assessed
$2,547,450
+8.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,317,520
Assessed improvement
$1,435,340
Land market value
$1,317,520
Improvement market value
$1,435,340
Total market value
$2,752,860
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
2
Total area
11,820 SF
Lot
1.69 ac (73,677 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
092-4-01-0091
UPID
US87-1324010
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Alexandria, VAZoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.69 ac
Current owner
From public records · entity-resolved
Richmond Hwy Realty INC
Entity
Mailing address
7405 RICHMOND HWY, ALEXANDRIA, VA 22306-2302
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2013
$4,000,000
Richmond Hwy Realty INC
A-w Corp Of Fairfax INC
Grant Deed
$1,110,000 · Zions First National Bank
Jan 18, 2007
—
A-w Corp Of Fairfax INC
—
Trustees Deed
related
$140,000 · Patco Lending LLC
—
—
Richmond Hwy Realty INC
—
Deed Of Trust
related
$915,000 · Us Small Business Admn
—
—
A-w Corp Of Fairfax INC
—
Deed Of Trust
related
$2,763,800 · Eagle Bank
—
—
A-w Corp Of Fairfax INC
—
Deed Of Trust
related
$80,000 · Tramonte Yeonas Roberts & Mart
—
—
A-w Corp Of Fairfax INC
—
Deed Of Trust
related
$2,875,093 · Eagle Bank
—
—
A-w Corp Of Fairfax INC
—
Deed Of Trust
related
$2,986,404 · Eagle Bank
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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