Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$22,335,000
Warehouses
7406 Lockport Pl Lorton, VA 22079-1576
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-1997872
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
127,585 SF
Lot
6.75 ac (293,873 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
108-1-01-0001-M
UPID
US87-1997872
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
-
ITC INTERNATIONAL TRADING, INC. (Bike/Boat/Book/etc) Store Cosmetic Store
-
Flooring Experts General Contractor Renovation Specialist
-
Spa 4 Your Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.13M
Comparable Approach
Comparable
$13.56M
Blend (final)
Blend
$22.34M
Owner & transaction history
B9 Sequoia Nvip Owner LLC · 4 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%
$23,970,000
6.5%
$22,125,000
7%
$20,545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$36,815,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$22.34M
Range $20.10M – $24.57M · ±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 2024Property tax & assessments
Tax year 2024
Tax billed
$219,104
Tax year 2024
Assessed value
$17,070,800
Assessed 2024
Previous assessed
$17,430,840
-2.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,863,390
Assessed improvement
$14,207,410
Land market value
$2,863,390
Improvement market value
$14,207,410
Total market value
$17,070,800
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
Heating
NONE
Stories
1
Total area
127,585 SF
Lot
6.75 ac (293,873 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
108-1-01-0001-M
UPID
US87-1997872
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Lorton, VAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$36.8M
OFFICE BUILDING
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
Heating
NONE
Stories
1
Lot
6.75 ac
Current owner
From public records · entity-resolved
B9 Sequoia Nvip Owner LLC
Entity
Free & Clear · 4 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 The Mile Owner LLC
—
Deed
related
$447,493,594 · 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
Sep 8, 2011
$19,508,918
Ap Adler Nvip LLC
Washington R/e Inv Trust
Grant Deed
$114,811,125 · Key Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7406 Lockport Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
