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Property profile & analytics
OFF-MARKET
Estimated value
$40,245,000
Community centers
7408 Strm Walk Ln, Manassas, VA 20109-2464
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-0697647
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1992
Total area
116,084 SF
Lot
12.66 ac (551,339 SF)
Zoning code
GENERAL BUSINESS
APN
7697-14-3674
UPID
US87-0697647
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
$36.72M
Comparable Approach
Comparable
$56.07M
Blend (final)
Blend
$40.25M
Owner & transaction history
Manassas Sc LLC · 3 yrs held
Manassas Sc LLC
since 2022
Last sale
$46.1M
4 recorded transactions
Zoning & alternative use
GENERAL BUSINESS · Manassas, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$60.3M
+12.9%
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 Manassas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manassas 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
$32,055,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$39,775,000
6.5%
$36,715,000
7%
$34,090,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$53,360,000
Current use
MEDICAL BUILDING
$60,255,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$40.25M
Range $36.22M – $44.27M · ±10% · vs last sale $46.10M (Oct 14 2022)
Last sale anchor
$46.10M
Oct 14 2022
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
$347 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$143,797
Tax year 2023
Assessed value
$13,820,000
Assessed 2023
Previous assessed
$13,585,000
+1.7% YoY
Effective rate
1.04%
On assessed value
Assessed land
$5,232,100
Assessed improvement
$8,587,900
Land market value
$5,232,100
Improvement market value
$8,587,900
Total market value
$13,820,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
YES
Stories
1
Total area
116,084 SF
Lot
12.66 ac (551,339 SF)
Zoning code
GENERAL BUSINESS
APN
7697-14-3674
UPID
US87-0697647
Jurisdiction
PRINCE WILLIAM
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
GENERAL BUSINESS · Manassas, VA
Zoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Manassas, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manassas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$53.4M
MEDICAL BUILDING
Est. value
$60.3M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL 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
Year built
1992
Heating
NONE
Cooling
Yes
Stories
1
Lot
12.66 ac
Current owner
From public records · entity-resolved
Manassas Sc LLC
Entity
Mailing address
151 BODMAN PL STE #201, RED BANK, NJ 07701-1064
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2022
$46,100,000
Manassas Sc LLC
Amcb Manassas Promenade LLC
Special Warranty Deed
$30,000,000 · Provident Bank
Dec 6, 2018
—
Amcb Manassas Promenade LLC
—
Grant Deed
related
$27,480,000 · Citizens Bk/pa
Jul 2, 2013
$38,000,000
Amcb Manassas Promenade LLC
E & A Southeast LP
Grant Deed
—
—
—
Amcb Manassas Promenade LLC
—
Deed Of Trust
related
$25,000,000 · Wells Fargo 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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