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Property profile & analytics
FOR LEASE
Strip malls
7601 Fordson Rd Alexandria, VA 22306
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0112510
For Lease
1 / 2
$1,780,000
7601 Fordson Rd, Alexandria, VA 22306
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
6,345 SF
Lot
0.67 ac (28,981 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
092-4-02-0607
UPID
US87-0112510
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
-
Mamma's Kitchen Restaurant
-
EVOO at Mamma's Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.78M
Owner & transaction history
K & M Of Virginia Lc · 18 yrs held
K & M Of Virginia Lc
since 2007
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,340,000
Current use
INDUSTRIAL (GENERAL)
$2,160,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,155,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,120,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±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
$281 / 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
$24,550
Tax year 2024
Assessed value
$1,912,730
Assessed 2024
Previous assessed
$1,832,210
+4.4% YoY
Effective rate
1.28%
On assessed value
Assessed land
$463,700
Assessed improvement
$1,449,030
Land market value
$463,700
Improvement market value
$1,449,030
Total market value
$1,912,730
Applied tax rate
4.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Heating
NONE
Stories
1
Total area
6,345 SF
Lot
0.67 ac (28,981 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
092-4-02-0607
UPID
US87-0112510
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Alexandria, VA
Zoning 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
Alexandria. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
0.67 ac
Current owner
From public records · entity-resolved
K & M Of Virginia Lc
Individual
Mailing address
3350 WILTON CRST CT, ALEXANDRIA, VA 22310-2353
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
—
K&m Of Virginia Lc
—
Deed
related
$994,000 · Atlantic Union Bank
Jun 3, 2019
—
K & M Of Virginia LLC
—
Deed
related
$1,255,000 · Burke & Herbert Bk&tr
Apr 15, 2009
—
K & M Of Virginia Lc
—
Trustees Deed
related
$250,000 · Burke & Herbert Bank & Trust
Nov 12, 2008
—
K & M Of Virginia Lc
—
Trustees Deed
related
$100,000 · Burke & Herbert Bank & Trust
Aug 24, 2007
—
K & M Of Virginia Lc
Johnnides,marianna
Grant Deed
$1,275,000 · Burke & Herbert Bank & Trust
—
—
K & M Of Virginia Lc
—
Deed Of Trust
related
$1,154,684 · Burke & Herbert Bk&tr
—
—
K & M Of Virginia Lc
—
Deed Of Trust
related
$232,071 · Burke & Herbert Bk&tr
—
—
K & M Of Virginia Lc
—
Deed Of Trust
related
$115,700 · Burke & Herbert Bk&tr
—
—
K & M Of Virginia LLC
—
Loan Modification
related
$1,255,000 · Burke & Herbert Bk&tr
—
—
Marianna Johnnides
—
Deed Of Trust
related
$146,900 · Burke & Herbert Bank & Trust
—
—
K & M Of Virginia Lc
—
Deed Of Trust
related
$249,465 · Burke & Herbert 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.
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