New search
Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Office buildings
7637 Leesburg Pike Falls Church, VA 22043-3700
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-0049596
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
BRICK
Total area
3,056 SF
Lot
0.05 ac (2,046 SF)
Zoning code
C-3(OFFICE)
APN
039-2-22-0005
UPID
US87-0049596
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
$950k
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$715k
Owner & transaction history
Leesburg Pike LLC
Leesburg Pike LLC
since 2026
6 recorded transactions
Zoning & alternative use
C-3(OFFICE) · Falls Church, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+36.2%
Commercial (general)
$1.0M
+26.4%
Auto repair, garage
$1.0M
+23.4%
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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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%
$1,030,000
6.5%
$950,000
7%
$880,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$825,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,045,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,020,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$895,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$234 / 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
$9,596
Tax year 2024
Assessed value
$747,660
Assessed 2024
Previous assessed
$747,660
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$149,530
Assessed improvement
$598,130
Land market value
$149,530
Improvement market value
$598,130
Total market value
$747,660
Applied tax rate
7.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
BRICK
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,056 SF
Lot
0.05 ac (2,046 SF)
Zoning code
C-3(OFFICE)
APN
039-2-22-0005
UPID
US87-0049596
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-3(OFFICE) · Falls Church, VA
Zoning C-3(OFFICE) · permitted uses
C-3(OFFICE) · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$895,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1979
Construction
BRICK
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Leesburg Pike LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1740 DRESSAGE DR, RESTON, VA 20190-5401
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Apr 16, 2026
$950,000
Leesburg Pike LLC
7637 Leesburg Pike LLC
Deed
related
—
Jan 21, 2016
$840,000
7637 Leesburg Pike LLC
Ajalli,ali & Arezoo
Grant Deed
$656,000 · Mainstreet Bk
Jan 13, 2011
$796,560
Ali Ajalli
Kettle George F Trust
Grant Deed
$402,500 · Kettle George F Trust (pt)
Mar 4, 2009
$900,000
George F Kettle
Hartke,wayne R & Brigitte
Grant Deed
$800,000 · Freedom Bank Va
May 9, 2006
—
Wayne R Hartke
—
Trustees Deed
related
$550,000 · East Oaks LLC
Apr 12, 2005
—
Wayne R Harke
Hartke & Sons
Grant Deed
$470,000 · East Oaks LLC
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 7637 Leesburg Pike?
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.
