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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Strip malls
7641 Somerset Xing Dr Gainesville, VA 20155-4874
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3787048
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
5,023 SF
Lot
0.95 ac (41,260 SF)
Zoning code
GENERAL BUSINESS
APN
7397-03-7916
UPID
US87-3787048
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
-
RockBox Fitness Gainesville Gym & Fitness Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$1.69M
Owner & transaction history
Ganges Somerset Propco LLC · 1 yrs held
Ganges Somerset Propco LLC
since 2024
5 recorded transactions
Zoning & alternative use
GENERAL BUSINESS · Gainesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+14.9%
Medical building
$2.6M
+12.9%
Office building
$2.5M
+8.2%
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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%
$1,720,000
6.5%
$1,590,000
7%
$1,475,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,310,000
Current use
COMMERCIAL (GENERAL)
$2,655,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$2,605,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$2,495,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$335 / 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
$10,915
Tax year 2024
Assessed value
$1,097,500
Assessed 2024
Previous assessed
$1,097,500
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$524,200
Assessed improvement
$573,300
Land market value
$524,200
Improvement market value
$573,300
Total market value
$1,097,500
Applied tax rate
5.0000
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
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
5,023 SF
Lot
0.95 ac (41,260 SF)
Zoning code
GENERAL BUSINESS
APN
7397-03-7916
UPID
US87-3787048
Jurisdiction
PRINCE WILLIAM
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
GENERAL BUSINESS · Gainesville, VAZoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Gainesville, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
Year built
2003
Heating
NONE
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Ganges Somerset Propco LLC
Entity
Mailing address
21671 BRONTE PL, ASHBURN, VA 20147-4783
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
—
Ganges Somerset Propco LLC
Ganges Somerset Crossing LLC
Special Warranty Deed
$14,500,000 · Emg Transfer Agent LLC
Aug 5, 2022
$11,800,000
Ganges Somerset Crossing LLC
Msci 2007 Hq12 Somerset Crossing Dr
Special Warranty Deed
—
Jul 12, 2017
$16,000,000
Msci 2007-hq12 Somerset Crossi
Casterline William H JR|somerset Crossing Gmc LLC
Trustees Deed
—
Mar 29, 2007
$33,350,000
Somerset Crossing Gmc LLC
Mcw-rc Va-somerset Crossing Ll
Grant Deed
related
$27,200,000 · Morgan Stanley Mtg Capital INC
Jul 14, 2004
$10
Mcw-rc Va-somerset Crossing LLC
Regency Somerset LLC
Warranty Deed
$15,900 · Allstate Life Insurance Co
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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