7641 Somerset Xing Dr Gainesville, VA 20155-4874
Property profile & analytics
7641 Somerset Xing Dr, Gainesville, VA 20155-4874
- Strip malls
- 5,023 SF
- 0.95 lot acres
Property ID
US87-3787048
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- RockBox Fitness Gainesville / Gym & Fitness Center / Sports School
Property Details for 7641 Somerset Xing Dr
- Year built
- 2003
- Lot size
- 0.95 lot acres
- Zone code
- GENERAL BUSINESS
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 7397-03-7916
- APU
- 7397037916
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 14, 2024 | — | Ganges Somerset Propco LLC | Ganges Somerset Crossing LLC | Special Warranty Deed | $14.5M · 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 | $27.2M · Morgan Stanley Mtg Capital INC |
| Jul 14, 2004 | $10 | Mcw-rc Va-somerset Crossing LLC | Regency Somerset LLC | Warranty Deed | $16k · Allstate Life Insurance Co |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,720,000
- 6.5%
- $1,590,000
- 7%
- $1,475,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,075,000
- AI Estimate
- $1,389,000
Market price range: $1.11M - $3.53MMarket price range: $186k - $3.06M -
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
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Prince William
- State
- Virginia
- Longitude
- -77.6304
- Latitude
- 38.7933
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,915
$524,200
$573,300
$1,097,500
-
$524,200
$573,300
$1,097,500