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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Industrial properties
7699 Limestone Dr Ste 100 Gainesville, VA 20155-4046
Entity Owned
~
Est. High Equity
Property ID
US87-1035257
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2007
Total area
4,803 SF
Lot
0.11 ac (4,934 SF)
Zoning code
HEAVY INDUSTRIAL
APN
7497-01-1299.01
UPID
US87-1035257
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Babadag Investments LLC
Babadag Investments LLC
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
HEAVY INDUSTRIAL · Gainesville, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$331 / 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
$8,890
Tax year 2023
Assessed value
$854,400
Assessed 2023
Previous assessed
$854,400
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$275,200
Assessed improvement
$579,200
Land market value
$275,200
Improvement market value
$579,200
Total market value
$854,400
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2007
Heating
NONE
Stories
1
Total area
4,803 SF
Lot
0.11 ac (4,934 SF)
Zoning code
HEAVY INDUSTRIAL
APN
7497-01-1299.01
UPID
US87-1035257
Jurisdiction
PRINCE WILLIAM
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
HEAVY INDUSTRIAL · Gainesville, VA
Zoning HEAVY INDUSTRIAL · permitted uses
HEAVY INDUSTRIAL · Gainesville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Babadag Investments LLC
Entity
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2025
$1,585,000
Babadag Investments LLC
7699 Limestone Dr 100 105 LLC
Deed
$1,347,520 · First Citizens Bank & Trust Co
Apr 2, 2024
—
7699 Limestone Dr 100 105 LLC
7699 Limestone Drive LLC
Bargain And Sale Deed
$1,680,000 · First National Bank Of Pennsylvania
Dec 16, 2021
$6,900,000
7699 Limestone Drive LLC
Gateway Business Center LP
Bargain And Sale Deed
$5,500,000 · First National Bank Of Pennsylvania
Mar 27, 2017
—
Gateway Business Center LP
—
Deed
related
$750,000 · Cardinal Bk
Aug 25, 2009
—
Gateway Business Center
—
Grant Deed
related
$14,256,355 · Wells Fargo Bank
—
—
Gateway Business Center LP
—
Deed Of Trust
related
$10,750,000 · Cardinal Bk
—
—
Gateway Business Center LP
—
Deed Of Trust
related
$750,000 · Cardinal Bk
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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