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Property profile & analytics
OFF-MARKET
Estimated value
$11,545,000
Warehouses
7721 Fullerton Rd Springfield, VA 22153-2820
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-0919921
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1984
Construction
STEEL FRAME
Total area
32,620 SF
Lot
1.62 ac (70,437 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
098-2-15-H
UPID
US87-0919921
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
-
Sherwin-Williams Floorcovering Store Carpet & Flooring Store Hardware & Home Improvement
-
Prep Academy Sport System Child Welfare Organization Charitable Organization
-
Siema Wines Brewery & Distillery Big Box & Wholesale Store
-
Absolute Packaging Industrial Manufacturer Production Facility
-
Bricco dei Tati Specialty Food Shop Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.15M
Blend (final)
Blend
$11.55M
Owner & transaction history
Full Holdings LLC
Full Holdings LLC
since 2025
Last sale
$14.0M
2 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Springfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.8M
+54.0%
Neighborhood: shopping center
$12.0M
+25.0%
Industrial (general)
$11.1M
+15.3%
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$13,515,000
ML approach
$9,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,625,000
Current use
COMMERCIAL (GENERAL)
$14,815,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,025,000
Change: +25% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$11,095,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$10,890,000
Change: +13% · Conversion: Easy
OFFICE BUILDING
$8,005,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$11.55M
Range $10.39M – $12.70M · ±10% · vs last sale $14.01M (Dec 27 2021)
Last sale anchor
$14.01M
Dec 27 2021
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
$354 / 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
$59,318
Tax year 2024
Assessed value
$4,621,610
Assessed 2024
Previous assessed
$4,833,710
-4.4% YoY
Effective rate
1.28%
On assessed value
Assessed land
$774,810
Assessed improvement
$3,846,800
Land market value
$774,810
Improvement market value
$3,846,800
Total market value
$4,621,610
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
1
Total area
32,620 SF
Lot
1.62 ac (70,437 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
098-2-15-H
UPID
US87-0919921
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Springfield, VA
Zoning I-5(INDUSTRIAL GENERAL) · permitted uses
I-5(INDUSTRIAL GENERAL) · Springfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.6M
COMMERCIAL (GENERAL)
Est. value
$14.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.0M
INDUSTRIAL (GENERAL)
Est. value
$11.1M
AUTO REPAIR, GARAGE
Est. value
$10.9M
OFFICE BUILDING
Est. value
$8.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1984
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.62 ac
Current owner
From public records · entity-resolved
Full Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
360 S ROSEMARY AVE STE #1020, WEST PALM BEACH, FL 33401-6054
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
$15,650,000
Full Holdings LLC
Full Owner LLC
Special Warranty Deed
—
Dec 27, 2021
$14,005,551
Full Owner LLC
Rolling Fullerton Phase IV LLC
Special Warranty Deed
$58,000,000 · Predf III Levered 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.
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