Entity Owned 
For Lease
1 / 2
$44,855,000
7770 Backlick Rd, Springfield, VA 22150
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
270,191 SF
Lot
1.83 ac (79,806 SF)
Zoning code
C-4(HIGH DENSITY OFFICE)
APN
099-1-01-0023-B
UPID
US87-1380033
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
-
Corporate Office
-
Computer & Electronic Repair (Bike/Boat/Book/etc) Store
-
Restaurant
-
Electric Vehicle Charging Station
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$31.51M
Blend (final)
Blend
$44.86M
Owner & transaction history
Zoning & alternative use
C-4(HIGH DENSITY OFFICE) · Springfield, VA
Top alternative use upside
Warehouse, storage
$71.1M
+7.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$44.86M
Value range
$40.37M – $49.34M
±10% around blend
Estimated value / SF
$166 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
50
$40.37M
blend $44.86M
$49.34M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
270,191 SF
Lot area
1.83 ac
Stories
8
APN
099-1-01-0023-B
Zoning
C-4(HIGH DENSITY OFFICE)
Assessed value
$45,832,190
Annual tax
$588,256
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$17.40M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.0 mi away · 340,000 SF
13.3 mi away · 239,241 SF
13.3 mi away · 239,241 SF
13.6 mi away · 195,480 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$44.86M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 94 sales
$245
-32%
County 837 sales
$289
-42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $166/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+7%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$45.83M
Move the market yield to see immediate price impact.
Value / SF
$170
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.89M
$57.75M
$41.25M
$32.08M
$3.21M
$64.17M
$45.83M
$35.65M
$3.53M
$70.58M
$50.42M
$39.21M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$28.00M
10.2 mi · Dec 2025 · $97/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$588,256
Tax year 2024
Assessed value
$45,832,190
Assessed 2024
Previous assessed
$53,264,040
-14.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,633,600
Assessed improvement
$43,198,590
Land market value
$2,633,600
Improvement market value
$43,198,590
Total market value
$45,832,190
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Heating
NONE
Stories
8
Total area
270,191 SF
Lot
1.83 ac (79,806 SF)
Zoning code
C-4(HIGH DENSITY OFFICE)
APN
099-1-01-0023-B
UPID
US87-1380033
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-4(HIGH DENSITY OFFICE) · Springfield, VAZoning C-4(HIGH DENSITY OFFICE) · permitted uses
C-4(HIGH DENSITY OFFICE) · Springfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Stories
8
Lot
1.83 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-4(HIGH DENSITY OFFICE)
Jurisdiction
Springfield, VA
Recorded code
C-4(HIGH DENSITY OFFICE)
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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