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Property profile & analytics
FOR LEASE
Truck terminals
7890 Notes Dr Manassas, VA 20109
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0173796
For Lease
1 / 2
Contact for pricing
7890 Notes Dr, Manassas, VA 20109
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Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1983
Total area
72,000 SF
Lot
5 ac (217,800 SF)
Zoning code
HEAVY INDUSTRIAL
APN
7597-51-3737
UPID
US87-0173796
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
-
The Purnell Group Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Snl 11801 Balls Ford Road LLC · 4 yrs held
Snl 11801 Balls Ford Road LLC
since 2022
7 recorded transactions
Zoning & alternative use
HEAVY INDUSTRIAL · Manassas, 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 Manassas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manassas 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
—
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
$91,610
Tax year 2023
Assessed value
$8,638,400
Assessed 2023
Previous assessed
$7,119,800
+21.3% YoY
Effective rate
1.06%
On assessed value
Assessed land
$3,811,500
Assessed improvement
$4,826,900
Land market value
$3,811,500
Improvement market value
$4,826,900
Total market value
$8,638,400
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 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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
For Lease
Year built
1983
Heating
NONE
Cooling
YES
Stories
1
Total area
72,000 SF
Lot
5 ac (217,800 SF)
Zoning code
HEAVY INDUSTRIAL
APN
7597-51-3737
UPID
US87-0173796
Jurisdiction
PRINCE WILLIAM
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
HEAVY INDUSTRIAL · Manassas, VA
Zoning HEAVY INDUSTRIAL · permitted uses
HEAVY INDUSTRIAL · Manassas, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manassas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Cooling
Yes
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Snl 11801 Balls Ford Road LLC
Entity
Mailing address
14866 NEER LN, HILLSBORO, VA 20132-2719
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
7890 Notes Drive L L C
—
Deed
related
$6,500,000 · Bank Of Clarke
Jul 7, 2022
—
Snl 11801 Balls Ford Road LLC
Beagle Land Company LLC
Quit Claim Deed
related
—
Dec 27, 2019
—
7890 Notes Dr LLC
—
Deed
related
$4,700,000 · Bank Of America
Sep 23, 2011
—
7890 Notes Drive LLC
—
Deed Of Trust
related
$2,240,817 · Pnc Bank
Nov 20, 2009
—
7890 Notes Drive LLC
—
Deed Of Trust
related
$2,600,000 · Pnc Bk/nj
—
—
7890 Notes Drive LLC
—
Deed Of Trust
related
$800,000 · Middleburg Bank
—
—
7890 Notes Dr LLC
—
Deed Of Trust
related
$4,700,000 · Bank Of America
—
—
7890 Notes Drive LLC
—
Deed Of Trust
related
$558,348 · Branch Banking & Trust Co Va
—
—
7890 Notes Drive LLC
—
Loan Modification
related
$2,318,864 · Pnc Bk
—
—
7890 Notes Drive LLC
—
Deed Of Trust
related
$200,000 · John R JR Sims
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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