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Property profile & analytics
OFF-MARKET
Estimated value
$10,000,000
Shopping centers
7901 Heritage Vlg Plz Gainesville, VA 20155-3077
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-0416058
Property profile
Verified
Property type
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Year built
2005
Total area
30,000 SF
Lot
3.23 ac (140,699 SF)
Zoning code
PLANNED BUS DIST
APN
7397-87-6611
UPID
US87-0416058
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
-
Jimbo's Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.93M
CAP Approach
CAP
$9.49M
Comparable Approach
Comparable
$9.59M
Blend (final)
Blend
$10.00M
Owner & transaction history
Gainesville 1 LLC · 3 yrs held
Gainesville 1 LLC
since 2022
Last sale
$10.0M
5 recorded transactions
Zoning & alternative use
PLANNED BUS DIST · Gainesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$15.8M
+14.9%
Medical building
$15.6M
+12.9%
Office building
$14.9M
+8.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
$10,925,000
CAP Approach
CAP Return
Estimation
6%
$10,280,000
6.5%
$9,490,000
7%
$8,810,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$13,790,000
Current use
COMMERCIAL (GENERAL)
$15,845,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$15,570,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$14,915,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$10.00M
Range $9.00M – $11.00M · ±10% · vs last sale $10.00M (Oct 19 2022)
Last sale anchor
$10.00M
Oct 19 2022
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
$333 / 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
$78,877
Tax year 2023
Assessed value
$7,580,700
Assessed 2023
Previous assessed
$8,133,100
-6.8% YoY
Effective rate
1.04%
On assessed value
Assessed land
$1,801,400
Assessed improvement
$5,779,300
Land market value
$1,801,400
Improvement market value
$5,779,300
Total market value
$7,580,700
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
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Status
Off-Market
Year built
2005
Heating
NONE
Stories
1
Total area
30,000 SF
Lot
3.23 ac (140,699 SF)
Zoning code
PLANNED BUS DIST
APN
7397-87-6611
UPID
US87-0416058
Jurisdiction
PRINCE WILLIAM
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PLANNED BUS DIST · Gainesville, VA
Zoning PLANNED BUS DIST · permitted uses
PLANNED BUS DIST · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$13.8M
COMMERCIAL (GENERAL)
Est. value
$15.8M
MEDICAL BUILDING
Est. value
$15.6M
OFFICE BUILDING
Est. value
$14.9M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2005
Heating
NONE
Stories
1
Lot
3.23 ac
Current owner
From public records · entity-resolved
Gainesville 1 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7740 LEGERE CT STE #210, MC LEAN, VA 22102-4791
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$10,000,000
Gainesville 1 LLC
Heathcote Retail LLC
Special Warranty Deed
—
May 13, 2011
$5,350,000
Heathcote Retail LLC
7901-7967 Heritage Village Pla
Grant Deed
$4,000,000 · Access National Bank
Oct 28, 2010
$6,392,800
Heritage Village Pla 7901-7967
Gutowski,john W
Trustees Deed
—
Dec 4, 2006
$10
Heritage Hunt Retail Spe LLC
Heritage Hunt Retail LLC
Grant Deed
related
$9,400,000 · Cwcapital LLC
Sep 10, 2004
$10
Kao Of Buchanan Heritage Hunt LLC
Heritage Hunt Commercial LLC
Grant Deed
related
$3,450,000 · Susquehanna Bank
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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