Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$58,085,000
Garden apartment buildings
7946 Janna Lee Ave 103 Alexandria, VA 22306-3714
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1154369
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Total area
1,108 SF
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
101-2-20-0099
UPID
US87-1154369
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
$58.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$49.92M
Blend (final)
Blend
$58.09M
Owner & transaction history
Creekside Redevelopment Partners I · 2 yrs held
Creekside Redevelopment Partners I
since 2024
Last sale
$58.1M
5 recorded transactions
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · Alexandria, 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 Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria 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
$58,085,000
ML approach
$58,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$58.09M
Range $52.28M – $63.89M · ±10% · vs last sale $58.08M (Apr 16 2024)
Last sale anchor
$58.08M
Apr 16 2024
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
$52,423 / 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
$2,477
Tax year 2024
Assessed value
$213,820
Assessed 2024
Previous assessed
$204,680
+4.5% YoY
Effective rate
1.16%
On assessed value
Assessed land
$15,500
Assessed improvement
$198,320
Land market value
$15,500
Improvement market value
$198,320
Total market value
$213,820
Applied tax rate
40,000.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Heating
NONE
Stories
3
Total area
1,108 SF
Zoning code
R-20(RESIDENTIAL 20 DU/AC
APN
101-2-20-0099
UPID
US87-1154369
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R-20(RESIDENTIAL 20 DU/AC · Alexandria, VA
Zoning R-20(RESIDENTIAL 20 DU/AC · permitted uses
R-20(RESIDENTIAL 20 DU/AC · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
3
Current owner
From public records · entity-resolved
Creekside Redevelopment Partners I
Entity
Mailing address
8245 BOONE BLVD STE #640, VIENNA, VA 22182-3894
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 16, 2024
$58,084,290
Creekside Redevelopment Partners I
Jlv Partners I LP
Special Warranty Deed
$7,734,483 · Fairfax County Redevelopment And Ho
Apr 16, 2024
—
Creekside Redevelopment Partners I
Jlv Declarant LLC
Assignment Of Deed
$7,734,483 · Fairfax County Redevelopment And Ho
Sep 30, 2021
—
Jlv Partners I LP
—
Deed
related
$7,000,000 · Congressional Bank
Dec 31, 2014
—
Jlv Partners I LP|jlv Declarant LLC
—
Loan Modification
related
$11,042,353 · Community Dev Corp
Mar 16, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7946 Janna Lee Ave, Unit 103?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
