Individually Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
STEEL FRAME
Total area
8,830 SF
Lot
0.58 ac (25,340 SF)
Zoning code
R-10(SINGLE FAM 10000 3+D
APN
010-4-02-0045-C
UPID
US87-0621526
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
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Law Firm
-
Home Health Care Service Assisted Living Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$2.01M
Owner & transaction history
2 recorded transactions
Zoning & alternative use
R-10(SINGLE FAM 10000 3+D · Herndon, VA
Top alternative use upside
Neighborhood: shopping center
$3.3M
+31.5%
Industrial (general)
$3.0M
+21.3%
Auto repair, garage
$3.0M
+19.1%
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 6 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.01M
Value range
$1.81M – $2.21M
±10% around blend
Estimated value / SF
$228 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
$1.81M
blend $2.01M
$2.21M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,830 SF
Lot area
0.58 ac
Year built
1900
Stories
2
APN
010-4-02-0045-C
Zoning
R-10(SINGLE FAM 10000 3+D
Assessed value
$1,083,480
Annual tax
$16,724
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.75M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.97M
@ 6.5% CAP return
$2.75M
@ 7% CAP return
$2.55M
4
Sales comparison
Partial preview
Sales approach indication
$2.23M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.4 mi away · 10,760 SF
15.4 mi away · 8,232 SF
21.3 mi away · 10,999 SF
22.9 mi away · 7,264 SF
23.1 mi away · 7,250 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.01M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 66 sales
$280
-19%
Submarket 170 sales
$290
-22%
County 837 sales
$289
-21%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $228/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+32%
vs current-use indication
Industrial (general)
Auto Repair, Garage
Warehouse, Storage
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
Modeled
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: income and sales evidence cover the value conclusion.
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
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 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$1.08M
Move the market yield to see immediate price impact.
Value / SF
$123
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%
$68k
$1.37M
$975k
$758k
$76k
$1.52M
$1.08M
$843k
$83k
$1.67M
$1.19M
$927k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$945k
13.6 mi · Feb 2026 · $150/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,724
Tax year 2024
Assessed value
$1,083,480
Assessed 2024
Previous assessed
$1,056,370
+2.6% YoY
Effective rate
1.54%
On assessed value
Assessed land
$405,440
Assessed improvement
$678,040
Land market value
$405,440
Improvement market value
$678,040
Total market value
$1,083,480
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
Off-Market
Year built
1900
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Stories
2
Rooms
19
Bathrooms
1
Total area
8,830 SF
Lot
0.58 ac (25,340 SF)
Zoning code
R-10(SINGLE FAM 10000 3+D
APN
010-4-02-0045-C
UPID
US87-0621526
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R-10(SINGLE FAM 10000 3+D · Herndon, VAZoning R-10(SINGLE FAM 10000 3+D · permitted uses
R-10(SINGLE FAM 10000 3+D · Herndon, 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
Year built
1900
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
19
Bathrooms
1
Lot
0.58 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R-10(SINGLE FAM 10000 3+D
Jurisdiction
Herndon, VA
Recorded code
R-10(SINGLE FAM 10000 3+D
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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