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Property profile & analytics
OFF-MARKET
Estimated value
$9,855,000
Warehouses
8000 Corporate Ct Springfield, VA 22153-3132
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3742506
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1989
Construction
STEEL FRAME
Total area
53,783 SF
Lot
4.91 ac (213,836 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
098-2-18-0012
UPID
US87-3742506
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
-
L&E Meridian (Bike/Boat/Book/etc) Store Printing Service
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.29M
Blend (final)
Blend
$9.86M
Owner & transaction history
Ss 8000 Corporate LLC · 4 yrs held
Ss 8000 Corporate LLC
since 2022
Last sale
$10.0M
4 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$7,770,000
ML approach
$10,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,865,000
Current use
OFFICE BUILDING
$13,195,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$9.86M
Range $8.87M – $10.84M · ±10% · vs last sale $10.00M (Jul 12 2022)
Last sale anchor
$10.00M
Jul 12 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
$183 / 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
$77,086
Tax year 2024
Assessed value
$6,005,910
Assessed 2024
Previous assessed
$6,044,810
-0.6% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,352,200
Assessed improvement
$3,653,710
Land market value
$2,352,200
Improvement market value
$3,653,710
Total market value
$6,005,910
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 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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Total area
53,783 SF
Lot
4.91 ac (213,836 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
098-2-18-0012
UPID
US87-3742506
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Springfield, VA
Zoning I-5(INDUSTRIAL GENERAL) · permitted uses
I-5(INDUSTRIAL GENERAL) · Springfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$15.9M
OFFICE BUILDING
Est. value
$13.2M
WAREHOUSE, STORAGE Current
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
1989
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Lot
4.91 ac
Current owner
From public records · entity-resolved
Ss 8000 Corporate LLC
Entity
Free & Clear · 4 yrs held
Mailing address
7200 WISCONSIN AVE STE #1100, BETHESDA, MD 20814-4845
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2022
—
Fmi Herndon 7300 Boston LLC
—
Deed
related
$98,000,000 · Jpmorgan Chase Bank NA
Jul 12, 2022
$10,000,000
Ss 8000 Corporate LLC
Boston Properties Limited Partnersh
Special Warranty Deed
—
Mar 19, 2021
—
Boston Properties Limited Partnersh
Boston Properties Limited Partnersh
Re-recorded Document
related
—
Mar 12, 2021
—
Boston Properties Limited Partnersh
Boston Properties Limited Partnersh
Intrafamily Transfer
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
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