New search
Property profile & analytics
FOR LEASE
Office buildings
8001 Forbes Pl, Springfield, VA 22151-2208
Entity Owned
8-yr Hold
Free & Clear
Property ID
US87-1013774
For Lease
1 / 2
$4,500/Mo
8001 Forbes Pl, Springfield, VA 22151-2208
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
STEEL FRAME
Total area
71,103 SF
Lot
2.75 ac (119,938 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
070-4-10-0010-B
UPID
US87-1013774
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
-
NOVA Fitness Gym & Fitness Center
-
Child Evangelism Fellowship of Northern Virginia Church Mosque
-
Nova Crossfit Gym & Fitness Center
-
National Capital Bible Church Church
-
Luciana Lawrence Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.09M
Comparable Approach
Comparable
$16.14M
Blend (final)
Blend
$15.84M
Owner & transaction history
8001 Forbes LLC · 8 yrs held
8001 Forbes LLC
since 2018
3 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Springfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$26.2M
+12.7%
Industrial (general)
$24.2M
+3.9%
Auto repair, garage
$23.7M
+2.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,930,000
6.5%
$22,090,000
7%
$20,510,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$23,270,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$26,215,000
Change: +13% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$24,185,000
Change: +4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$23,740,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$18,710,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$15.84M
Range $14.25M – $17.42M · ±10%
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
$223 / 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
$86,966
Tax year 2024
Assessed value
$6,775,700
Assessed 2024
Previous assessed
$7,096,340
-4.5% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,493,160
Assessed improvement
$5,282,540
Land market value
$1,493,160
Improvement market value
$5,282,540
Total market value
$6,775,700
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1971
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
3
Bathrooms
0
Total area
71,103 SF
Lot
2.75 ac (119,938 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
070-4-10-0010-B
UPID
US87-1013774
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
OFFICE BUILDING Current
Est. value
$23.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$26.2M
INDUSTRIAL (GENERAL)
Est. value
$24.2M
AUTO REPAIR, GARAGE
Est. value
$23.7M
WAREHOUSE, STORAGE
Est. value
$18.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1971
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
3
Bathrooms
0
Lot
2.75 ac
Current owner
From public records · entity-resolved
8001 Forbes LLC
Entity
Free & Clear · 8 yrs held
Mailing address
8001 FORBES PL STE #305, SPRINGFIELD, VA 22151-2209
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
—
8001 Forbes LLC
—
Deed
related
$6,500,000 · Old Dominion National Bank
Mar 12, 2018
—
8001 Forbes LLC
8001 Forbes LP
Quit Claim Deed
related
—
Jan 30, 2015
—
8001 Forbes LLC
—
Grant Deed
related
$6,250,000 · Monument Bk
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?”
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.
