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Property profile & analytics
OFF-MARKET
Estimated value
$53,590,000
Hotels
8028 Leesburg Pike Vienna, VA 22182-2719
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1108257
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Total area
233,623 SF
Lot
4.17 ac (181,564 SF)
Zoning code
C-7(REGIONAL RETAIL)
APN
039-2-04-A1
UPID
US87-1108257
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
-
Avis Car Rental Car Rental Facility
-
Budget Car Rental Car Rental Facility
-
TeleStrategies Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$32.99M
Comparable Approach
Comparable
$53.68M
Blend (final)
Blend
$53.59M
Owner & transaction history
Pr Tcp Tysons Corner Hotel Propco L · 1 yrs held
Pr Tcp Tysons Corner Hotel Propco L
since 2024
Last sale
$63.8M
5 recorded transactions
Zoning & alternative use
C-7(REGIONAL RETAIL) · Vienna, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$86.1M
+111.8%
Industrial (general)
$79.5M
+95.4%
Auto repair, garage
$78.0M
+91.8%
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 Vienna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vienna 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%
$35,740,000
6.5%
$32,990,000
7%
$30,635,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$40,670,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$86,130,000
Change: +112% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$79,465,000
Change: +95% · Conversion: Difficult
AUTO REPAIR, GARAGE
$77,995,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$53.59M
Range $48.23M – $58.95M · ±10% · vs last sale $63.85M (Dec 5 2024)
Last sale anchor
$63.85M
Dec 5 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
$229 / 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
$816,531
Tax year 2024
Assessed value
$57,360,820
Assessed 2024
Previous assessed
$47,095,350
+21.8% YoY
Effective rate
1.42%
On assessed value
Assessed land
$9,900,630
Assessed improvement
$47,460,190
Land market value
$9,900,630
Improvement market value
$47,460,190
Total market value
$57,360,820
Applied tax rate
7.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Heating
NONE
Stories
14
Total area
233,623 SF
Lot
4.17 ac (181,564 SF)
Zoning code
C-7(REGIONAL RETAIL)
APN
039-2-04-A1
UPID
US87-1108257
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-7(REGIONAL RETAIL) · Vienna, VA
Zoning C-7(REGIONAL RETAIL) · permitted uses
C-7(REGIONAL RETAIL) · Vienna, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vienna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$40.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$86.1M
INDUSTRIAL (GENERAL)
Est. value
$79.5M
AUTO REPAIR, GARAGE
Est. value
$78.0M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
Heating
NONE
Stories
14
Lot
4.17 ac
Current owner
From public records · entity-resolved
Pr Tcp Tysons Corner Hotel Propco L
Individual
Mailing address
3021 CITRUS CIR STE #130, WALNUT CREEK, CA 94598-2635
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
Dec 5, 2024
$63,846,037
Pr Tcp Tysons Corner Hotel Propco L
Mtc Hotel Owner LLC
Special Warranty Deed
$61,200,000 · Wells Fargo Bank NA
Dec 21, 2018
—
Mtc Hotel Owner LLC
—
Grant Deed
related
$74,259,814 · Hsbc Bk USA NA
Dec 18, 2018
$60,239,600
Mtc Hotel Owner LLC
Sunstone Leesburg LLC
Grant Deed
—
Jun 19, 2009
—
Sunstone Leesburg LLC
—
Deed Of Trust
related
$245,000,000 · Bank Of America
Nov 29, 2006
—
Sunstone Leesburg LLC
Owner Name Unavailable
Grant 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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