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Property profile & analytics
OFF-MARKET
Estimated value
$28,670,000
Community centers
8040 Rolling Rd Springfield, VA 22153-2928
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US87-1878351
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1977
Construction
CONCRETE BLOCKS
Total area
119,633 SF
Lot
11.32 ac (493,116 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
098-2-01-0013-B
UPID
US87-1878351
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
-
Saratoga Sunoco Gas/Service Station Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$38.47M
Blend (final)
Blend
$28.67M
Owner & transaction history
Fw Va-saratoga Shopping Ctr LLC · 21 yrs held
Fw Va-saratoga Shopping Ctr LLC
since 2005
4 recorded transactions
Zoning & alternative use
C-6(COMMUNITY RETAIL) · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$44,105,000
Current use
INDUSTRIAL (GENERAL)
$40,690,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$39,940,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$35,295,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$28.67M
Range $25.80M – $31.54M · ±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
$240 / 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
$390,277
Tax year 2024
Assessed value
$30,407,280
Assessed 2024
Previous assessed
$30,699,040
-1.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$11,608,550
Assessed improvement
$18,798,730
Land market value
$11,608,550
Improvement market value
$18,798,730
Total market value
$30,407,280
Applied tax rate
8.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1977
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
YES
Stories
1
Total area
119,633 SF
Lot
11.32 ac (493,116 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
098-2-01-0013-B
UPID
US87-1878351
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Springfield, VAZoning C-6(COMMUNITY RETAIL) · permitted uses
C-6(COMMUNITY RETAIL) · Springfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$44.1M
INDUSTRIAL (GENERAL)
Est. value
$40.7M
AUTO REPAIR, GARAGE
Est. value
$39.9M
WAREHOUSE, STORAGE
Est. value
$35.3M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1977
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
11.32 ac
Current owner
From public records · entity-resolved
Fw Va-saratoga Shopping Ctr LLC
Entity
Mailing address
PO BOX 2539, SAN ANTONIO, TX 78299-2539
Ownership since
2005
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
May 7, 2020
—
Fw Va-saratoga Shopping Ctr Ll
—
Deed
related
$22,800,000 · Truist Bk
Jun 13, 2005
$23,358,227
Fw Va-saratoga Shopping Ctr LLC
Fw Mcw-reg II Holdings LLC
Warranty Deed
$15,468,000 · Wachovia Bank NA
—
—
Fw Va-saratoga Shopping Center
—
Deed Of Trust
related
$47,100,000 · Prudential Insurance Co
—
—
Fw Va-saratoga Shopping Ctr Ll
—
Deed Of Trust
related
$22,800,000 · Truist 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.
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