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Property profile & analytics
OFF-MARKET
Estimated value
$5,525,000
Community centers
8081 Alban Rd Springfield, VA 22150-2243
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3717098
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Total area
18,280 SF
Lot
1.18 ac (51,200 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
099-1-17-0004
UPID
US87-3717098
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
-
CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
-
Virginia Outdoor Power Equipment Building Supply Hardware & Home Improvement
-
Residence Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.35M
Blend (final)
Blend
$5.53M
Owner & transaction history
Awr Properties LP · 2 yrs held
Awr Properties LP
since 2023
Last sale
$5.6M
4 recorded transactions
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Springfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.3M
+23.2%
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
$5,440,000
ML approach
$5,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,740,000
Current use
COMMERCIAL (GENERAL)
$8,305,000
Change: +23% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,220,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,105,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$5.53M
Range $4.97M – $6.08M · ±10% · vs last sale $5.60M (Dec 6 2023)
Last sale anchor
$5.60M
Dec 6 2023
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
$302 / 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
$38,423
Tax year 2024
Assessed value
$2,993,590
Assessed 2024
Previous assessed
$3,346,420
-10.5% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,126,400
Assessed improvement
$1,867,190
Land market value
$1,126,400
Improvement market value
$1,867,190
Total market value
$2,993,590
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 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
Community centers
Use group
MINI-MALL
Status
Off-Market
Heating
NONE
Stories
1
Total area
18,280 SF
Lot
1.18 ac (51,200 SF)
Zoning code
C-6(COMMUNITY RETAIL)
APN
099-1-17-0004
UPID
US87-3717098
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-6(COMMUNITY RETAIL) · Springfield, VA
Zoning 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
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$8.3M
INDUSTRIAL (GENERAL)
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
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
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Awr Properties LP
Entity
Free & Clear · 2 yrs held
Mailing address
1390 CHAIN BRG RD #170, MC LEAN, VA 22101-3904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 6, 2023
$5,600,000
Awr Properties LP
Armstrong Green And Embrey INC
Special Warranty Deed
—
Aug 25, 2008
$7,250,000
Armstrong Green & Embrey INC
Alban Retail Center LLC
Grant Deed
$3,000,000 · Pnc Bank
Nov 21, 2007
$4,500,000
Alban Retail Center LLC
Alban Road LLC
Grant Deed
related
—
—
—
Alban Road LLC
—
Deed Of Trust
related
$2,700,000 · Cwcapital LLC
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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