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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
8120 Gatehouse Rd, Falls Church, VA 22042-1204
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0039750
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Construction
CONCRETE BLOCKS
Total area
15,196 SF
Lot
0.75 ac (32,704 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
049-4-01-0018
UPID
US87-0039750
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
-
Mosaic Med Spa & Laser Center Spa & Massage Center Alternative Medicine Practice
-
Suzanne Kim Doud Galli MD, PhD, FACS Physician Medical Clinic
-
Fairfax ENT & Facial Plastic Surgery Medical Clinic Physician
-
Fairfax Hearing Center Hearing Aid Store Hearing Aid Repair Service
-
Cachay Antonio J MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$535k
Owner & transaction history
Morrison-adonis LLC · 15 yrs held
Morrison-adonis LLC
since 2011
4 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Falls Church, 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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$585,000
Current use
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$35 / 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
$41,579
Tax year 2024
Assessed value
$3,192,280
Assessed 2024
Previous assessed
$3,611,520
-11.6% YoY
Effective rate
1.30%
On assessed value
Assessed land
$440,680
Assessed improvement
$2,751,600
Land market value
$440,680
Improvement market value
$2,751,600
Total market value
$3,192,280
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1972
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
3
Rooms
1
Total area
15,196 SF
Lot
0.75 ac (32,704 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
049-4-01-0018
UPID
US87-0039750
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Falls Church, VA
Zoning I-5(INDUSTRIAL GENERAL) · permitted uses
I-5(INDUSTRIAL GENERAL) · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$585,000
MEDICAL BUILDING Current
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
1972
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
3
Rooms
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Morrison-adonis LLC
Entity
Mailing address
5218 17TH ST N, ARLINGTON, VA 22205-3654
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Sep 10, 2013
—
Morrison-adonis LLC
—
Grant Deed
related
$5,355,000 · First Citizens Bank & Trust Co
Mar 8, 2011
$2,000,000
Morrison-adonis LLC
88 Dev LLC
Deed Of Trust
related
$2,811,800 · First Virginia Community Bank
Feb 2, 2005
$2,460,000
88 Development LLC
Gatehouse Road Associates
Special Warranty Deed
$1,700,000 · Branch Banking & Trust Co
Oct 27, 2004
$1,525,000
Gatehouse Road Associates LLC
Bradford,maria
Deed Of Trust
related
$1,650,000 · Alliance Bank
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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