Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$16,870,000
Individual retail properties
8209 Watson St Mclean, VA 22102-4402
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3807537
Property profile
Verified
Property type
Individual retail properties
Use group
APPLIANCE STORE
Year built
1978
Construction
STEEL FRAME
Total area
33,474 SF
Lot
0.46 ac (20,235 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
029-4-02-0013
UPID
US87-3807537
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
-
REI (Bike/Boat/Book/etc) Store
-
REI Bike Shop (Bike/Boat/Book/etc) Store
-
Connie Jensen, PT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.87M
Owner & transaction history
Ns Retail Holdings LLC · 3 yrs held
Ns Retail Holdings LLC
since 2023
Last sale
$20.8M
7 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Mclean, 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 Mclean submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mclean 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
$20,185,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,300,000
6.5%
$14,125,000
7%
$13,115,000
Blend value · Realmo final
$16.87M
Range $15.18M – $18.56M · ±10% · vs last sale $20.77M (Jan 3 2023)
Last sale anchor
$20.77M
Jan 3 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
$504 / 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
$208,211
Tax year 2024
Assessed value
$14,626,660
Assessed 2024
Previous assessed
$13,109,660
+11.6% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,618,800
Assessed improvement
$13,007,860
Land market value
$1,618,800
Improvement market value
$13,007,860
Total market value
$14,626,660
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
Individual retail properties
Use group
APPLIANCE STORE
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
1
Total area
33,474 SF
Lot
0.46 ac (20,235 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
029-4-02-0013
UPID
US87-3807537
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Mclean, VAZoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · Mclean, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Ns Retail Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2021 MCKINNEY AVE STE #1150, DALLAS, TX 75201-7632
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
$20,774,097
Ns Retail Holdings LLC
Qualified Opportunity Fund LLC
Special Warranty Deed
—
May 28, 2020
—
Qualified Opportunity Fund LLC
—
Deed
related
$12,500,000 · Miscellaneous Ins Co
Oct 15, 2018
$18,965,000
Qualified Opportunity Fund LLC
Constellation 107th Street LLC
Grant Deed
related
$12,500,000 · Miscellaneous Ins Co
Aug 13, 2014
$22,000,000
Constellation 107th Street LLC
Germantown Tysons LLC
Grant Deed
$11,750,000 · Rga Reinsurance Co
Mar 7, 2013
$12,000,000
Germantown Tysons LLC
1991 Chain Bridge Road LLC
Grant Deed
$12,200,000 · Sandy Spring Bank
Dec 5, 2007
$14,000,000
1991 Chain Bridge Road LLC
Equity-ardmore Associates
Grant Deed
—
—
—
Qualified Opportunity Fund LLC
—
Loan Modification
related
$12,500,000 · Miscellaneous Ins Co
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?”
You own 8209 Watson St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
