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Property profile & analytics
OFF-MARKET
Estimated value
$7,825,000
Office buildings
8381 Old Courthouse Rd Vienna, VA 22182-3818
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0185407
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
54,849 SF
Lot
2.33 ac (101,529 SF)
Zoning code
C-2(LIMITED OFFICE)
APN
039-1-23-A1
UPID
US87-0185407
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
-
Isabel Thao Nguyen - State Farm Insurance Agent Insurance Agency
-
Brian Fitzgerald Alternative Medicine Practice
-
Esthetic Laser Clinic Medical Clinic Skin Care Clinic
-
OCI Associates Engineering Consultant
-
Hallmark Title Inc Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.70M
Blend (final)
Blend
$7.83M
Owner & transaction history
Galaxy Courthouse LLC · 13 yrs held
Galaxy Courthouse LLC
since 2013
5 recorded transactions
Zoning & alternative use
C-2(LIMITED OFFICE) · Vienna, VA
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.83M
Range $7.04M – $8.61M · ±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
$143 / 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
$82,130
Tax year 2024
Assessed value
$5,769,570
Assessed 2024
Previous assessed
$6,630,100
-13.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,939,030
Assessed improvement
$3,830,540
Land market value
$1,939,030
Improvement market value
$3,830,540
Total market value
$5,769,570
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Total area
54,849 SF
Lot
2.33 ac (101,529 SF)
Zoning code
C-2(LIMITED OFFICE)
APN
039-1-23-A1
UPID
US87-0185407
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-2(LIMITED OFFICE) · Vienna, VAZoning C-2(LIMITED OFFICE) · permitted uses
C-2(LIMITED OFFICE) · Vienna, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ch 18 zoning 2023
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
2.33 ac
Current owner
From public records · entity-resolved
Galaxy Courthouse LLC
Entity
Mailing address
8391 OLD COURTHOUSE RD STE #210, VIENNA, VA 22182-3819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jul 20, 2022
—
Galaxy Courthouse LLC
—
Deed
related
$14,200,000 · Community Bank Of The Chesapeake
Jan 30, 2015
—
Galaxy Courthouse LLC
—
Loan Modification
related
$13,575,288 · Miscellaneous Ins Co
Jun 21, 2013
$17,500,000
Galaxy Courthouse LLC
General Elec Cr Equities
Grant Deed
$19,614,182 · General Electric Capital Corp
Mar 30, 2012
$18,190,990
Elec Cr Equities
Advance Of Old Courthouse Road Ll
Grant Deed
related
—
Oct 31, 2006
—
Advance Of Old Courthouse Road LLC
—
Deed Of Trust
related
$5,884,254 · General Electric Capital Corp
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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