Financial
Distress signals
Property profile

8407 Richmond Hwy B Alexandria, VA 22309

FOR SALE
Other office properties
Property ID
US87-1197741
1,152 SF Built 1985
Last sale Nov 2011 · $250,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial unit is located in the Mount Vernon area and is configured for salon, office, or retail use. The interior layout includes an entrance reception/conference area, five separate offices, a kitchen area equipped with a sink, microwave, and refrigerator, and a full bathroom with a shower. The unit is part of a condominium and is subject to a monthly condo fee.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$219k
Assessed land$44k
Assessed improvement$175k
Effective rate1.28%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$4k
Operating expenses−$5k
NOI · 4.60% cap applied$16k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$347/SF
Submarket average, outlier-cleaned · 261 recorded sales of this use type
Observed band · Q1–Q3$220 – $505
Qualifying comparables8

Cap rate analysis

How does the asset earn?
4.60%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-5(NEIGHBORHOOD RETAIL)
JurisdictionFAIRFAX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.6
Law Firm15.6
Parking Facility12.2

Location

8407 Richmond Hwy, Unit B Alexandria, VA 22309
County assessor Recorded deeds · 3 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8309 Richmond, Alexandria, VA 22309-2324 $610,000 Jul 2024 2,487 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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