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    Property profile & analytics

    8451 Main St Marshall, VA 20115-3236

    • Medical Office Space
    • 1,580 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-1116025
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical Office Space

    Property Details for 8451 Main St

    Year built
    1909
    Lot size
    0.49 lot acres
    Property size
    1,580 SF
    Zone code
    C1;COMMERCIAL,NBRHD
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    6969-47-5625
    APU
    6969475625

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Fauquier
    State
    Virginia
    Longitude
    -77.8622
    Latitude
    38.8621
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,069
    $213,400
    $205,500
    $418,900
    -
    $213,400
    $205,500
    $418,900

    Comparable in this City

    • Value Estimation
      $1,510,000
      11,040 SF

      8255 Main St

      MEDICAL BUILDING • 11,040 SF
      8255 Main St, Marshall, VA 20115-3278
      View Details
    • Value Estimation
      $1,415,000
      11,160 SF

      5000 Cunning Ham Farm Dr

      MEDICAL BUILDING • 11,160 SF
      5000 Cunning Ham Farm Dr, Marshall, VA 20115
      View Details
    • Value Estimation by Request
      2,764 SF

      4125 Rectortown Rd

      MEDICAL BUILDING • 2,764 SF
      4125 Rectortown Rd, Marshall, VA 20115
      View Details
    • Value Estimation by Request
      3,612 SF

      8452 Renalds Ave

      MEDICAL BUILDING • 3,612 SF
      8452 Renalds Ave, Marshall, VA 20115-3755
      View Details
    • Value Estimation by Request
      2,082 SF

      4216 Frost St

      MEDICAL BUILDING • 2,082 SF
      4216 Frost St, Marshall, VA 20115
      View Details
    • Value Estimation by Request
      696 SF

      8335 Main St

      OFFICE BUILDING • 696 SF
      8335 Main St, Marshall, VA 20115
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Charming renovated office, utilities included.
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      Historic Marshall Office Space

      Charming renovated office, utilities included.
      8272 Main St, Marshall, VA 20115
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    • Contact for pricing

      Charming Marshall Office Space

      Renovated Office, High-Speed Internet Included
      8272 C, Marshall, VA 20115
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    • $2,700,000
      3,750 SF

      beer cooler

      grocery items
      1468 Atoka Rd, Marshall, VA 20115
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    • $320,000
      7.40 Acres

      Land in Fauquier County

      7.4 acres in a private countryside setting.
      Leeds Manor Rd, Marshall, VA 20115
      View Details
    • $1,400,000
      5,422 SF

      offices and staff space totals +\/-3000sf. The remaining square footage is historically residential apartments with annual leases. The current zoning is Marshall Town that combines commercial space (vacant 2200sf)

      and residential units (tenants with annual leases - 100% occupied). The commercial units are currently on the market for lease. CURRENT Residential & Commercial leasing options: Apt 2 MLS#VAFQ2014586 & Retail store front +\/-2200sf MLS#VAFQ2010950. All other space leased. The store tenant historically been retail and office space. The tenant has paid electricity and a CAM payment monthly (trash & WSA). Residential Tenants pay metered electricity and communication expenses. The Landlord's expenses are water\/sewer
      8414 Main St, Marshall, VA 20115
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,000 SF

      Prime Marshall, VA Retail Space

      Three retail spaces, 4,000 sq ft.
      4249 Winchester Rd, Marshall, VA 20115
      View Details
    • Contact for pricing
      55,990 SF

      Marshall Shopping Center Opportunity

      Prime Retail Space Available in VA
      4195-4195 Winchester Rd, Marshall, VA 20115
      View Details
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    8451 Main St
    Marshall, VA 20115-3236
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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