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Property profile & analytics
OFF-MARKET
Estimated value
$34,385,000
Warehouses
847 Pickett St, Alexandria, VA 22304-4605
Individually Owned
1-yr Hold
Free & Clear
Property ID
US87-0910415
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1970
Total area
246,246 SF
Lot
10.84 ac (472,190 SF)
Zoning code
I - INDUSTRIAL ZONE
APN
37512050
UPID
US87-0910415
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
-
Aslin Beer Company - Alexandria Production Facility Brewery & Distillery
-
Bring Your Own Bits Production Facility Brewery & Distillery
-
Capital Bad Credit Loans Loan Service
-
Michael Baker Corporation Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$42.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$34.39M
Owner & transaction history
Va Alcoholic Beverage Control Autho · 1 yrs held
Va Alcoholic Beverage Control Autho
since 2025
7 recorded transactions
Zoning & alternative use
I - INDUSTRIAL ZONE · Alexandria, 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 Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria 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%
$46,260,000
6.5%
$42,705,000
7%
$39,655,000
Blend value · Realmo final
$34.39M
Range $30.95M – $37.82M · ±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
$140 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$529,725
Tax year 2023
Assessed value
$47,723,000
Assessed 2023
Previous assessed
$46,500,000
+2.6% YoY
Effective rate
1.11%
On assessed value
Assessed land
$19,359,093
Assessed improvement
$28,363,907
Land market value
$19,359,093
Improvement market value
$28,363,907
Total market value
$47,723,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Heating
OTHER
Cooling
OTHER
Stories
1
Bathrooms
12
Total area
246,246 SF
Lot
10.84 ac (472,190 SF)
Zoning code
I - INDUSTRIAL ZONE
APN
37512050
UPID
US87-0910415
Jurisdiction
ALEXANDRIA CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I - INDUSTRIAL ZONE · Alexandria, VA
Zoning I - INDUSTRIAL ZONE · permitted uses
I - INDUSTRIAL ZONE · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
12
Lot
10.84 ac
Current owner
From public records · entity-resolved
Va Alcoholic Beverage Control Autho
Individual
Free & Clear · 1 yrs held
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Va Alcoholic Beverage Control Autho
B9 Sequoia Pickett Owner LLC
Deed
—
Jul 25, 2022
—
B9 Sequioa Pickett Owner LLC
Psbp Pickett Ip LLC
Special Warranty Deed
—
Oct 28, 2020
$46,250
Psb Pickett Ip LLC
Jbg Of Pickett Office LLC
Grant Deed
—
Jun 2, 2015
$42,000,000
Jbg Of Pickett Office LLC
Ap Adler Pickett LLC
Grant Deed
—
Nov 3, 2011
—
Ap Adler Albemarle LLC
—
Deed Of Trust
related
$188,138,462 · Key Bank & Trust
Oct 5, 2011
—
Ap Adler Pickett LLC
—
Deed Of Trust
related
$149,946,225 · Key Bank & Trust
Sep 8, 2011
$32,152,235
Ap Adler Pickett LLC
Writ LP
Grant Deed
$10,755 · Keybank USA
—
—
Ap Adler Dulles South LLC|ap Adler Fullerton Busn
—
Loan Modification
related
$70,000,000 · Keybank USA
—
—
Jbg Of Pickett Office LLC
—
Deed Of Trust
related
$23,600,000 · Suntrust Bk
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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