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Property profile & analytics
OFF-MARKET
Estimated value
$11,600,000
Community centers
8520 Leesburg Pike Vienna, VA 22182-2436
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1157377
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1994
Construction
CONCRETE BLOCKS
Total area
41,012 SF
Lot
2.95 ac (128,442 SF)
Zoning code
C-7(REGIONAL RETAIL)
APN
029-3-01-0050
UPID
US87-1157377
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
-
The Tile Shop Hardware & Home Improvement Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.60M
Owner & transaction history
Tysons Mk 11 LLC · 8 yrs held
Tysons Mk 11 LLC
since 2018
1 recorded transaction
Zoning & alternative use
C-7(REGIONAL RETAIL) · Vienna, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$18.6M
+23.2%
Warehouse, storage
$18.6M
+22.8%
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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$15,120,000
Current use
COMMERCIAL (GENERAL)
$18,630,000
Change: +23% · Conversion: Easy
WAREHOUSE, STORAGE
$18,560,000
Change: +23% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,950,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,690,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$11.60M
Range $10.44M – $12.76M · ±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
$283 / 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
$323,015
Tax year 2024
Assessed value
$22,691,630
Assessed 2024
Previous assessed
$23,081,760
-1.7% YoY
Effective rate
1.42%
On assessed value
Assessed land
$11,559,780
Assessed improvement
$11,131,850
Land market value
$11,559,780
Improvement market value
$11,131,850
Total market value
$22,691,630
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1994
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
YES
Stories
1
Total area
41,012 SF
Lot
2.95 ac (128,442 SF)
Zoning code
C-7(REGIONAL RETAIL)
APN
029-3-01-0050
UPID
US87-1157377
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-7(REGIONAL RETAIL) · Vienna, VA
Zoning C-7(REGIONAL RETAIL) · permitted uses
C-7(REGIONAL RETAIL) · Vienna, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vienna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$15.1M
COMMERCIAL (GENERAL)
Est. value
$18.6M
WAREHOUSE, STORAGE
Est. value
$18.6M
INDUSTRIAL (GENERAL)
Est. value
$14.0M
AUTO REPAIR, GARAGE
Est. value
$13.7M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE BLOCKS
Heating
OTHER
Cooling
Yes
Stories
1
Lot
2.95 ac
Current owner
From public records · entity-resolved
Tysons Mk 11 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
6820 COMMERCIAL DRB, SPRINGFIELD, VA 22151
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2018
$44,250
Tysons Mk 11 LLC
Tysons 3 LLC
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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