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Property profile & analytics
OFF-MARKET
Estimated value
$31,515,000
Warehouses
8600 Leesburg Pike Vienna, VA 22182-2225
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1266875
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1965
Construction
TYPE NOT SPECIFIED
Total area
77,347 SF
Lot
3.59 ac (156,206 SF)
Zoning code
C-7(REGIONAL RETAIL)
APN
029-1-01-0017-A
UPID
US87-1266875
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
-
Koons Tysons Used Car Center Car Dealership
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$28.61M
Blend (final)
Blend
$31.52M
Owner & transaction history
Asbury Tysons T LLC · 2 yrs held
Asbury Tysons T LLC
since 2023
Last sale
$29.9M
5 recorded transactions
Zoning & alternative use
C-7(REGIONAL RETAIL) · Vienna, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$35.1M
+0.4%
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
$37,655,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$35,005,000
Current use
COMMERCIAL (GENERAL)
$35,135,000
Change: +0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$28,515,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$31.52M
Range $28.36M – $34.67M · ±10% · vs last sale $29.90M (Dec 11 2023)
Last sale anchor
$29.90M
Dec 11 2023
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
$407 / 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
$234,020
Tax year 2024
Assessed value
$16,439,730
Assessed 2024
Previous assessed
$15,396,270
+6.8% YoY
Effective rate
1.42%
On assessed value
Assessed land
$7,029,270
Assessed improvement
$9,410,460
Land market value
$7,029,270
Improvement market value
$9,410,460
Total market value
$16,439,730
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Stories
1
Rooms
3
Bathrooms
1
Total area
77,347 SF
Lot
3.59 ac (156,206 SF)
Zoning code
C-7(REGIONAL RETAIL)
APN
029-1-01-0017-A
UPID
US87-1266875
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
WAREHOUSE, STORAGE Current
Est. value
$35.0M
COMMERCIAL (GENERAL)
Est. value
$35.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$28.5M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Stories
1
Rooms
3
Bathrooms
1
Lot
3.59 ac
Current owner
From public records · entity-resolved
Asbury Tysons T LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2905 PREMIERE PKWY STE #300, DULUTH, GA 30097-5240
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 11, 2023
$29,900,000
Asbury Tysons T LLC
Koons Tysons Properties LLC
Special Warranty Deed
—
Dec 14, 2017
—
Crown Tysons Properties LLC
—
Loan Modification
related
$47,100,000 · Bank Of America
Jan 19, 2016
$19,475,542
Koons Tysons Properties LLC
8600 Leesburg Pike LLC
Grant Deed
—
Apr 5, 2004
$10,400,000
8600 Leesburg Pike LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Leesburg Pike LLC
—
Deed Of Trust
related
$10,800,000 · Chevy Chase Savings Bank
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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