Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Edison St Arlington, VA 22203
    Back to Search
    Property profile & analytics

    Edison St, Arlington, VA 22203

    View on Map
    • Parking lots & garages
    • 0.14 lot acres
    Off-Market
    Last Sale Nov 25, 2024
    $5,495,900
    Property ID
    US87-2089177
    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.
    Value Estimations
    $5,495,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for Edison St

    Lot size
    0.14 lot acres
    Zone code
    C-1
    Property type
    Parking lots & garages
    APN
    13-003-005
    APU
    13003005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 25, 2024 — Donna M Stivers Donna M Stivers Deed · related —
    Nov 25, 2024 $5,495,900 Mcdonalds USA LLC Donna M Stivers Warranty Deed —
    Feb 25, 2020 — Va Do R M Trust Donna M Stivers Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,495,000
      ML approach
      $5,495,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Arlington
    State
    Virginia
    Longitude
    -77.122
    Latitude
    38.8785
    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
    $3,831
    $324,800
    $6,000
    $330,800
    -
    $324,800
    $6,000
    $330,800

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      Wilson Blvd

      PARKING GARAGE, PARKING STRUCTURE
      Wilson Blvd, Arlington, VA 22203
      View Details
    • Value Estimation by Request
      0.18 Acres

      Cathedral Ln

      PARKING GARAGE, PARKING STRUCTURE
      Cathedral Ln, Arlington, VA 22203
      View Details
    • Value Estimation by Request
      0.14 Acres

      Thomas St

      PARKING GARAGE, PARKING STRUCTURE
      Thomas St, Arlington, VA 22203
      View Details
    • Value Estimation by Request
      0.15 Acres

      4201 Wilson Blvd Ste, Unit 110

      PARKING GARAGE, PARKING STRUCTURE
      4201 Wilson Blvd Ste, Arlington, VA 22203-1859
      View Details
    • Value Estimation
      $985,000
      989,000 SF

      901 Stuart St

      PARKING GARAGE, PARKING STRUCTURE
      901 Stuart St, Arlington, VA 22203-4418
      View Details
    • Value Estimation by Request
      0.16 Acres

      4117 Fairfax Dr

      PARKING GARAGE, PARKING STRUCTURE
      4117 Fairfax Dr, Arlington, VA 22203-1605
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Turnkey Penthouse Office Suite

      Fully furnished penthouse office with private offices, conference space, and a two-level loft overlooking the entryway.
      671 N Glebe Rd, Arlington, VA 22203
      View Details
    • Contact for pricing
      42,751 SF

      Office Space Off I-66

      Office suite with exterior signage, strong commuter access, and building amenities including a fitness center and lounge.
      4601 N Fairfax Dr, Arlington, VA 22203
      View Details
    • Contact for pricing

      Arlington Office Space - Triple Units

      Three Arlington office units, ideal for various businesses.
      4141 8Th St, Arlington, VA 22203
      View Details
    • Contact for pricing
      5,286 SF

      Move-In Ready Trophy Office Building

      An efficient, virtually column-free office with a tenant-ready rooftop deck and signage opportunity nearby premier Ballston amenities.
      4040 Wilson Blvd, Arlington, VA 22203
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      475 SF

      Retail Space in High-Traffic Area

      Retail space with basement in Arlington near major routes.
      235-249 N Glebe Rd, Arlington, VA 22203
      View Details
    • Contact for pricing

      Buckingham Shopping Center Retail Space

      Recently renovated shopping center in high-traffic Arlington location.
      235-317 N Glebe Rd, Arlington, VA 22203
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space Available for Rent

      Second generation bank space available September 2023.
      4075 Wilson Blvd, Arlington, VA 22203
      View Details
    • Contact for pricing
      1,102 SF

      Ballston Restaurant Space Available

      1,102 SF second generation restaurant space in Ballston.
      3701 N Fairfax Dr, Arlington, VA 22203
      View Details
    • Contact for pricing
      1,825 SF

      Fitness Studio in Randolph Tower

      1,825 SF fitness studio in a densely populated neighborhood.
      4001 9Th St N, Arlington, VA 22203
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Arlington, Virginia.
      4300 Wilson Blvd, Arlington, VA 22203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Edison St
    Arlington, VA 22203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Edison St, Arlington, VA, 22203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!