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Property profile & analytics
OFF-MARKET
Estimated value
$150,580,000
High-rise multifamily apartments
Herndon St Arlington, VA 22201
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-2067155
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2003
Lot
0.05 ac (2,211 SF)
Zoning code
C-R
APN
15-074-017
UPID
US87-2067155
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$150.58M
Owner & transaction history
Tpc Clarendon Dd 21 LLC
Tpc Clarendon Dd 21 LLC
since 2025
Last sale
$150.6M
4 recorded transactions
Zoning & alternative use
C-R · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$40,093
Tax year 2024
Assessed value
$3,880,300
Assessed 2024
Previous assessed
$3,976,700
-2.4% YoY
Effective rate
1.03%
On assessed value
Assessed land
$708,200
Assessed improvement
$3,172,100
Land market value
$708,200
Improvement market value
$3,172,100
Total market value
$3,880,300
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2003
Heating
NONE
Units
9
Lot
0.05 ac (2,211 SF)
Zoning code
C-R
APN
15-074-017
UPID
US87-2067155
Jurisdiction
ARLINGTON
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-R · Arlington, VA
Zoning C-R · permitted uses
C-R · Arlington, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Units
9
Lot
0.05 ac
Current owner
From public records · entity-resolved
Tpc Clarendon Dd 21 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2 N RIVERSIDE PLZ STE #400, CHICAGO, IL 60606-2624
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
—
Tpc Clarendon Hr 36 LLC
—
Deed
related
$78,000,000 · Td Bank NA
Aug 29, 2025
$150,580,000
Tpc Clarendon Dd 21 LLC
Eqr Clarendon LLC
Special Warranty Deed
—
Jun 1, 2011
$130,000,000
Eqr-clarendon LLC
Hudson Apartments LLC
Grant Deed
—
Jun 1, 2011
—
Eqr-clarendon LLC
—
Deed Of Trust
related
$51,725,000 · Northwestern Mutual Life Ins
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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