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Property profile & analytics
OFF-MARKET
Estimated value
$49,960,000
Office buildings
Leesburg Pike Falls Church, VA 22043
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-2026737
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
CONCRETE
Total area
188,764 SF
Lot
3.1 ac (135,174 SF)
Zoning code
C-4(HIGH DENSITY OFFICE)
APN
039-2-01-0047-A
UPID
US87-2026737
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
$58.64M
Comparable Approach
Comparable
$41.67M
Blend (final)
Blend
$49.96M
Owner & transaction history
Vanadium LLC · 3 yrs held
Vanadium LLC
since 2022
Last sale
$49.0M
4 recorded transactions
Zoning & alternative use
C-4(HIGH DENSITY OFFICE) · Falls Church, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$69.6M
+36.2%
Commercial (general)
$64.6M
+26.4%
Industrial (general)
$64.2M
+25.7%
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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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
$51,485,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$63,525,000
6.5%
$58,640,000
7%
$54,450,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$51,095,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$69,595,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$64,570,000
Change: +26% · Conversion: Easy
INDUSTRIAL (GENERAL)
$64,205,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$63,020,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$55,390,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$49.96M
Range $44.96M – $54.96M · ±10% · vs last sale $49.00M (Jul 13 2022)
Last sale anchor
$49.00M
Jul 13 2022
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
$265 / 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
$176,496
Tax year 2024
Assessed value
$12,398,700
Assessed 2024
Previous assessed
$15,527,990
-20.2% YoY
Effective rate
1.42%
On assessed value
Assessed land
$7,928,090
Assessed improvement
$4,470,610
Land market value
$7,928,090
Improvement market value
$4,470,610
Total market value
$12,398,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
OTHER
Cooling
YES
Stories
11
Total area
188,764 SF
Lot
3.1 ac (135,174 SF)
Zoning code
C-4(HIGH DENSITY OFFICE)
APN
039-2-01-0047-A
UPID
US87-2026737
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-4(HIGH DENSITY OFFICE) · Falls Church, VA
Zoning C-4(HIGH DENSITY OFFICE) · permitted uses
C-4(HIGH DENSITY OFFICE) · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$51.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$69.6M
COMMERCIAL (GENERAL)
Est. value
$64.6M
INDUSTRIAL (GENERAL)
Est. value
$64.2M
AUTO REPAIR, GARAGE
Est. value
$63.0M
WAREHOUSE, STORAGE
Est. value
$55.4M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1986
Construction
CONCRETE
Heating
OTHER
Cooling
Yes
Stories
11
Lot
3.1 ac
Current owner
From public records · entity-resolved
Vanadium LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1627 K ST NW STE #710, WASHINGTON, DC 20006-1739
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 6, 2025
—
Vanadium LLC
—
Deed
related
$30,000,000 · Tristate Capital Bank
Jul 13, 2022
$49,000,000
Vanadium LLC
7799 Leesburg Pike Lllp
Special Warranty Deed
—
Dec 6, 2018
—
7799 Leesburg Pike Lllp
—
Loan Modification
related
$20,000,000 · Sandy Spring Bk
Dec 18, 2008
—
7799 Leesburg Pike Lllp
—
Deed Of Trust
related
$25,000,000 · New York Life Insurance
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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