Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Non-Buildable Lot in Prime Location Title is generated by Realmo AI

    BLAKE LN/BLAKE LN SERVICE RD, Fairfax, VA 22031

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - FAIRFAX, VA

    Lot size:
    0.22 Acres
    Added:
    Mar 5, 2024
    Days on Market:
    802
    Last Refresh:
    May 16 at 6:06 pm

    Property Features for BLAKE LN/BLAKE LN SERVICE RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Annual Amount
    57

    We can help!

    Listing Contact
    William Whittman

    Listing agent William Whittman License #0225053182

    Listing office Proplocate Realty 701 W Broad Street unit: 205, FALLS CHURCH, VA

    Listing date Mar 5, 2024

    MLS# VAFX2167468 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Location: Situated in a desirable area.
    • Versatile Usage: Suitable for parking (motorhomes, trailers, campers), storage sheds, real estate signage, or an urban garden.
    • Unique Dimensions: Approximately 25 ft x 380 ft.
    • Easily Located: GPS coordinates provided (38 degrees 52'08.0"N 77 degrees 16'34.7"W).
    • Tax Assessment Information: Fairfax County Tax ID (0483 01 0047A) provided for detailed property information.
    • Non‑Buildable Lot: Offers specific alternative usage opportunities.

    Overview

    This non-buildable lot, situated in a prime location, measures approximately 25 ft x 380 ft. The versatile property presents numerous possibilities, including parking for motorhomes, house cars, travel trailers, truck campers, or camp trailers. It can also be used for storage solutions, such as sheds, or for real estate signage. Other potential applications include creating an urban garden. The lot is located in Fairfax, VA. For detailed information, refer to the Fairfax County Tax Assessment page using Tax ID: 0483 01 0047A. The GPS coordinates to locate the lot are 38 degrees 52'08.0"N 77 degrees 16'34.7"W.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.2763786
    Latitude
    38.8688617

    Nearby Similar for Sale

    • $150,000

      Turnkey Grocery Store Opportunity

      Established grocery store for sale in prime Lee Highway location.
      11116 LEE HWY, FAIRFAX, VA 22030
      View Details
    • $40,000
      700 SF

      Profitable Salon in Prime Location

      Turnkey salon with established clientele in Fairfax, Virginia.
      10010 MAIN Street, FAIRFAX, VA 22031
      View Details
    • $295,500

      Fairfax Office Condo For Sale

      Versatile 1,118 SF office condo in prime Fairfax location.
      10875 MAIN ST, FAIRFAX, VA 22030
      View Details
    • $485,000

      FAIRFAX Office Condo For Sale

      Three-level office condo near Downtown Fairfax City.
      4000 WILLIAMSBURG Court, FAIRFAX, VA 22032
      View Details
    • $215,000

      Bright Corner Office Suite

      Top floor office near Fairfax courthouse with ample parking.
      10617 JONES Street, FAIRFAX, VA 22030
      View Details
    • $255,000

      Fairfax City Restaurant Opportunity

      Thai restaurant in Fairfax City available for sale.
      11180 FAIRFAX BLVD., FAIRFAX, VA 22030
      View Details
    • $420,000

      Medical Office Condo For Sale

      Well-maintained medical office condo in Pender Professional Center.
      3930 PENDER Drive, FAIRFAX, VA 22030
      View Details
    • $350,000

      FAIRFAX, VA Commercial Sale

      Commercial property for sale in FAIRFAX, Virginia.
      10521 JUDICIAL Drive, FAIRFAX, VA 22030
      View Details
    • $829,000

      6.58 Acres in Fairfax Location

      Land in Fairfax, VA with convenient access to amenities.
      11523 POPES HEAD Road, FAIRFAX, VA 22030
      View Details
    • $487,000

      Buildable Lot Near Fairfax Parkway

      Level, wooded lot suitable for building, near Fairfax County Parkway.
      12224 BRADDOCK Road, FAIRFAX, VA 22030
      View Details
    • $1,500,000
      5,170 SF

      Old Town Fairfax Colonial Office

      Two-story colonial office building in Old Town Fairfax.
      4235 CHAIN BRIDGE Rd, Fairfax, VA 22030
      View Details
    • $423,995

      Adjoining Office Townhomes in Fairfax

      Two connected office townhomes in Democracy Square Business Center.
      10343 DEMOCRACY Ln A, Fairfax, VA 22030
      View Details

    FAQs

    What type of property is this?
    Commercial land - Versatile lot for parking, storage, signage, or urban garden.
    Where is this commercial land located?
    The property is located at BLAKE LN/BLAKE LN SERVICE RD Fairfax, VA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Prime Location: Situated in a desirable area.; Versatile Usage: Suitable for parking (motorhomes, trailers, campers), storage sheds, real estate signage, or an urban garden.; Unique Dimensions: Approximately 25 ft x 380 ft.
    (202) 391-5582
    We can help!
    Listing Contact
    William Whittman
    Real Estate License ID: 0225053182
    Learn More
    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.
    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
    BLAKE LN/BLAKE LN SERVICE RD, FAIRFAX, VA 22031
    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!