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Property profile & analytics
FOR SALE
Office Spaces
3930 Walnut St Ste 250 Fairfax, VA 22030-4750
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3860049
For Sale
1 / 11
$825,000
3930 Walnut St Ste,Unit 250, Fairfax, VA 22030-4750
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1964
Total area
3,202 SF
Lot
1.23 ac (53,448 SF)
Zoning code
COMMERCIAL RETAIL
APN
57-1-36-00-250
UPID
US87-3860049
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
$1.39M
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.03M
Owner & transaction history
Connected Real Estate Holdings LLC · 3 yrs held
Connected Real Estate Holdings LLC
since 2022
Last sale
$699,000
2 recorded transactions
Zoning & alternative use
COMMERCIAL RETAIL · Fairfax, 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 Fairfax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfax 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
by Request
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$705,000
7%
$655,000
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $699k (Aug 16 2022)
Last sale anchor
$699k
Aug 16 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
$322 / 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
$7,831
Tax year 2024
Assessed value
$650,000
Assessed 2024
Previous assessed
$650,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$223,600
Assessed improvement
$426,400
Land market value
$223,600
Improvement market value
$426,400
Total market value
$650,000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Sale
Year built
1964
Heating
NONE
Total area
3,202 SF
Lot
1.23 ac (53,448 SF)
Zoning code
COMMERCIAL RETAIL
APN
57-1-36-00-250
UPID
US87-3860049
Jurisdiction
FAIRFAX CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
COMMERCIAL RETAIL · Fairfax, VA
Zoning COMMERCIAL RETAIL · permitted uses
COMMERCIAL RETAIL · Fairfax, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfax. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Lot
1.23 ac
Current owner
From public records · entity-resolved
Connected Real Estate Holdings LLC
Entity
Mailing address
10640 PAGE AVE STE #230, FAIRFAX, VA 22030-4012
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2022
$699,000
Connected Real Estate Holdings LLC
Fairfax Boulevard Professional Ctr
Deed
$365,000 · The Freedom Bank Of Virginia
Sep 1, 2006
$976,610
Fairfax Boulevard Prof Ctr LLC
Bethsaida LLC
Special Warranty Deed
$488,305 · Cardinal 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.
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