Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11601 Braddock Road Fairfax, VA 22030

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $1,600,000

    6.36 acre commercial land in Fairfax County for sale.

    Lot size:
    6.36 Acres

    Property Features for 11601 Braddock Road

    General Information

    Standard status
    Contract
    Lot size
    6.36 Acres

    We can help!

    Listing Contact
    Fernando F Palacios
    Source: Corcoran

    Listing Agency: TERRAPIN REALTORS, INC Listing Agent: Fernando F Palacios

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Fairfax County Commercial Land Opportunity

    Available for sale is a 6.36-acre commercial land parcel located in Fairfax County, situated at the corner of Mendell Street and Braddock Road. The property is zoned R-1(RC). Electricity is available on the property. The Shirley Gate Extension road, currently under construction and slated for completion in 2028, passes through the North Western portion of the property, positioning this parcel as a corner lot at the intersection of two main roads. The Shirley Gate Extension will connect Braddock Road and Fairfax County Parkway. Future expansion of George Mason University is planned diagonally across Braddock Road from the property. Zoning restrictions apply to potential commercial development on the property; refer to zoning documents for details.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Nail Salon Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.345
    Latitude
    38.8379

    Nearby Similar for Sale

    • $369,999
      1,363 SF

      Fairfax Office Suite For Sale

      Strategically located 1,363 SF professional office suite in Fairfax, VA.
      3935 University Dr, Fairfax, VA 22030
      View Details
    • $315,000
      1,200 SF

      Move-In Ready Fairfax Office Condo

      Second-floor office condo with suites, furnishings, and convenient location.
      10509 Braddock Road, Fairfax, VA 22032
      View Details
    • $485,000

      FAIRFAX Office Condo For Sale

      Three-level office condo near Downtown Fairfax City.
      4000 Williamsburg Ct, Fairfax, VA 22032
      View Details
    • $1,500,000
      5,170 SF

      Old Town Fairfax Colonial Office

      Two-story office building in Old Town Fairfax with versatile layout.
      4235 Chain Bridge Rd, Fairfax, VA 22030
      View Details
    • $480,000

      Professional Office Suite in Fairfax

      2,000 sq ft office suite near Routes 50 and 29.
      11094 Main St, Fairfax, VA 22030
      View Details
    • $505,995

      Adjoining Office Townhomes in Fairfax

      Two connected office townhomes in Democracy Square Business Center.
      10345 Democracy Ln, Fairfax, VA 22030
      View Details
    • $255,000
      6,500 SF

      Fairfax City Restaurant Opportunity

      Thai restaurant in Fairfax City available for sale.
      11180 Fairfax Blvd, Fairfax, VA 22030
      View Details
    • $215,000

      Bright Corner Office Suite

      Top floor office near Fairfax courthouse with ample parking.
      10617 Jones St, Fairfax, VA 22030
      View Details
    • $799,999

      Fairfax City Executive Office Suite

      Custom-build executive office suite in a prestigious Fairfax City building.
      10521 Judicial Dr, Fairfax, VA 22030
      View Details
    • $925,000

      Fairfax Office Building For Sale

      6,034 SF office building in Fairfax, renovated in 2019.
      4157 Chain Bridge Rd, Fairfax, VA 22030
      View Details
    • $418,275

      Office Unit with Natural Light

      Efficient office unit with ample natural light and flexible lease.
      3863 Plaza Dr, Fairfax, VA 22030
      View Details
    • $3,200,000

      High-Visibility Commercial Building Near GMU

      Free-standing commercial building in a dynamic Fairfax City corridor.
      4328 Chain Bridge Rd, Fairfax, VA 22030
      View Details

    FAQs

    What type of property is this?
    Commercial land - 6.36 acre commercial land in Fairfax County for sale.
    Where is this commercial land located?
    The property is located at 11601 Braddock Road Fairfax, VA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 6.36 acre commercial land in Fairfax County; - Located at the corner of Mendell Street and Braddock Road; - Future expansion of George Mason University planned diagonally across Braddock Road
    (301) 881-9800
    Request Owner's contact information
    11601 Braddock Road Fairfax, VA 22030
    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.
    11601 Braddock Road
    Fairfax, VA 22030
    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
    11601 Braddock Road Fairfax, VA 22030
    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

    We can help!
    Listing Contact
    Fernando F Palacios
    (301) 881-9800 (301) 996-5190 (301) 355-5000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!