City of Fairfax Office
3923 Blenheim Blvd #62c & 62d, Fairfax, VA 22030
Office condo near Fairfax County Judicial Center and George Mason.
Type:Commercial
Property size:
2,300 SFPrice / SF:
$240/SF- Added:
- Jan 16, 2026
- Days on Market:
- 137
- Last Refresh:
- May 10 at 8:50 pm
Property Features for 3923 Blenheim Blvd #62c & 62d
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing agent MICHAEL E MARCEY License #SP600189
Listing office RE/MAX DISTINCTIVE REAL ESTATE, INC. (703) 821-1840
Listing date Jan 16, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX DISTINCTIVE REAL ESTATE, INC.
HighLights
- Prime location in the City of Fairfax, near the Fairfax County Judicial Center and George Mason University.
- Two contiguous office condo units totaling approximately 2,300 gross SF/1,958 net SF.
- Features 8 offices, reception and open areas, providing versatile workspace.
- Includes two restrooms (one newly constructed) and a newly constructed galley.
- Great window lines offering natural light.
- Open surface parking available with plenty of nearby restaurants.
Overview
This commercial property offers an opportunity to own an office condo in the City of Fairfax, situated near the Fairfax County Judicial Center and George Mason University. The property consists of two contiguous office condo units featuring window lines, eight offices, reception and open areas, and two restrooms, one of which is newly constructed. A newly constructed galley is also included. The estimated size is 2,300 gross square feet and 1,958 net square feet. Open surface parking is available, and the location provides convenient access to nearby restaurants.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.9k | $29.52 |
| − Vacancy | −$9.8k | −$4.28 |
| EGI | $58.1k | $25.24 |
| − OpEx | −$14.5k | −$6.31 |
| NOI | $43.5k | $18.93 |
2,300 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$622.0K
$544.2K – $725.6K
NOI $43,538 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.64M
$8.44M – $11.25M
NOI $674,872 @ 7.0% cap · market cap 122.26%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Map
- City
- Fairfax
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.345
- Latitude
- 38.8379
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Office condo near Fairfax County Judicial Center and George Mason.
Where is this office units located?
The property is located at 3923 Blenheim Blvd #62c & 62d Fairfax, VA.
What is the asking price?
The asking price for this property is $552,000.
What are key features of this property?
This property features: Prime location in the City of Fairfax, near the Fairfax County Judicial Center and George Mason University.; Two contiguous office condo units totaling approximately 2,300 gross SF/1,958 net SF.; Features **8 offices, reception and open areas**, providing versatile workspace.
