Masonry Office Unit with
For Sale
Contact for pricing
3975 UNIVERSITY DRIVE #365, Fairfax, VA 22030
Well-maintained office unit in a masonry building with private garage parking and convenient access to local amenities.
Property Size930 SF
Price / SF$23.70
Days on Market66
Property Features for 3975 UNIVERSITY DRIVE #365
General Information
Standard status
Active
Size
930 SF
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Amenities
private garage
Building Details
Year Built
1986
Construction
masonry
Listing Agency:
Foster Management Inc.
Listed By:
Donald E Foster · License #0225107097
(703) 385-8900
Source:
Cummingsrealtors
Added: Aug 12
Changed: Oct 15
Last Checked: Oct 15 at 12:33AM
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 Foster Management Inc.
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Investment Insights
Based on property information with market context.
This office unit occupies space within a masonry building constructed in 1986 and measures 930 square feet. The property includes a private garage, providing dedicated parking for occupants and visitors. Its address is 3975 University Drive #365 in Fairfax, Virginia, within a setting offering nearby dining, shopping, and recreational amenities.
Key Highlights
- 930‑square‑foot office unit
- Masonry construction completed in 1986
- Private garage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,605
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,100
$352.1K
Cap Rate 7%
$251,500
$251.5K
Cap Rate 9%
$195,611
$195.6K
Market Conditions
NOI Build-Up for 930 SF
Gross rent
$27.5K $29.52/SF
− Vacancy
−$4.0K −$4.28/SF
EGI
$23.5K $25.24/SF
− OpEx
−$5.9K −$6.31/SF
NOI
$17.6K $18.93/SF
Area
Fairfax County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,100
Cap Rate 7%
$251,500
Cap Rate 9%
$195,611
Alternative Uses
Best Use
Office B
$251.5K
$220.1K – $293.4K
NOI $17,605 @ 7.0% cap · market cap 79.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.90M
$3.41M – $4.55M
NOI $272,883 @ 7.0% cap · market cap 1,238.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 22030, VA
60,431
Population
21,758
Households
2.8
Avg Household Size
34
Median Age
67%
College-Educated
94%
High-School Grad
19.4 sq mi
ZIP Area
3,115
Density / Sq Mi
$139,885
Median Household Income
$61,628
Median Earnings
$2,242
Median Rent
$700,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office unit in a masonry building with private garage parking and convenient access to local amenities.
Where is this office units located?
The property is located at 3975 UNIVERSITY DRIVE #365 Fairfax, VA.
What are key features of this property?
This property features: 930‑square‑foot office unit; Masonry construction completed in 1986; Private garage included
