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    3022 Javier Rd Fairfax, VA 22031

    Sponsored
    For Sale
    $6,900,000

    19,329 SF Medical Office, Owner-User Potential

    Property size:
    19,329 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 19,329-square-foot Class B medical office building in Fairfax, Virginia, presents a compelling owner-user or value-add investment opportunity. Located at 3022 Javier Rd, Fairfax, VA 22031, this property boasts a prime location off Route 50 in the Merrifield area, minutes from Inova Fairfax Hospital, I-495, and I-66. Currently 48% occupied, the building offers significant potential for expansion and increased rental income. Most existing leases are short-term, providing flexibility for an owner-user to occupy a portion of the space while generating cash flow from existing tenants. The 0.87-acre lot is zoned C-3, allowing for various permitted uses. The building features 61 parking spaces and significant recent upgrades, including a new Firestone roof (2020) and 14 HVAC units (mostly recently replaced). Seller financing is available. The building's height can potentially be increased to 65 feet, subject to engineering and county approvals. This presents a rare chance to acquire a well-located medical office building with substantial upside potential, combining immediate occupancy with long-term investment growth. The property's strong location, recent improvements, and flexible zoning make it an ideal choice for both owner-occupiers and value-add investors seeking a high-return opportunity in a thriving market. Detailed financial information and zoning specifics are available upon request.

    Property Features for 3022 Javier Rd

    General Information

    Property type
    Medical offices
    Square Feet
    19,329 SF
    Class
    B
    Lot Size
    37,897 SF

    Building Details

    Year Built
    1982

    HighLights

    • Owner‑user opportunity with potential for positive cash flow.
    • Excellent location near Inova Fairfax Hospital.
    • New Firestone roof installed in 2020.
    • 14 HVAC units, mostly recently replaced.
    • Convenient access to I‑495, I‑66, and Route 50; high traffic area.
    • Suitable for owner‑user or value‑add investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aromatherapy spa for massage Aromatherapy Service VIP IMed Center Medical Center Eyelashes By Katie Beauty Salon Lash Avenue Beauty Salon Serenity Elder Care ... Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.234977899662
    Latitude
    38.867669533308

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    FAQs

    What type of property is this?
    Medical office - 19,329 SF Medical Office, Owner-User Potential
    Where is this medical office located?
    The property is located at 3022 Javier Rd Fairfax, VA.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: Owner-user opportunity with potential for positive cash flow.; Excellent location near Inova Fairfax Hospital.; New Firestone roof installed in 2020.
    Request Owner's contact information
    3022 Javier Rd Fairfax, VA 22031
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    Fairfax, VA 22031
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    Realmo Value Estimation

    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.

    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.

    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
    3022 Javier Rd Fairfax, VA 22031
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