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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
Retail space
10426 Main St Fairfax, VA 22030-3301
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3981108
Property summary
AI-generated overview
This exceptional investment opportunity presents a 22,000 square foot, free-standing retail building located at 10426 Main Street in Fairfax, Virginia. The property boasts three units, each operating under a triple-net (NNN) lease, resulting in 100% occupancy. Built in 1955 and extensively renovated in 2021, including a new roof and HVAC systems, this two-story building offers a blend of historic charm and modern functionality. The property sits on a 0.32-acre lot and includes 25 parking spaces. Currently generating a net operating income (NOI) of $471,618, this investment offers a compelling 6.25% capitalization rate. The asking price is $7,550,000, translating to $343.18 per square foot. Situated in the heart of Downtown Fairfax City's business district within the Washington, D.C. metro area, and zoned for commercial retail use, this property presents a stable and high-performing asset ideal for investors seeking a strong return. The property's strong financial performance, prime location, and recent renovations make it a highly desirable investment opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
19,489 SF
Lot
0.33 ac (14,183 SF)
Zoning code
COMMERCIAL RETAIL
APN
57-4-02-00-101
UPID
US87-3981108
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
Current use
Occupant on record · Public records
-
Concrete installation Service - Concrete Walkway Contractors, Driveway Service, Concrete Resurfacing DC - MD - VA Construction Company General Contractor
-
Commonwealth Brewing Company Production Facility Brewery & Distillery
-
Commonwealth Brewing Co FFX Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.94M
Blend (final)
Blend
$2.96M
Owner & transaction history
Fairfax Building Associates · 20 yrs held
Fairfax Building Associates
since 2005
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
$2,985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±10%
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
$152 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,678
Tax year 2023
Assessed value
$2,261,500
Assessed 2023
Previous assessed
$2,261,500
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$709,200
Assessed improvement
$1,552,300
Land market value
$709,200
Improvement market value
$1,552,300
Total market value
$2,261,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Heating
NONE
Total area
19,489 SF
Lot
0.33 ac (14,183 SF)
Zoning code
COMMERCIAL RETAIL
APN
57-4-02-00-101
UPID
US87-3981108
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
1955
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
Fairfax Building Associates
Entity
Mailing address
5910 COLCHESTER RD, FAIRFAX, VA 22030-6419
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
May 1, 2018
—
9917 Joint Venture LLC
—
Deed
related
$1,150,000 · Fvcbank
Oct 17, 2005
$2,000,000
Fairfax Building Associates
City Of Fairfax Economic
Special Warranty Deed
$1,600,000 · Access National 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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