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    OFF-MARKET
    Commercial real estate

    10607 Judicial Dr, Fairfax, VA 22030

    Property ID
    US87-0752237
    Property summary
    AI-generated overview

    This exceptional 1/2+ acre property in Fairfax City, Virginia (Parcel ID#: 57 3 02 008 B 2024), presents a rare opportunity for live/work or redevelopment. Located directly across from the Fairfax County Courthouse and surrounded by commercial properties, this highly desirable site boasts an ideal location. The property is currently zoned for residential use, but the City of Fairfax's Comprehensive Plan designates it for upzoning to commercial, making it ripe for future development. The existing well-maintained home offers immediate occupancy with updated features including a renovated kitchen, beautiful hardwood floors, an open floor plan, abundant natural light, three bedrooms, three full bathrooms, a game room, two offices, and ample storage. The main level features a spacious living room with a fireplace, a dining area, and an updated kitchen with basement access and a two-car garage. A sunroom connects the dining area to a deck. The finished basement includes updated luxury vinyl tile flooring, extensive storage, a laundry area, and walk-up access to the backyard. A large game or conference room with a fireplace, two additional offices, and a full bath complete the lower level. An oversized detached garage provides space for two cars and additional storage or workshop potential. A paved driveway accommodates at least five vehicles, and a shed offers storage for yard maintenance equipment. The 2023 annual taxes were $8,489, and the list price reflects the 2024 tax assessment of $849,600. This property offers significant potential for investors and developers seeking a prime location in Fairfax City.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US87-0752237
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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