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Property profile & analytics
OFF-MARKET
Estimated value
$21,485,000
Assisted living facilities
10701 Main St Fairfax, VA 22030-6904
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-0625717
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1964
Total area
70,990 SF
Lot
2.54 ac (110,468 SF)
Zoning code
COMMERCIAL OFFICE
APN
57-1-02-00-122
UPID
US87-0625717
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
-
Fairfax Nursing Center Nursing Home
-
Connie Jiang Physician
-
Jersey Mikes Restaurant
-
Ashley Carter Physician
-
Dr. Tayseer Aldaghlas Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.49M
Owner & transaction history
10701 Main Street LLC · 5 yrs held
10701 Main Street LLC
since 2020
Last sale
$21.4M
2 recorded transactions
Zoning & alternative use
COMMERCIAL OFFICE · 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
$21,570,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$27,910,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$26,960,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,960,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$21.49M
Range $19.34M – $23.63M · ±10% · vs last sale $21.44M (Nov 2 2020)
Last sale anchor
$21.44M
Nov 2 2020
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
$303 / 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
$148,028
Tax year 2023
Assessed value
$12,102,800
Assessed 2023
Previous assessed
$12,102,800
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$3,314,000
Assessed improvement
$8,788,800
Land market value
$3,314,000
Improvement market value
$8,788,800
Total market value
$12,102,800
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1964
Heating
NONE
Total area
70,990 SF
Lot
2.54 ac (110,468 SF)
Zoning code
COMMERCIAL OFFICE
APN
57-1-02-00-122
UPID
US87-0625717
Jurisdiction
FAIRFAX CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
COMMERCIAL OFFICE · Fairfax, VA
Zoning COMMERCIAL OFFICE · permitted uses
COMMERCIAL OFFICE · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$27.9M
OFFICE BUILDING
Est. value
$27.0M
AUTO REPAIR, GARAGE
Est. value
$20.0M
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Lot
2.54 ac
Current owner
From public records · entity-resolved
10701 Main Street LLC
Entity
Mailing address
10701 MAIN ST, FAIRFAX, VA 22030-6904
Ownership since
2020
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
Nov 24, 2025
—
10701 Main Street LLC
—
Deed
related
$253,286,414 · Capital Funding
Nov 2, 2020
$21,440,000
10701 Main Street LLC
Fairfax Nursing & Rehab Center LLC
Special Warranty Deed
$42,075,000 · Monticello Funding LLC
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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