Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$96,235,000
Garden apartment buildings
12105 Polo Dr Fairfax, VA 22033-4014
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0421487
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1987
Construction
FRAME
Total area
484,415 SF
Lot
13.53 ac (589,415 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
046-3-01-0036-C
UPID
US87-0421487
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
-
Pave Right Paving And Masonry General Contractor
-
Halstead Fair Oaks Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$111.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$96.24M
Owner & transaction history
Polo Drive Owner LLC · 5 yrs held
Polo Drive Owner LLC
since 2021
Last sale
$108.2M
7 recorded transactions
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$120,850,000
6.5%
$111,555,000
7%
$103,585,000
Blend value · Realmo final
$96.24M
Range $86.61M – $105.86M · ±10% · vs last sale $108.20M (Jan 21 2021)
Last sale anchor
$108.20M
Jan 21 2021
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
$199 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,597,942
Tax year 2024
Assessed value
$137,931,940
Assessed 2024
Previous assessed
$127,430,570
+8.2% YoY
Effective rate
1.16%
On assessed value
Assessed land
$20,622,000
Assessed improvement
$117,309,940
Land market value
$20,622,000
Improvement market value
$117,309,940
Total market value
$137,931,940
Applied tax rate
80,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
4
Total area
484,415 SF
Lot
13.53 ac (589,415 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
046-3-01-0036-C
UPID
US87-0421487
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Fairfax, VA
Zoning PDC(PLANNED DEV COMMERCIA · permitted uses
PDC(PLANNED DEV COMMERCIA · 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
1987
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Lot
13.53 ac
Current owner
From public records · entity-resolved
Polo Drive Owner LLC
Entity
Mailing address
341 NEWBURY ST #5, BOSTON, MA 02115-2710
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2021
$134,100
Polo Drive Owner LLC
Fair Oaks Polo Drive II LLC
Special Warranty Deed
related
$94,110,000 · Cbre Capital Markets INC
Jan 21, 2021
—
Polo Drive Owner LLC
—
Deed
related
$94,110,000 · Cbre Cap Markets
Jul 30, 2019
—
Fair Oaks Polo Drive II LLC
—
Grant Deed
related
$70,000,000 · Capital One NA
Aug 4, 2014
$108,200,000
Fair Oaks Polo Drive II LLC
Avalon II Virginia Value I LP
Grant Deed
$70,000,000 · Capital One Multifamily Financ
Nov 16, 2009
$71,000,000
Virginia Value I Avalon II
Crea-hermitage Apartments LLC
Grant Deed
—
—
—
Virginia Value I LP Avalon II
—
Deed Of Trust
related
$42,600,000 · Wells Fargo Bank
—
—
Polo Drive Owner LLC
—
Deed Of Trust
related
$94,110,000 · Cbre Cap Markets
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12105 Polo Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
