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Property profile & analytics
FOR LEASE
Office buildings
3130 Fairview Park Dr, Falls Church, VA 22042
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0082830
For Lease
1 / 2
$30,195,000
3130 Fairview Park Dr, Falls Church, VA 22042
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
STEEL FRAME
Total area
197,804 SF
Lot
6.31 ac (274,687 SF)
Zoning code
PDC(COM/INDUST/RETAIL)
APN
059-2-26-0004
UPID
US87-0082830
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
-
Legum & Norman Inc Property Management Company
-
Fast Potomac Yard Freight Service Logistics Company
-
BCMC, LLC Tech Support Center (Bike/Boat/Book/etc) Store
-
VetAdvisor®, LLC Physician
-
Arizona College of Nursing - Falls Church Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$30.20M
Owner & transaction history
Fairview Property Corp · 6 yrs held
Fairview Property Corp
since 2019
4 recorded transactions
Zoning & alternative use
PDC(COM/INDUST/RETAIL) · Falls Church, 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 Falls Church submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Church 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$153 / 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
$436,267
Tax year 2024
Assessed value
$33,494,550
Assessed 2024
Previous assessed
$22,488,520
+48.9% YoY
Effective rate
1.30%
On assessed value
Assessed land
$5,455,220
Assessed improvement
$28,039,330
Land market value
$5,455,220
Improvement market value
$28,039,330
Total market value
$33,494,550
Applied tax rate
5.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1999
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
8
Total area
197,804 SF
Lot
6.31 ac (274,687 SF)
Zoning code
PDC(COM/INDUST/RETAIL)
APN
059-2-26-0004
UPID
US87-0082830
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDC(COM/INDUST/RETAIL) · Falls Church, VA
Zoning PDC(COM/INDUST/RETAIL) · permitted uses
PDC(COM/INDUST/RETAIL) · Falls Church, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Church. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
8
Lot
6.31 ac
Current owner
From public records · entity-resolved
Fairview Property Corp
Entity
Free & Clear · 6 yrs held
Mailing address
505 HUNTMAR PARK DR STE #245, HERNDON, VA 20170-5169
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2019
$22,000,000
Fairview Property Corp
Caring 3130 Investor LLC
Grant Deed
—
Sep 3, 2019
—
Caring 3130 Investor LLC
3130 Fairview LLC
Quit Claim Deed
related
—
Jan 3, 2012
—
3130 Fairview LLC
Brandywine Acquisition Ptrs LP
Grant Deed
$28,000,000 · Connecticut General Life Ins
Jul 24, 2006
$305,000
Ryan Homes
Northern Virginia Land Co Lc
Grant Deed
—
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?”
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