Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$57,525,000
Garden apartment buildings
3887 Fairfax Rdg Rd Fairfax, VA 22030-7502
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1949882
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Total area
180,256 SF
Lot
3.32 ac (144,817 SF)
Zoning code
PDH-30(RESIDENTIAL 30 DU)
APN
056-2-01-0018-A
UPID
US87-1949882
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
-
State Builders LLC Construction Company General Contractor
-
TopPro Moving | Fairfax VA Moving Company Moving Company Storage Facility
-
Radiant Fairfax Ridge Apartments Apartment Complex
-
C King Media Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$42.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$57.53M
Owner & transaction history
Eqr Fairfax Ridge LLC · 5 yrs held
Eqr Fairfax Ridge LLC
since 2021
Last sale
$70.0M
3 recorded transactions
Zoning & alternative use
PDH-30(RESIDENTIAL 30 DU) · 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%
$46,055,000
6.5%
$42,510,000
7%
$39,475,000
Blend value · Realmo final
$57.53M
Range $51.77M – $63.28M · ±10% · vs last sale $70.00M (May 21 2021)
Last sale anchor
$70.00M
May 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
$319 / 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
$556,645
Tax year 2024
Assessed value
$48,048,750
Assessed 2024
Previous assessed
$46,570,580
+3.2% YoY
Effective rate
1.16%
On assessed value
Assessed land
$6,300,000
Assessed improvement
$41,748,750
Land market value
$6,300,000
Improvement market value
$41,748,750
Total market value
$48,048,750
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 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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Heating
NONE
Stories
4
Total area
180,256 SF
Lot
3.32 ac (144,817 SF)
Zoning code
PDH-30(RESIDENTIAL 30 DU)
APN
056-2-01-0018-A
UPID
US87-1949882
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDH-30(RESIDENTIAL 30 DU) · Fairfax, VA
Zoning PDH-30(RESIDENTIAL 30 DU) · permitted uses
PDH-30(RESIDENTIAL 30 DU) · 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
Heating
NONE
Stories
4
Lot
3.32 ac
Current owner
From public records · entity-resolved
Eqr Fairfax Ridge LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2 N RIVERSIDE PLZ STE #400, CHICAGO, IL 60606-2624
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
$70,000,000
Eqr Fairfax Ridge LLC
Wm Olayan Holdings LLC
Special Warranty Deed
—
Sep 11, 2017
—
Wm & Olayan Holdings LLC
—
Loan Modification
related
$55,000,000 · Other Institutional Lenders
Dec 26, 2013
—
Wm & Olayan Holdings LLC
Oac Fairfax LLC
Grant Deed
related
—
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 3887 Fairfax Rdg Rd?
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.
