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Property profile & analytics
OFF-MARKET
Estimated value
$21,425,000
Office buildings
3922 Pender Dr Fairfax, VA 22030-0967
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1986591
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
74,967 SF
Lot
6.89 ac (300,059 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
047-3-01-0058-A
UPID
US87-1986591
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
-
Idea Business Management Consultant
-
Five By Five Interior Design Home Decor Store
-
Kerxton Insurance Inc Insurance Agency
-
Orme Brad Electronics & Wireless Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.29M
Comparable Approach
Comparable
$20.31M
Blend (final)
Blend
$21.43M
Owner & transaction history
Commonwealth Of Virginia · 3 yrs held
Commonwealth Of Virginia
since 2022
Last sale
$16,000
3 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Fairfax, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$34.1M
+5.8%
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%
$25,230,000
6.5%
$23,290,000
7%
$21,625,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$32,185,000
Current use
COMMERCIAL (GENERAL)
$34,050,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$27,640,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$21.43M
Range $19.28M – $23.57M · ±10% · vs last sale $16k (Oct 14 2022)
Last sale anchor
$16k
Oct 14 2022
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
$286 / 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
$114,790
Tax year 2024
Assessed value
$8,943,480
Assessed 2024
Previous assessed
$10,434,750
-14.3% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,349,220
Assessed improvement
$7,594,260
Land market value
$1,349,220
Improvement market value
$7,594,260
Total market value
$8,943,480
Applied tax rate
8.0000
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
Off-Market
Heating
NONE
Stories
1
Total area
74,967 SF
Lot
6.89 ac (300,059 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
047-3-01-0058-A
UPID
US87-1986591
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · Fairfax, VA
Zoning I-5(INDUSTRIAL GENERAL) · permitted uses
I-5(INDUSTRIAL GENERAL) · 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
OFFICE BUILDING Current
Est. value
$32.2M
COMMERCIAL (GENERAL)
Est. value
$34.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$27.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Stories
1
Lot
6.89 ac
Current owner
From public records · entity-resolved
Commonwealth Of Virginia
Individual
Free & Clear · 3 yrs held
Mailing address
2638 5TH OAKS RD, VIENNA, VA 22181-5435
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 14, 2022
$16,000
Commonwealth Of Virginia
Five Oaks Properties LLC
Deed
—
Oct 19, 2020
$25,100,000
Five Oaks Properties LLC
Gpt Properties Trust
Special Warranty Deed
$17,300,000 · Summit Community Bank
Nov 5, 2013
$31,500,000
Gpt Properties Trust
Rkb Pender LLC
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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