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Property profile & analytics
OFF-MARKET
Estimated value
$25,740,000
Office buildings
3924 Pender Dr Fairfax, VA 22030-0971
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2007687
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
99,909 SF
Lot
6.89 ac (300,196 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
047-3-01-0058-B
UPID
US87-2007687
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$31.04M
Comparable Approach
Comparable
$27.07M
Blend (final)
Blend
$25.74M
Owner & transaction history
Five Oaks Properties LLC · 5 yrs held
Five Oaks Properties LLC
since 2020
Last sale
$25.1M
2 recorded transactions
Zoning & alternative use
I-5(INDUSTRIAL GENERAL) · 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
$23,880,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$33,620,000
6.5%
$31,035,000
7%
$28,820,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$42,895,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$36,835,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$25.74M
Range $23.17M – $28.31M · ±10% · vs last sale $25.10M (Oct 19 2020)
Last sale anchor
$25.10M
Oct 19 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
$258 / 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
$147,118
Tax year 2024
Assessed value
$11,462,240
Assessed 2024
Previous assessed
$13,843,160
-17.2% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,798,360
Assessed improvement
$9,663,880
Land market value
$1,798,360
Improvement market value
$9,663,880
Total market value
$11,462,240
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
99,909 SF
Lot
6.89 ac (300,196 SF)
Zoning code
I-5(INDUSTRIAL GENERAL)
APN
047-3-01-0058-B
UPID
US87-2007687
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
$42.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$36.8M
OFFICE BUILDING Current
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
Five Oaks Properties LLC
Entity
Mailing address
2638 5TH OAKS RD, VIENNA, VA 22181-5435
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
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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