Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3930 Pender Dr Fairfax, VA 22030
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3930 Pender Dr Fairfax, VA 22030

    View on Map
    • Office properties & Spaces
    • 1,220 SF
    For Lease
    $4,500/Mo
    View Listing →
    Move-in Ready Fairfax Office Suite For Lease
    $4,500/Mo

    Move-in Ready Fairfax Office Suite

    First-floor office suite with abundant natural light and flexible layout.

    3930 PENDER Drive, Fairfax, VA 22030
    View Listing
    Property ID
    US87-0056090
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $515,000
    Cap Rate Potential
    7.1%
    Office properties & Spaces
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 3930 Pender Dr

    Property size
    1,220 SF
    Zone code
    I-5(INDUSTRIAL GENERAL)
    Property type
    Office properties & Spaces
    APN
    056-2-28-0180
    APU
    562280180

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $350,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $410,000
      6.5%
      $380,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $613,000
      Market price range: $336k - $614k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $525,000
      Current use
      COMMERCIAL (GENERAL)
      $555,000
      Change: +6% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $450,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.3342
    Latitude
    38.8605
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,872
    $91,500
    $366,000
    $457,500
    -
    $91,500
    $366,000
    $457,500

    Comparable in this City

    • Value Estimation by Request
      0.92 Acres

      4309 Chancery Park Dr

      OFFICE (GENERAL) • 0.92 Acres
      4309 Chancery Park Dr, Fairfax, VA 22030-8133
      View Details
    • Value Estimation by Request
      0.63 Acres

      School St

      OFFICE (GENERAL) • 0.63 Acres
      School St, Fairfax, VA 22030
      View Details
    • Value Estimation by Request
      1.69 Acres

      Cmn Ground

      OFFICE (GENERAL) • 1.69 Acres
      Cmn Ground, Fairfax, VA 22030
      View Details
    • Value Estimation by Request
      0.62 Acres

      Cmn Groundc

      OFFICE (GENERAL) • 0.62 Acres
      Cmn Groundc, Fairfax, VA 22030
      View Details
    • Value Estimation by Request
      917 SF

      4242 Chain Brg Rdd

      CONDOMINIUM OFFICES • 917 SF
      4242 Chain Brg Rdd, Fairfax, VA 22030-8145
      View Details
    • Value Estimation by Request

      11211 Waples Ml Rd Ste, Unit 310

      CONDOMINIUM OFFICES
      11211 Waples Ml Rd Ste, Fairfax, VA 22030-7406
      View Details

    Similar Nearby for Sale

    • $285,100
      1,274 SF

      Fairfax Office Space: Prime Location

      Efficient Office Suite, Abundant Light
      3839 Plaza Dr, Fairfax, VA 22030
      View Details
    • $960,000
      3,202 SF

      Fairfax Office Space: 3202 sq ft

      Prime Fairfax office, 3202 sq ft, $960,000.
      3930 Walnut St, Fairfax, VA 22030
      View Details
    • Contact for pricing

      Fairfax Office Suite - 1452 SF

      Prime Fairfax location, full-service lease, ample parking.
      3975 University Dr, Fairfax, VA 22030
      View Details
    • $552,000

      City of Fairfax Office Condo

      Office condo near Fairfax County Judicial Center and George Mason.
      3923 Blenheim Blvd #62C, Fairfax, VA 22030
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      33,220 SF

      Fairfax City Office Space

      Prime Fairfax location, flexible suites available.
      4084 University Dr, Fairfax, VA 22030
      View Details
    • $27 SF/Yr
      3,410 SF

      Gatewood Plaza Executive Offices

      Prime Fairfax, VA Office Suites
      10201 Fairfax Blvd, Fairfax, VA 22030
      View Details
    • $2,868 /Mo

      Fairfax City Office Space Available

      Office space for lease in Fairfax City near shops.
      3975 University Dr, Fairfax, VA 22030
      View Details
    • $3,970 /Mo

      Office Space with Full Service

      Office space for lease with utilities and daily cleaning included.
      3975 University Dr, Fairfax, VA 22030
      View Details
    • Contact for pricing

      Fairfax Office with Flexible Use

      Versatile Fairfax office space suitable for various commercial uses.
      10614 Warwick Ave, Fairfax, VA 22030
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3930 Pender Dr
    Fairfax, VA 22030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!