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Property profile & analytics
FOR LEASE
Office buildings
3949 Pender Dr Fairfax, VA 22030
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3977840
For Lease
1 / 2
$20 SF/Yr
3949 Pender Dr, Fairfax, VA 22030
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
STEEL FRAME
Total area
177,738 SF
Lot
11.02 ac (479,879 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
057-1-01-0010
UPID
US87-3977840
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
-
PS Business Parks Real Estate Agency
-
Children's Science Center Museum
-
PrimeTech School Vocational School Training Center
-
Hunter Mill Estates Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tpc Freedom I Lc · 4 yrs held
Tpc Freedom I Lc
since 2022
Last sale
$19.9M
5 recorded transactions
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$165,129
Tax year 2024
Assessed value
$12,865,560
Assessed 2024
Previous assessed
$15,190,170
-15.3% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,742,290
Assessed improvement
$11,123,270
Land market value
$1,742,290
Improvement market value
$11,123,270
Total market value
$12,865,560
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
For Lease
Year built
1981
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
3
Total area
177,738 SF
Lot
11.02 ac (479,879 SF)
Zoning code
I-4(INDUST MEDIUM INTENSI
APN
057-1-01-0010
UPID
US87-3977840
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
I-4(INDUST MEDIUM INTENSI · Fairfax, VA
Zoning I-4(INDUST MEDIUM INTENSI · permitted uses
I-4(INDUST MEDIUM INTENSI · 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
Year built
1981
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Lot
11.02 ac
Current owner
From public records · entity-resolved
Tpc Freedom I Lc
Individual
Free & Clear · 4 yrs held
Mailing address
12500 FAIR LKS CIR STE #400, FAIRFAX, VA 22033-3804
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
Tpc Freedom I LLC
—
Deed
related
$22,000,000 · Hingham Institution For Savings
May 16, 2022
$19,884,000
Tpc Freedom I Lc
Revx 098 LLC
Special Warranty Deed
—
Jun 11, 2004
$22,875
Revx-098 LLC
Asp Fairfax LLC
Grant Deed
—
Jun 11, 2004
$22,375,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Jun 9, 2004
$22,000,000
Revx-098 LLC
Asp Fairfax 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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