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Property profile & analytics
OFF-MARKET
Estimated value
$11,500,000
Hotels
3997 Fair Rdg Dr Fairfax, VA 22033-2906
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0600643
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
STEEL FRAME
Total area
42,212 SF
Lot
3.73 ac (162,367 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
046-3-17-0003
UPID
US87-0600643
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
-
Extended Stay America - Washington, D.C. - Fairfax Hotel & Motel Vacation Rental
-
Wilfredo Roldán Hotel & Motel
-
SitesPower High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.14M
Blend (final)
Blend
$11.50M
Owner & transaction history
Board Of Supervisors Of Fairfax Cou · 1 yrs held
Board Of Supervisors Of Fairfax Cou
since 2025
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Fairfax, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.9M
+116.9%
Neighborhood: shopping center
$15.6M
+111.8%
Industrial (general)
$14.4M
+95.4%
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
$11,980,000
ML approach
$9,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,350,000
Current use
OFFICE BUILDING
$15,940,000
Change: +117% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,565,000
Change: +112% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$14,360,000
Change: +95% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,095,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$11.50M
Range $10.35M – $12.65M · ±10% · vs last sale $14.50M (May 21 2025)
Last sale anchor
$14.50M
May 21 2025
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
$272 / 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
$41,527
Tax year 2024
Assessed value
$5,060,600
Assessed 2024
Previous assessed
$3,720,300
+36.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$2,162,000
Assessed improvement
$2,898,600
Land market value
$2,162,000
Improvement market value
$2,898,600
Total market value
$5,060,600
Applied tax rate
9.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
3
Total area
42,212 SF
Lot
3.73 ac (162,367 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
046-3-17-0003
UPID
US87-0600643
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Fairfax, VA
Zoning PDC(PLANNED DEV COMMERCIA · permitted uses
PDC(PLANNED DEV COMMERCIA · 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
HOTEL/MOTEL Current
Est. value
$7.4M
OFFICE BUILDING
Est. value
$15.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.6M
INDUSTRIAL (GENERAL)
Est. value
$14.4M
AUTO REPAIR, GARAGE
Est. value
$14.1M
HOTEL/MOTEL Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
Year built
1999
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
3
Lot
3.73 ac
Current owner
From public records · entity-resolved
Board Of Supervisors Of Fairfax Cou
Individual
Mailing address
3700 PENDER DR, FAIRFAX, VA 22030-6039
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2025
—
Board Of Supervisors Of Fairfax Cou
Fairfax Cnty Redevelopment & Hsng A
Deed
related
—
Aug 22, 2024
$14,500,000
Fairfax Cnty Redevelopment & Hsng A
Esa P Portfolio LLC
Special Warranty Deed
—
Jun 25, 2021
—
Esa P Portfolio LLC
—
Deed
related
$465,000,000 · Jpmorgan Chase Bank NA
Jan 8, 2013
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
Aug 8, 2007
—
Esa 2005 Portfolio LLC
—
Deed Of Trust
related
—
Jun 14, 2005
$9,109,348
Bre Of Esa 2005 Portfolio LLC
Fair Oaks Sierra Associates
Grant Deed
—
—
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
—
—
Bre Of Esa 2005 Portfolio LLC
—
Deed Of Trust
related
—
—
—
Fair Oaks Sierra Associates LP
—
Deed Of Trust
related
$1,000,000 · Hypo Real Estate Capital Corp A:kronish Lieb Wei
—
—
Bre Of Esa 2005 Portfolio LLC
—
Deed Of Trust
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.
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