Property profile

4084 University Dr Fairfax, VA 22030

FOR SALE
Office buildings
Property ID
US87-0301651
33,220 SF 1.03 ac lot Built 1973
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story, 33,000 square foot Class B office building, situated on one acre of land in Fairfax City, Virginia (APN: 57-4-02-044-A), presents a unique investment opportunity. Built in 1973 and renovated in 2005, the property offers a blend of modern amenities and classic charm. The building features 6804 total suites, with 6,804 square feet currently vacant, divisible into spaces ranging from 811 to 5,991 contiguous square feet, making it ideal for a variety of tenants. The property is zoned C-1 and boasts 155 parking spaces and elevators for convenient access. Its prime location in the Fairfax City submarket, near the courthouse, City Hall, restaurants, and retail shops, provides unparalleled convenience and accessibility. This multi-tenant building is perfect for medical offices or traditional office users seeking a well-maintained space in a thriving urban environment. The property's convenient location and flexible space options make it an attractive proposition for businesses of all sizes. The building's features include ample parking and easy access to major transportation routes.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 33,220 SF
Lot 1.03 ac (44,867 SF)
Zoning code COMMERCIAL OFFICE
APN 57-4-02-00-044-A
UPID US87-0301651

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Title Company
  • Physician
  • Law Firm
  • Law Firm

Location

4084 University Dr Fairfax, VA 22030
Fairfax metro Census 300500 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.30M
Comparable Approach Comparable
$9.24M
Blend (final) Blend
$3.87M

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2017
$5.1M

Zoning & alternative use

COMMERCIAL OFFICE · Fairfax, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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