Individually Owned Property summary
AI-generated overview
This exceptional fee-simple executive office townhome, located at 4116 Leonard Dr in Fairfax, Virginia (22030), presents a unique investment opportunity. Boasting 2,808 square feet of net rentable space, this three-level property offers unparalleled flexibility and convenience. Built in 1981 and zoned CL, the townhome features elegant hardwood floors throughout, creating a sophisticated and professional atmosphere. With dual entrances, the layout easily accommodates various office configurations, including private offices and a conference room. Ample parking is provided with 30 dedicated spaces. The property's prime location offers the advantage of being within walking distance of the Fairfax County Courthouse and other downtown amenities. The asking price is $525,000, translating to $186.97 per square foot. The property is available for occupancy commencing May 26, 2024. This is an ideal opportunity for businesses seeking a prestigious and well-located office space, allowing for customization to meet specific operational needs. The property's APN is 57 3 12 002. This multi-unit property offers a single unit for sale.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1981
Total area
2,808 SF
Zoning code
COMMERCIAL LIMITED
APN
57-3-12-00-002
UPID
US87-1286516
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$480k
Owner & transaction history
since 2024
Last sale
$480,000
1 recorded transaction
Zoning & alternative use
COMMERCIAL LIMITED · Fairfax, VA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$480k
Value range
$432k – $528k
±10% around blend
Estimated value / SF
$171 / SF
Confidence
High
6 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
60
$432k
blend $480k
$528k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,808 SF
Year built
1981
APN
57-3-12-00-002
Zoning
COMMERCIAL LIMITED
Assessed value
$505,000
Annual tax
$5,833
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$884k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.9 mi away · 2,016 SF
6.4 mi away · 2,080 SF
7.5 mi away · 2,626 SF
8.4 mi away · 1,986 SF
9.8 mi away · 3,219 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$480k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 116 sales
$429
-60%
Submarket 265 sales
$378
-55%
County 118 sales
$453
-62%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $171/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$480k
Move the market yield to see immediate price impact.
Value / SF
$171
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$30k
$605k
$432k
$336k
$34k
$672k
$480k
$373k
$37k
$739k
$528k
$411k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$435k
3.9 mi · Dec 2025 · $165/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,833
Tax year 2024
Assessed value
$505,000
Assessed 2024
Previous assessed
$505,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$111,700
Assessed improvement
$393,300
Land market value
$111,700
Improvement market value
$393,300
Total market value
$505,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1981
Heating
NONE
Total area
2,808 SF
Zoning code
COMMERCIAL LIMITED
APN
57-3-12-00-002
UPID
US87-1286516
Jurisdiction
FAIRFAX CITY
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
COMMERCIAL LIMITED · Fairfax, VAZoning COMMERCIAL LIMITED · permitted uses
COMMERCIAL LIMITED · Fairfax, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
COMMERCIAL LIMITED
Jurisdiction
Fairfax, VA
Recorded code
COMMERCIAL LIMITED
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for COMMERCIAL LIMITED in Fairfax, VA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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