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Property profile & analytics
OFF-MARKET
Estimated value
$34,705,000
Office buildings
8316 Arlington Blvd Fairfax, VA 22031-5207
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3607873
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
104,022 SF
Lot
1.43 ac (62,136 SF)
Zoning code
C-3(OFFICE)
APN
049-3-22-0002-C
UPID
US87-3607873
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
-
Inova Children's Hospital Electrophysiology Medical Group Cardiologist
-
Premier Smiles Dental Office
-
Fairfax Dental Group Dental Office
-
Comprehensive Neuropsychology, LLC Physician
-
Roselle Russell T DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$32.32M
Comparable Approach
Comparable
$40.77M
Blend (final)
Blend
$34.71M
Owner & transaction history
Cnl Retirement Mop Fairfax Va LP · 22 yrs held
Cnl Retirement Mop Fairfax Va LP
since 2004
1 recorded transaction
Zoning & alternative use
C-3(OFFICE) · Fairfax, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$47.3M
+5.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$35,005,000
6.5%
$32,315,000
7%
$30,005,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$44,970,000
Current use
COMMERCIAL (GENERAL)
$47,250,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$38,350,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$34.71M
Range $31.23M – $38.18M · ±10%
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
$334 / 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
$279,980
Tax year 2024
Assessed value
$21,813,760
Assessed 2024
Previous assessed
$24,417,810
-10.7% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,818,500
Assessed improvement
$19,995,260
Land market value
$1,818,500
Improvement market value
$19,995,260
Total market value
$21,813,760
Applied tax rate
7.0000
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
Off-Market
Heating
NONE
Stories
6
Total area
104,022 SF
Lot
1.43 ac (62,136 SF)
Zoning code
C-3(OFFICE)
APN
049-3-22-0002-C
UPID
US87-3607873
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-3(OFFICE) · Fairfax, VA
Zoning C-3(OFFICE) · permitted uses
C-3(OFFICE) · 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
OFFICE BUILDING Current
Est. value
$45.0M
COMMERCIAL (GENERAL)
Est. value
$47.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Stories
6
Lot
1.43 ac
Current owner
From public records · entity-resolved
Cnl Retirement Mop Fairfax Va LP
Entity
Free & Clear · 22 yrs held
Mailing address
1920 MAIN ST STE #1200, IRVINE, CA 92614-7230
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2004
$25,143,136
Cnl Retirement Mop Fairfax Va LP
Hcfp Reit-yorktown 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.
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