Technical
Financial
Distress signals
Property profile

8415 Rte 29 Fairfax, VA 22031

OFF-MARKET
Auto shops
Property ID
US87-1340703
19,554 SF 1.86 ac lot Built 1946
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1946
Construction BRICK
Total area 19,554 SF
Lot 1.86 ac (80,920 SF)
Zoning code C-8(HIGHWAY COMMERCIAL)
APN 049-3-01-0042
UPID US87-1340703

Cap rate & NOI

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

Location

8415 Rte 29 Fairfax, VA 22031-2212
Fairfax metro Census 461700 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.03M
Blend (final) Blend
$7.01M

Owner & transaction history

since 2019
4 recorded transactions
2019
$12.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-8(HIGHWAY COMMERCIAL) · Fairfax, VA
Top alternative use upside
Commercial (general) $8.9M +36.1%
Office building $8.5M +29.5%
Neighborhood: shopping center $7.2M +10.4%

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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