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Property profile & analytics
FOR LEASE
Office buildings
8500 Executive Park Ave Fairfax, VA 22031
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1312018
For Lease
1 / 4
$25 SF/Yr
8500 Executive Park Ave, Fairfax, VA 22031
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
56,843 SF
Lot
2.23 ac (97,041 SF)
Zoning code
C-3(OFFICE)
APN
049-3-21-0004
UPID
US87-1312018
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
-
Pediatric Cardiology Associates Hospital
-
Richard C. Baither, PHD Physician Medical Clinic
-
Novapsy Psychiatrist Physician Medical Clinic
-
Northern Virginia Psychiatric: Wall Tara PHD Physician Medical Clinic
-
Robert Castino, PHD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.26M
Owner & transaction history
Executive Triangle LLC · 1 yrs held
Executive Triangle LLC
since 2025
Last sale
$7.9M
3 recorded transactions
Zoning & alternative use
C-3(OFFICE) · Fairfax, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$6,485,000
ML approach
$6,840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.26M
Range $6.53M – $7.98M · ±10% · vs last sale $7.85M (Jan 31 2025)
Last sale anchor
$7.85M
Jan 31 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
$128 / 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
$93,898
Tax year 2024
Assessed value
$7,315,740
Assessed 2024
Previous assessed
$7,834,280
-6.6% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,648,450
Assessed improvement
$5,667,290
Land market value
$1,648,450
Improvement market value
$5,667,290
Total market value
$7,315,740
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
For Lease
Year built
1984
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
4
Total area
56,843 SF
Lot
2.23 ac (97,041 SF)
Zoning code
C-3(OFFICE)
APN
049-3-21-0004
UPID
US87-1312018
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.
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
4
Lot
2.23 ac
Current owner
From public records · entity-resolved
Executive Triangle LLC
Entity
Mailing address
8321 OLD COURTHOUSE RD STE #300, VIENNA, VA 22182-3817
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$7,850,000
Executive Triangle LLC
8500 Executive Park L C
Deed
$5,500,000 · American United Life Insurance Comp
Sep 28, 2017
—
Executive Park Lc
—
Deed
related
$5,500,000 · Miscellaneous Ins Co
—
—
Executive Park Lc
—
Deed Of Trust
related
$5,500,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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