Back to Search
Property profile & analytics
FOR LEASE
Office buildings
9302 Lee Hwy Fairfax, VA 22031
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-0791376
For Lease
1 / 2
$28,900,000
9302 Lee Hwy, Fairfax, VA 22031
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
221,697 SF
Lot
6.97 ac (303,590 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
048-4-01-0001-G
UPID
US87-0791376
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$28.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$28.90M
Owner & transaction history
Vienna Metro Joint Venture LLC
Vienna Metro Joint Venture LLC
since 2026
Last sale
$28.9M
6 recorded transactions
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · 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
$28,900,000
ML approach
$28,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$28.90M
Range $26.01M – $31.79M · ±10% · vs last sale $28.90M (Nov 4 2024)
Last sale anchor
$28.90M
Nov 4 2024
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
$130 / 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
$71,980
Tax year 2024
Assessed value
$5,608,120
Assessed 2024
Previous assessed
$6,255,210
-10.3% YoY
Effective rate
1.28%
On assessed value
Assessed land
$5,608,120
Land market value
$5,608,120
Total market value
$5,608,120
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
1989
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
2
Total area
221,697 SF
Lot
6.97 ac (303,590 SF)
Zoning code
PDC(PLANNED DEV COMMERCIA
APN
048-4-01-0001-G
UPID
US87-0791376
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDC(PLANNED DEV COMMERCIA · Fairfax, VA
Zoning PDC(PLANNED DEV COMMERCIA · permitted uses
PDC(PLANNED DEV COMMERCIA · 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
1989
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
2
Lot
6.97 ac
Current owner
From public records · entity-resolved
Vienna Metro Joint Venture LLC
Entity
Free & Clear · 0 yrs held
Mailing address
383 E MADISON AVE, NEW YORK, NY 10179-0001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Vienna Metro Joint Venture LLC
Hb Route 29 Owner LLC
Deed
—
Feb 25, 2026
—
Hr Route 29 Owner LLC
Hr Route 29 Owner LLC
Deed
related
—
Nov 4, 2024
$28,900,000
Hb Route 29 Owner LLC
Hunters Branch Property LLC
Special Warranty Deed
$18,780,000 · Jpmorgan Chase Bank NA
May 8, 2023
$10,911,529
Hunters Branch Property LLC
Bcsp Hunters Branch Fee LLC
Deed In Lieu Of Foreclosure
related
—
Dec 19, 2012
$15,074,700
Bcsp Hunters Branch Fee LLC
Marriott,j Willard JR & Richard E
Grant Deed
—
Dec 19, 2012
$103,925,300
Bcsp Hunters Branch Lessee LLC
Hunters Branch Partners LLC
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
