Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Car washes
9501 Blake Ln Fairfax, VA 22031-1701
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0389341
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1971
Construction
STEEL FRAME
Total area
1,504 SF
Lot
0.48 ac (21,040 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
048-3-01-0034
UPID
US87-0389341
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
-
Planet Aid Donation Bin Charitable Organization
-
GetCoins Bitcoin ATM Crypto Atm
-
Fairfax GLOBAL Gas Station
-
Circle Convenience Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$700k
Owner & transaction history
Drake Petroleum Co INC · 11 yrs held
Drake Petroleum Co INC
since 2015
3 recorded transactions
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Fairfax, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$685,000
+36.1%
Office building
$650,000
+29.5%
Neighborhood: shopping center
$555,000
+10.4%
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
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$500,000
Current use
COMMERCIAL (GENERAL)
$685,000
Change: +36% · Conversion: Moderate
OFFICE BUILDING
$650,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$465 / 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
$24,362
Tax year 2024
Assessed value
$1,898,070
Assessed 2024
Previous assessed
$1,626,270
+16.7% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,178,240
Assessed improvement
$719,830
Land market value
$1,178,240
Improvement market value
$719,830
Total market value
$1,898,070
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,504 SF
Lot
0.48 ac (21,040 SF)
Zoning code
C-8(HIGHWAY COMMERCIAL)
APN
048-3-01-0034
UPID
US87-0389341
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-8(HIGHWAY COMMERCIAL) · Fairfax, VA
Zoning C-8(HIGHWAY COMMERCIAL) · permitted uses
C-8(HIGHWAY COMMERCIAL) · 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
AUTO REPAIR, GARAGE Current
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$685,000
OFFICE BUILDING
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$555,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
Year built
1971
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Drake Petroleum Co INC
Entity
Mailing address
15 NE INDUSTRIAL RD, BRANFORD, CT 06405-2844
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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 12, 2015
—
Drake Petroleum Co INC
—
Grant Deed
related
$1,406,950 · Bank Of America
—
—
Drake Petroleum Co INC
—
Deed Of Trust
related
$1,406,950 · Bank Of America
—
—
Drake Petroleum Co INC
—
Deed Of Trust
related
$2,997,775 · Bank Of America
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?”
You own 9501 Blake Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
