11130 Fairfax BlvdFairfax, VA 22030

Property Details for 11130 Fairfax Blvd

Year built

1986

Lot size

0.84 AC

Property size (Sq ft)

29,925 SF

Zone code

COMMERCIAL RETAIL

Property type

Office buildings

APN

57-1-02-00-038

APU

5710200038

Description

This exceptional office suite, located at 11130 Fairfax Blvd in Fairfax, VA, offers 3022 square feet of meticulously updated space. Boasting a prime location with convenient access to I-66, this suite is ideal for businesses seeking a prestigious address. The suite features a thoughtfully designed layout, including seven private offices, perfect for individual work or team collaboration. A welcoming reception area sets the tone for client interactions, while a convenient kitchenette caters to employee needs. Three expansive open work/greeting areas provide flexible space for various functions, fostering a dynamic and productive environment. Large windows spanning a corner of the building flood the space with abundant natural light, creating a bright and airy atmosphere. High-end finishes, including recently installed luxury flooring, elevate the overall aesthetic. The suite's proximity to I-66 ensures easy commuting for employees and clients. Furthermore, its location offers the convenience of being within walking distance of a diverse array of dining, shopping, and banking options. Ample parking is available on-site, adding to the overall convenience and appeal of this exceptional property. The suite can be combined with an adjoining suite to create a larger space totaling 5887 square feet, providing significant expansion potential for growing businesses. This is a truly remarkable opportunity to secure a sophisticated and well-appointed office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,517,160

  6.5%

  $6,938,920

  7%

  $6,443,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,878,490

  Geo Method

  $2,878,490

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $13,666,700

  Retail / Commercial

  $7,007,130

  Mixed-Use / Specialty

  $6,981,290

  Hospitality / Lodging

  $5,120,830

  Institutional / Educational

  $7,257,420

  Residential Income

  $8,491,180

  Multifamily

  $10,188,600

  Automotive / Energy

  $6,220,640

  Parking / Income-Based Land

  $2,147,520

  Restaurant / Food Service

  $3,629,190

  Healthcare / Senior Housing

  $7,160,060

Location Insight

City

Fairfax

County

Fairfax City

State

Virginia

Latitude

38.8552

Longitude

-77.3284

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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