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Prime 6.45-acre Lot of Raw Land in NoVA 10270 Fairfax blvd

6.45 Acres of Commercial Land Online Auction Sale Fairfax, VA 22030

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Investment Highlights

  • 10270 Fairfax Boulevard is a 6.45-acre lot of raw land, zoned for commercial retail, offering flexibility for development in Northern Virginia.
  • Zoning allows for various uses, including office, general business, and retail, making it ideal for developers.
  • Surrounded by national retailers such as CVS, The Home Depot, and Wegmans, the area already attracts strong foot traffic and consumer spending.
  • Fronting US 50 with visibility to over 40K daily vehicles, the asset benefits from its central location, providing unparalleled access and exposure.
  • Easy access to major highways like Chain Bridge, I-66, and I-495, with Dulles Int'l Airport just 25 minutes away, offering excellent connectivity.
  • With over 267,000 residents in a 5-mile radius and a median household income of $151,000, this location offers an affluent consumer base.

Executive Summary

10270 Fairfax Boulevard is a 6.45-acre lot of raw land, included in commercial development in Northern Virginia. Fronting US 50 with visibility to over 40K daily vehicles, the asset benefits from its central location, providing unparalleled access and exposure area. This prime land presents an incredible opportunity for investors or developers to shape the future of one of Northern Virginia’s most sought-after locations.

The property boasts convenient access to key infrastructure, including Chain Bridge and Interstates 66 and 495, ensuring smooth connectivity for commuters and customers. Nearby national retailers such as CVS Pharmacy, The Home Depot, Wegmans, and Chick-fil-A draw traffic to the area, making it an ideal location for retail or mixed-use development. Furthermore, Dulles International Airport is just a 25-minute drive away, enhancing the appeal for businesses seeking accessibility. The proximity to various shopping, dining, and entertainment options makes this site highly desirable for future growth.

Fairfax is part of a vibrant market with over 267,000 residents living within a 5-mile radius, boasting a median household income of over $151,000 and an annual consumer spending of $4.3 billion. This affluent and educated population — 67% with a bachelor’s degree or higher— makes the area an attractive target for retail and commercial developments. Located less than 20 miles from Washington, DC, Fairfax offers suburban tranquility while being a short drive from the nation’s capital. 10270 Fairfax Boulevard offers prime raw land with limitless potential in a rapidly growing market.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Property Type Land
Property Subtype Commercial
Sale Type Investment
Total Lot Size 6.45 AC
Sale Conditions Auction Sale

1 Lot Available

Lot

Lot Size 6.45 AC

Raw land with frontage on Lee Highway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
47-4-02-02-000-B
Land Assessment
$589,300
Improvements Assessment
$0
Total Assessment
$589,300

zoning

Zoning Code Commercial Retail (Areas for office and general business and retail establishments)
Commercial Retail (Areas for office and general business and retail establishments)

About the Seller

Read More

About the Auction Platform

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More

Auction Contact

Mary Humphreys
Auctioneer License: Ten-X Jessica Anne Figueroa RE Brkr 0226033409
  • Listing ID: 33463435

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 10270 Fairfax blvd, Fairfax, VA 22030

Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount Transaction Fee
$0m to < $1m 5.00% ($20,000 min)
$1m to < $3m 3.00%
$3m to < $5m 2.50%
$5m to < $10m 2.25%
$10m to < $15m 2.00%
$15m to < $25m 1.75%
$25m to < $35m 1.50%
$35M to < $45M 1.00%
$45M to < $55M 0.75%
$55M and Up 0.50%
Example Calculation
Winning Bid Amount $4,000,000 Transaction Fee $100,000 (2.5%) Total Purchase Price $4,100,000

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