Fairfax, VA
Commercial Real Estate Market Trends & Data

$278 Avg asking sale price
$168 Avg asking lease rate
13,790 SF Avg unit lease size
24,577 SF Avg building size for sale
7.92% Average cap rate

Fairfax's Demographic Profile

Fairfax has 9,307 households and a median income of $127,775, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 25,539
# Households 9,307
Median age 40
Median household income $127,775
Avg household size 3.0
Renter-occupied housing units 2,690
5-year population change +6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fairfax, VA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Fairfax $266 26,011 SF 12.05%
Oakton $347 44,795 SF 10.02%
Burke $178 19,441 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Fairfax $578 8,877 SF
Oakton $533 9,100 SF
Merrifield $853 4,918 SF
Vienna $490 2,450 SF
Annandale $514 4,082 SF

Commercial Properties For Sale in Fairfax

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Fifty West Corporate Center Phase 2

Fairfax, VA 22033

  • 203,440 SF Office Building
  • 12.05% Cap Rate
  • $27,500,000
For Sale

Judicial Court

Fairfax, VA 22030

  • 21,000 SF Office Building
  • $244,999
For Sale

Walnut Street Center

Fairfax, VA 22030

  • 9,330 SF Office Building
  • $825,000
For Sale

Professional Center of Fairfax

Fairfax, VA 22030

  • 45,000 SF Office Building
  • $295,000
For Sale

Two-Unit Office Condo

Fairfax, VA 22030

  • 38,775 SF Office Building
  • $310,000 - $315,000
For Sale

10470-10476 Armstrong St

Fairfax, VA 22030

  • 9,102 SF Office Building
  • $865,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fairfax pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fairfax $278 24,577 SF
Oakton $294 30,772 SF
Merrifield $997 16,186 SF
Burke $178 19,441 SF
Dunn Loring $301 25,573 SF

Regional Demographic Comparison

This comparison places Fairfax alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fairfax or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Fairfax 25,539 9,307 40 $127,775 3 2,690 6%
Oakton 35,141 12,978 40 $148,452 3 4,869 -2%
Merrifield 19,707 8,607 36 $135,894 2 5,664 -2%
Burke 39,927 12,798 43 $164,068 3 1,711 -3%
Dunn Loring 8,941 2,861 43 $225,700 3 468 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fairfax, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Fairfax

View All Commercial Real Estate For Sale in Fairfax
Is Fairfax a good market for a first-time commercial real estate investor?

Fairfax offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fairfax?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fairfax. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fairfax?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fairfax. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fairfax compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fairfax. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fairfax acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fairfax, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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