Office Condominium with
For Sale
$1,100,000
100-3232 Georgia Ave Nw, Washington, DC 20001
Vacant, configurable workspace includes private offices, meeting rooms, and a kitchen/break area.
Property Size2,567 SF
Price / SF$428.52
Days on Market137
Property Features for 100-3232 Georgia Ave Nw
General Information
Standard status
Active
Size
2,567 SF
Total Parking Spaces
10
Financials
Asking Price
$1,200,000
HOA Fee
$1,001
Additional Details
Public Transit
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$23,185
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Jesse Elliott
(571) 422-0575
Source:
Exprealty
Added: Jun 4
Changed: Oct 6
Last Checked: Oct 16 at 11:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samson Properties
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Investment Insights
Based on property information with market context.
Unit 100 is a 2,567 SF office condominium with a practical mix of enclosed and collaborative areas. The interior contains 7 private offices, 3 conference rooms, an open workspace, a kitchen/break area, 2 restrooms, and a separate supply and storage room. The unit is vacant and available for immediate occupancy.
The property is positioned along Georgia Avenue in Northwest Washington, DC, with access to public transit, major transportation routes, restaurants, retail services, and neighborhood amenities. Parking includes 7 dedicated spaces and 3 guest spaces, supporting daily employee use as well as client and visitor access.
The property is positioned along Georgia Avenue in Northwest Washington, DC, with access to public transit, major transportation routes, restaurants, retail services, and neighborhood amenities. Parking includes 7 dedicated spaces and 3 guest spaces, supporting daily employee use as well as client and visitor access.
Key Highlights
- 2,567 SF office condominium in Unit 100
- 7 private offices, 3 conference rooms, and an open workspace
- 7 dedicated parking spaces plus 3 guest spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,507
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,630,140
$1.6M
Cap Rate 7%
$1,164,386
$1.2M
Cap Rate 9%
$905,633
$905.6K
Market Conditions
NOI Build-Up for 2,567 SF
Gross rent
$129.4K $50.40/SF
− Vacancy
−$20.7K −$8.06/SF
EGI
$108.7K $42.34/SF
− OpEx
−$27.2K −$10.58/SF
NOI
$81.5K $31.75/SF
Area
Washington, DC
Vacancy
16.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,630,140
Cap Rate 7%
$1,164,386
Cap Rate 9%
$905,633
Alternative Uses
Best Use
Office B
$1.16M
$1.02M – $1.36M
NOI $81,507 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,427 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
4,618
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
Market
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Office units - Vacant, configurable workspace includes private offices, meeting rooms, and a kitchen/break area.
Where is this office units located?
The property is located at 100-3232 Georgia Ave Nw Washington, DC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,567 SF office condominium in Unit 100; 7 private offices, 3 conference rooms, and an open workspace; 7 dedicated parking spaces plus 3 guest spaces
