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    2275 Savannah St Se Washington, DC 20032

    For Sale
    $6,500,000

    70% occupied retail center in a growing neighborhood.

    Property size:
    16,362 SF
    Lot size:
    0.93 Acres

    Property Features for 2275 Savannah St Se

    General Information

    Size
    16,362 SF
    Lot size
    0.93 Acres

    Source: Greysteel - Corporate Agent Ian Weisz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center in Randle Heights

    This 16,362 square foot retail center is located at the southwest corner of Savannah Street and 23rd Street SE in the Randle Heights neighborhood of Washington, DC. The property is 70% occupied and features a service-oriented tenant mix, supplemented by income from solar installations. The surrounding area has a high density of existing residential properties and is experiencing continued growth due to the Skyland Town Center development. An opportunity exists for new ownership to increase value through leasing of the vacant space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.9715528
    Latitude
    38.8476282

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    FAQs

    What type of property is this?
    Shopping center - 70% occupied retail center in a growing neighborhood.
    Where is this shopping center located?
    The property is located at 2275 Savannah St Se Washington, DC.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - 70% occupied retail center in a high-density residential area with ongoing growth from Skyland Town Center.; - Opportunity to increase value by leasing vacant space.; - Located at the southwest corner of Savannah St & 23rd St SE in Randle Heights, Washington, DC.
    (301) 461-7817
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    Washington, DC 20032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2275 Savannah St Se Washington, DC 20032
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