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    1101 23Rd St NW Washington, DC 20037

    For Lease
    Contact for pricing

    Corner retail space with patio potential in the Ritz Carlton.

    Property size:
    3,864 SF
    Lot size:
    2.44 Acres

    Property Features for 1101 23Rd St NW

    General Information

    Size
    3,864 SF
    Lot size
    2.44 Acres

    Source: Dochter & Alexander Retail Advisors Agent David Dochter

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

    Overview

    Retail Space in West End

    This corner retail space, offering potential for a patio, is located within the Ritz Carlton Hotel & Condominium, which includes 162 premium condos and 300 hotel rooms. The property is situated in the West End, a residential neighborhood known for its proximity to Georgetown, the CBD, and DuPont Circle. The surrounding area features a variety of hotels and restaurants, including the Park Hyatt, the Westin, Hilton Garden Inn, Yours Truly DC, the Saga, Rasika, Ris, Imperfecto, and Blue Duck Tavern. The property offers 3864 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0497848
    Latitude
    38.9041082

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    FAQs

    What type of property is this?
    Retail space - Corner retail space with patio potential in the Ritz Carlton.
    Where is this retail space located?
    The property is located at 1101 23Rd St NW Washington, DC.
    What are key features of this property?
    This property features: - Corner retail space with patio potential.; - Located in the Ritz Carlton Hotel & Condominium.; - Situated in the heart of the West End.
    (202) 971-8989
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    Washington, DC 20037
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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
    1101 23Rd St NW Washington, DC 20037
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