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    5532 Connecticut Ave NW Washington, DC 20015

    For Lease
    $20,833

    Billboard corner lot with parking and high visibility available for rent.

    Lot size:
    0.14 Acres

    Property Features for 5532 Connecticut Ave NW

    General Information

    Lot size
    0.14 Acres

    Source: KLNB - Washington, D.C. Agent Matt Skalet

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

    Overview

    Chevy Chase Corner Lot Available

    This commercial land is located on a billboard corner in Chevy Chase. The site benefits from a prime signalized corner location with high visibility on Connecticut Avenue, which sees an average daily traffic count of 31,073 vehicles. The property includes a large, free-standing pylon sign and nine on-site parking spaces. The site previously housed the American City Diner, and the interior has been demolished. The property features 3,100 square feet of space, along with a large outdoor patio area. Zoned MU-3 (Mixed Use), the location is suitable as a delivery hub with access to 276,376 people within a 10-minute drive time, capturing an estimated $600,077,665 spent on food and beverages.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0754541
    Latitude
    38.9641782

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    FAQs

    What type of property is this?
    Commercial land - Billboard corner lot with parking and high visibility available for rent.
    Where is this commercial land located?
    The property is located at 5532 Connecticut Ave NW Washington, DC.
    What are key features of this property?
    This property features: - Prime signalized corner location in affluent Chevy Chase with high visibility (31,073 ADT on Connecticut Avenue).; - Zoning MU-3 (Mixed Use) offering flexible development options.; - High-traffic delivery hub location with access to a large population and significant food/beverage spending.
    (202) 375-7500
    Request Owner's contact information
    5532 Connecticut Ave NW Washington, DC 20015
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    Washington, DC 20015
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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
    5532 Connecticut Ave NW Washington, DC 20015
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