Retail Storefront
For Sale
$2,500,000
1210-1212 NE H Street NE, Washington, DC 20002
Retail property positioned along H Street NE’s active commercial corridor in Washington, DC.
Property Size3,694 SF
Price / SF$676.77
Days on Market143
Property Features for 1210-1212 NE H Street NE
General Information
Standard status
Active
Size
3,694 SF
Property subtype
Commercial
Zoning
NC14
Taxes and HOA fees
Annual Taxes
$23,419
Amenities
Wood
Electric
1
Yes
2
Road Frontage,Other
Public
0.08
No
Estimated
0.00
493980.00
Building Details
Year Built
1900
Listing Agency:
Opulent Realty Group LLC
(610) 679-0127
Listed By:
Amanda Strain · License #1540241
(610) 679-0127
Source:
Thetristaterealestategroup
Added: Mar 30
Changed: Aug 17
Last Checked: Aug 18 at 4:26AM
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 Opulent Realty Group LLC
Investment Insights
Based on property information with market context.
This retail storefront property at 1210-1212 NE H Street NE provides 3,694 square feet of commercial space within a building constructed in 1900. The property is zoned NC14 and includes road frontage along H Street NE.
The site sits within Washington, DC’s H Street NE commercial corridor, near restaurants, nightlife, entertainment venues, and surrounding residential areas. Its location supports consideration by retail and restaurant operators seeking a presence in an established urban setting.
The site sits within Washington, DC’s H Street NE commercial corridor, near restaurants, nightlife, entertainment venues, and surrounding residential areas. Its location supports consideration by retail and restaurant operators seeking a presence in an established urban setting.
Key Highlights
- 3,694 square feet of commercial space
- NC14 zoning
- Building constructed in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,713
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,654,260
$1.7M
Cap Rate 7%
$1,181,614
$1.2M
Cap Rate 9%
$919,033
$919.0K
Market Conditions
NOI Build-Up for 3,694 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$124.1K $33.60/SF
− Vacancy
−$6.0K −$1.61/SF
EGI
$118.2K $31.99/SF
− OpEx
−$35.4K −$9.60/SF
NOI
$82.7K $22.39/SF
Area
ZIP 20002
Vacancy
4.80%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,654,260
Cap Rate 7%
$1,181,614
Cap Rate 9%
$919,033
Alternative Uses
Best Use
Retail
$1.18M
$1.03M – $1.38M
NOI $82,713 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,505 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,558
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 34%
Apparel 17%
Electronics 1%
Chick-fil-A
Dining
27,104 visits/mo
0.4 miles
Bank of America
Shops & Services
14,101 visits/mo
0.2 miles
Shell
Shops & Services
8,457 visits/mo
0.4 miles
Nike Factory Store
Apparel
8,378 visits/mo
0.2 miles
DTLR/VILLA
Apparel
5,016 visits/mo
0.1 miles
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property positioned along H Street NE’s active commercial corridor in Washington, DC.
Where is this storefront property located?
The property is located at 1210-1212 NE H Street NE Washington, DC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,694 square feet of commercial space; NC14 zoning; Building constructed in 1900
