Dental Office Condominium
For Sale
$599,900
1330 New Hampshire Avenue Nw B3, Washington, DC 20036
Dental office condo with reception, multiple procedure rooms, and lab space, with equipment included.
Property Size571 SF
Price / SF$1,050
Days on Market35
Property Features for 1330 New Hampshire Avenue Nw B3
General Information
Standard status
Active
Size
571 SF
Additional Details
Business Included
Yes
Amenities
24-hour concierge service
on-site pool
Building Details
Year Built
1962
Listing Agency:
Compass
(301) 502-7123
Listed By:
Ashton A Vessali · License #95661
Source:
Kandorre
Added: Jul 21
Changed: Aug 13
Last Checked: Aug 23 at 7:49AM
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 Compass
Investment Insights
Based on property information with market context.
Dental office condominium suite featuring a five-room layout with a reception area and waiting area, private office, two rooms equipped for dental procedures, and a laboratory. The space includes a reception area plus office, and all dental equipment is included.
The building offers 24-hour concierge service and access to an on-site pool. The property is described as being within walking distance of Dupont Circle’s shops, restaurants, and Metro station.
This unit is configured for dental use with three operating rooms referenced in the description, along with office and lab components to support day-to-day operations.
The building offers 24-hour concierge service and access to an on-site pool. The property is described as being within walking distance of Dupont Circle’s shops, restaurants, and Metro station.
This unit is configured for dental use with three operating rooms referenced in the description, along with office and lab components to support day-to-day operations.
Key Highlights
- Dental office condominium built in 1962
- 3 operating rooms plus reception area and office space
- Five‑room layout includes waiting area, reception space, private office, two procedure rooms, and laboratory
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
$18,130
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
3.02%
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%
$362,600
$362.6K
Cap Rate 7%
$259,000
$259.0K
Cap Rate 9%
$201,444
$201.4K
Market Conditions
NOI Build-Up for 571 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
$28.8K $50.40/SF
− Vacancy
−$4.6K −$8.06/SF
EGI
$24.2K $42.34/SF
− OpEx
−$6.0K −$10.58/SF
NOI
$18.1K $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 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%
$362,600
Cap Rate 7%
$259,000
Cap Rate 9%
$201,444
Alternative Uses
Best Use
Office B
$259.0K
$226.6K – $302.2K
NOI $18,130 @ 7.0% cap · market cap 3.02%
Second Best
Healthcare Medical
$151.3K
$132.4K – $176.5K
NOI $10,590 @ 7.0% cap · market cap 1.77%
Theoretical Best
Office A
$293.7K
$257.0K – $342.7K
NOI $20,559 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
24,362
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20036, DC
6,109
Population
4,383
Households
1.4
Avg Household Size
33
Median Age
95%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
20,363
Density / Sq Mi
$105,800
Median Household Income
$98,527
Median Earnings
$2,301
Median Rent
$442,400
Median Home Value
Market
Vacancy Rate% for Office in Washington, DC
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dupont Veterinary Clinic — 2022 P St NW, Washington, DC 20036
- Home Care for Animals — 1250 Connecticut Ave NW STE 200, Washington, DC 20036
- Veterinary Medical College — 1101 Vermont Ave NW, Washington, DC 20005
- InVictaVets — 1730 M St NW #7, Washington, DC 20036
- Veterinary Emergency Group — 2311 M St NW, Washington, DC 20037
Frequently Asked Questions
What type of property is this?
Medical Office Space - Dental office condo with reception, multiple procedure rooms, and lab space, with equipment included.
Where is this medical office space located?
The property is located at 1330 New Hampshire Avenue Nw B3 Washington, DC.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Dental office condominium built in 1962; 3 operating rooms plus reception area and office space; Five‑room layout includes waiting area, reception space, private office, two procedure rooms, and laboratory
