Dental Office Condominium
For Sale
$599,900
1330 NEW HAMPSHIRE AVENUE, Washington, DC 20036
Dental office suite with three operating rooms, reception, private office space, and a laboratory.
Property Size571 SF
Price / SF$1,050
Days on Market172
Property Features for 1330 NEW HAMPSHIRE AVENUE
General Information
Standard status
Active
Size
571 SF
Property subtype
Office
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$5,438
Amenities
Central Air
3
Lighted.
Building Details
Year Built
1962
Listing Agency:
Keller Williams Town & Country
(301) 502-7123
Listed By:
Compass · License #3316597
(301) 502-7123
Source:
Xome
Added: Feb 22
Changed: Aug 12
Last Checked: Aug 12 at 3:37AM
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 Keller Williams Town & Country
Investment Insights
Based on property information with market context.
This dental office condominium suite includes three operating rooms along with a reception area and a five-room layout. The unit also offers a waiting area, reception space, a private office, two treatment/procedure rooms, and a laboratory. Dental equipment is included.
The condominium building is served by 24-hour concierge service and offers on-site access to a pool. The property is described as within walking distance of Dupont Circle’s shops, restaurants, and Metro station.
The suite is configured for dental practice operations, with dedicated procedure and lab spaces alongside patient-facing waiting and reception areas.
The condominium building is served by 24-hour concierge service and offers on-site access to a pool. The property is described as within walking distance of Dupont Circle’s shops, restaurants, and Metro station.
The suite is configured for dental practice operations, with dedicated procedure and lab spaces alongside patient-facing waiting and reception areas.
Key Highlights
- Dental office condominium with 3 operating rooms, reception and waiting area, private office space, and a laboratory
- Two rooms equipped for dental procedures, plus dedicated office and reception areas for patient flow
- Building offers 24‑hour concierge service, and the unit is within walking distance of Dupont Circle shops, restaurants, and Metro
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
Property Profile
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.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Dental office suite with three operating rooms, reception, private office space, and a laboratory.
Where is this medical office space located?
The property is located at 1330 NEW HAMPSHIRE AVENUE 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 with 3 operating rooms, reception and waiting area, private office space, and a laboratory; Two rooms equipped for dental procedures, plus dedicated office and reception areas for patient flow; Building offers 24‑hour concierge service, and the unit is within walking distance of Dupont Circle shops, restaurants, and Metro
