Rented Office Building For
For Sale
$990,000
1930 Martin Luther King Jr Ave Se, Washington, DC 20020
Office building with 6.6% cap rate, convenient location.
Property SizeContact for details
Lot Size0.06 Acres
Days on Market204
Property Features for 1930 Martin Luther King Jr Ave Se
General Information
Standard status
Active
Lot size
0.06 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,135
Building Details
Year Built
1905
Listing Agency:
MAISON RZK
(240) 516-7574
Listed By:
KADJOLOGO COULIBALY
Source:
Corcoran
Added: Jan 29
Changed: Aug 17
Last Checked: Aug 17 at 10:12AM
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 MAISON RZK
Investment Insights
Based on property information with market context.
This office building is currently rented and offers a capitalization rate of 6.6%. The property includes parking space with the potential to accommodate two to three cars. Recent upgrades include the fire alarm systems. The surrounding area is undergoing rapid changes, which is anticipated to increase the property value in the future. The building is located within 20 minutes of Ronald Reagan Washington National Airport (DCA), 15 minutes of National Harbor, and downtown Washington, D.C.
Key Highlights
- Capitalization rate of 6.6% indicates strong rental income.
- Convenient location: 20 minutes from DCA, 15 minutes from National Harbor and downtown D.C.
- Rapidly changing surrounding area suggests future property value increase.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
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.
Frequently Asked Questions
What type of property is this?
Office building - Office building with 6.6% cap rate, convenient location.
Where is this office building located?
The property is located at 1930 Martin Luther King Jr Ave Se Washington, DC.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Capitalization rate of 6.6% indicates strong rental income.; Convenient location: 20 minutes from DCA, 15 minutes from National Harbor and downtown D.C.; Rapidly changing surrounding area suggests future property value increase.
