Office Unit with Private
For Sale
$1,050,000
3232 Georgia Ave NW Unit 100, Washington, DC 20010
Vacant office condominium with private offices, conference rooms, parking, and immediate occupancy.
Property Size1,972 SF
Price / SF$532.45
Days on Market52
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Property Features for 3232 Georgia Ave NW Unit 100
General Information
Standard status
Active
Size
1,972 SF
Total Parking Spaces
10
Financials
Asking Price
$1,100,000
HOA Fee
$1,001
Additional Details
Public Transit
Yes
Building Details
Year Built
2019
Listing Agency:
Samson Properties
Listed By:
Jesse Elliott
(571) 422-0575
Source:
Soldbypattie
Added: Aug 25
Changed: Oct 13
Last Checked: Oct 7 at 5:48PM
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 Samson Properties
Investment Insights
Based on property information with market context.
Built in 2019, Unit 100 is a vacant office condominium at 3232 Georgia Ave NW in Washington, DC. The layout includes 7 private offices, 3 conference rooms, an open work area, kitchen and break space, 2 restrooms, and a dedicated supply and storage room. The configuration supports professional, administrative, educational, nonprofit, technology, and consulting operations, with flexibility for future customization.
The property sits along the Georgia Avenue corridor in Northwest Washington, DC, with access to major transportation routes, public transit, restaurants, retail services, and neighborhood amenities. Parking includes 7 dedicated spaces and 3 guest spaces. The building is professionally managed, and the vacant condition allows for immediate occupancy.
The property sits along the Georgia Avenue corridor in Northwest Washington, DC, with access to major transportation routes, public transit, restaurants, retail services, and neighborhood amenities. Parking includes 7 dedicated spaces and 3 guest spaces. The building is professionally managed, and the vacant condition allows for immediate occupancy.
Key Highlights
- 2,567 SF office unit with 7 private offices and 3 conference rooms
- 7 dedicated parking spaces plus 3 guest spaces
- Open work area, kitchen/break space, 2 restrooms, and supply/storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,615
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,252,300
$1.3M
Cap Rate 7%
$894,500
$894.5K
Cap Rate 9%
$695,722
$695.7K
Market Conditions
NOI Build-Up for 1,972 SF
Gross rent
$99.4K $50.40/SF
− Vacancy
−$15.9K −$8.06/SF
EGI
$83.5K $42.34/SF
− OpEx
−$20.9K −$10.58/SF
NOI
$62.6K $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 Rate 5%
$1,252,300
Cap Rate 7%
$894,500
Cap Rate 9%
$695,722
Alternative Uses
Best Use
Office B
$894.5K
$782.7K – $1.04M
NOI $62,615 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$887.5K – $1.18M
NOI $71,003 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,017
Businesses Nearby
Explore this area
Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Office units - Vacant office condominium with private offices, conference rooms, parking, and immediate occupancy.
Where is this office units located?
The property is located at 3232 Georgia Ave NW Unit 100 Washington, DC.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2,567 SF office unit with 7 private offices and 3 conference rooms; 7 dedicated parking spaces plus 3 guest spaces; Open work area, kitchen/break space, 2 restrooms, and supply/storage room
