Office Condominium with
For Sale
$1,050,000
3232 GEORGIA Avenue NW, Washington, DC 20010
Commercial Sale, WASHINGTON, DC
Property Size2,567 SF
Price / SF$409.04
Days on Market145
Property Features for 3232 GEORGIA Avenue NW
General Information
Property type
Other
Property subtype
Office
Parking
10
Parking features
Garage
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Special listing conditions
In Foreclosure
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
23185
Utilities
Heating system
Electric (Heating), Forced Air, Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
2019
Number of units
1
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Jesse Elliott
(571) 422-0575
Added: Jun 4
Changed: Oct 19
Last Checked: Oct 26 at 1:06PM
MLS# DCDC2266612
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 100 is a 2,567-square-foot office condominium completed in 2019. The interior includes 7 private offices, 3 conference rooms, an open work area, a kitchen and break space, 2 restrooms, and a separate supply and storage room. Central air, electric heating, forced air, and heat pump systems serve the property. The unit is vacant and available for immediate occupancy.
The property includes 7 dedicated parking spaces and 3 guest spaces in a garage. It is positioned along Georgia Avenue NW in Northwest Washington, DC, near public transit, restaurants, retail services, neighborhood amenities, and major transportation routes. The layout and parking configuration support a range of office operations while allowing future customization.
The property includes 7 dedicated parking spaces and 3 guest spaces in a garage. It is positioned along Georgia Avenue NW in Northwest Washington, DC, near public transit, restaurants, retail services, neighborhood amenities, and major transportation routes. The layout and parking configuration support a range of office operations while allowing future customization.
Key Highlights
- 2,567 SF office condominium completed in 2019
- 7 private offices, 3 conference rooms, and an open work area
- 7 dedicated parking spaces plus 3 guest parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,507
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,630,140
$1.6M
Cap Rate 7%
$1,164,386
$1.2M
Cap Rate 9%
$905,633
$905.6K
Market Conditions
NOI Build-Up for 2,567 SF
Gross rent
$129.4K $50.40/SF
− Vacancy
−$20.7K −$8.06/SF
EGI
$108.7K $42.34/SF
− OpEx
−$27.2K −$10.58/SF
NOI
$81.5K $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%
$1,630,140
Cap Rate 7%
$1,164,386
Cap Rate 9%
$905,633
Alternative Uses
Best Use
Office B
$1.16M
$1.02M – $1.36M
NOI $81,507 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,427 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Office unit - Vacant office condominium with a flexible layout, dedicated parking, and immediate occupancy availability.
Where is this office unit located?
The property is located at 3232 GEORGIA Avenue NW 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 condominium completed in 2019; 7 private offices, 3 conference rooms, and an open work area; 7 dedicated parking spaces plus 3 guest parking spaces
