Private Office
For Sale
Contact for pricing
4626 WISCONSIN AVENUE NW STE 324, Washington, DC 20016
Utilities and CAM are included with this private workspace.
Property Size12,089 SF
Price / SF$0.09
Days on Market11
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Property Features for 4626 WISCONSIN AVENUE NW STE 324
General Information
Standard status
Active
Size
12,089 SF
Property subtype
Commercial
Additional Details
Public Transit
Yes
Building Details
Year Built
1965
Listing Agency:
Realty Pros
(202) 537-3800
Listed By:
Jason Trotman · License #BR98377041
(301) 452-4767
Source:
Cummingsrealtors
Added: Oct 5
Changed: Oct 15
Last Checked: Oct 15 at 12:02AM
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 Realty Pros
Investment Insights
Based on property information with market context.
A 300-square-foot private office is available within the office property at 4626 Wisconsin Avenue NW, Suite 324, Washington, DC. The building dates to 1965. Utilities and CAM are included for the office.
Key Highlights
- Private office measuring 300 square feet
- Utilities and CAM included
- Office property built in 1965
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$383,850
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,677,000
$7.7M
Cap Rate 7%
$5,483,571
$5.5M
Cap Rate 9%
$4,265,000
$4.3M
Market Conditions
NOI Build-Up for 12,089 SF
Gross rent
$609.3K $50.40/SF
− Vacancy
−$97.5K −$8.06/SF
EGI
$511.8K $42.34/SF
− OpEx
−$127.9K −$10.58/SF
NOI
$383.8K $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%
$7,677,000
Cap Rate 7%
$5,483,571
Cap Rate 9%
$4,265,000
Alternative Uses
Best Use
Office B
$5.48M
$4.80M – $6.40M
NOI $383,850 @ 7.0% cap · market cap 34,895.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.22M
$5.44M – $7.25M
NOI $435,274 @ 7.0% cap · market cap 39,570.36%
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
2,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 20016, DC
35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
Median Home Value
Check the figures for this property
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 - Utilities and CAM are included with this private workspace.
Where is this office units located?
The property is located at 4626 WISCONSIN AVENUE NW STE 324 Washington, DC.
What are key features of this property?
This property features: Private office measuring 300 square feet; Utilities and CAM included; Office property built in 1965
