Fifth-Floor Office
4801 WISCONSIN AVENUE NW Unit 503 Washington, DC 20016
New
4801 WISCONSIN AVENUE NW Unit 503, Washington, DC, 20016
$450,000
For Sale
$450,000
Top fifth-floor office suite with two windowed offices, reception, kitchenette, bathroom with shower, and balcony.
Property Size741 SF
Price / SF$607.29
Days on Market3
Property Features for 4801 WISCONSIN AVENUE NW Unit 503
General Information
- Standard status
- Active
- Size
- 741 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing Agency
Summit Commercial Real Estate, LLC.
(202) 255-0746
Listed by
John Duffy
(202) 255-0746
Source
Xome
Added: Jul 17 Checked: Jul 19 at 1:47 am
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 Summit Commercial Real Estate, LLC.
Investment Insights
Based on property information with market context.
This top fifth-floor office suite is configured with two windowed offices, a reception area, a kitchenette, and a bathroom with a shower. The space also includes a private balcony, offering outdoor access within the suite.
Parking is available, and the owner states great views from the suite.
The layout is suited for professional use that benefits from dedicated private offices alongside a reception and support amenities within the same suite.
Parking is available, and the owner states great views from the suite.
The layout is suited for professional use that benefits from dedicated private offices alongside a reception and support amenities within the same suite.
Key Highlights
- Top fifth‑floor office suite in a building built in 1982
- Includes two windowed offices, a reception area, and a kitchenette
- Bathroom with shower and a private balcony
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.3k | $50.40 |
| − Vacancy | −$6.0k | −$8.06 |
| EGI | $31.4k | $42.34 |
| − OpEx | −$7.8k | −$10.58 |
| NOI | $23.5k | $31.75 |
741 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$336.1K
$294.1K – $392.1K
NOI $23,528 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$381.1K
$333.5K – $444.7K
NOI $26,680 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Top fifth-floor office suite with two windowed offices, reception, kitchenette, bathroom with shower, and balcony.
Where is this office units located?
The property is located at 4801 WISCONSIN AVENUE NW Unit 503 Washington, DC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Top fifth‑floor office suite in a building built in 1982; Includes two windowed offices, a reception area, and a kitchenette; Bathroom with shower and a private balcony
