Fifth-Floor Office
For Sale
$450,000
4801 WISCONSIN AVENUE, Washington, DC 20016
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 Market256
Property Features for 4801 WISCONSIN AVENUE
General Information
Standard status
Active
Size
741 SF
Total Parking Spaces
1
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$3,953
Amenities
Central Air
3
Building Details
Year Built
1982
Stories
5
Listing Agency:
Summit Commercial Real Estate, LLC.
(202) 255-0746
Listed By:
John Duffy · License #DC0225206421
(202) 255-0746
Source:
Xome
Added: Nov 30, 2025
Changed: Aug 12
Last Checked: Aug 12 at 3:15AM
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
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,528
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$470,560
$470.6K
Cap Rate 7%
$336,114
$336.1K
Cap Rate 9%
$261,422
$261.4K
Market Conditions
NOI Build-Up for 741 SF
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.
Gross rent
$37.3K $50.40/SF
− Vacancy
−$6.0K −$8.06/SF
EGI
$31.4K $42.34/SF
− OpEx
−$7.8K −$10.58/SF
NOI
$23.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$470,560
Cap Rate 7%
$336,114
Cap Rate 9%
$261,422
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,623
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
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 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 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
