NNN Storefront
4900 Georgia Avenue NW, Washington, DC 20011
For Sale
Contact for pricing
Vacant commercial space with a large basement for storage on Georgia Avenue NW.
Property Size6,254 SF
Price / SF$2.16
Days on Market614
Property Features for 4900 Georgia Avenue NW
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Site & Location
Neighborhood
Amenities
basement for storage
Natural Gas
Yes
Public
0.09
No
Assessor
On Street
6254.00
Building Details
Year Built
Listing Agency:
Crown Realty International Ltd
Listed By:
Samuel Jobi · License DC #522171
(301) 537-7665
Source:
Thetristaterealestategroup
Added: Mar 6, 2025
Changed: Nov 4
Last Checked: Nov 8 at 4:38AM
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 Crown Realty International Ltd
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,254-square-foot storefront property at 4900 Georgia Avenue NW is currently vacant and includes a large basement suitable for storage. Built in 1949, the property has natural gas service and on-street parking. The space was formerly occupied by an auto parts company and is scheduled to be delivered vacant within 30 days of serious interest.
The property is structured for a triple-net lease, with the tenant responsible for property taxes and property insurance. Located on Georgia Avenue NW in Washington, DC, the site benefits from the corridor's stated high traffic counts and walk-in activity. The property is suited for a range of commercial operations supported by its storefront configuration, basement storage, and established avenue location.
The property is structured for a triple-net lease, with the tenant responsible for property taxes and property insurance. Located on Georgia Avenue NW in Washington, DC, the site benefits from the corridor's stated high traffic counts and walk-in activity. The property is suited for a range of commercial operations supported by its storefront configuration, basement storage, and established avenue location.
Key Highlights
- 6,254‑square‑foot storefront property at 4900 Georgia Avenue NW
- Large basement for storage
- Currently vacant; delivery within 30 days of serious interest
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,980
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,839,600
$2.8M
Cap Rate 7%
$2,028,286
$2.0M
Cap Rate 9%
$1,577,556
$1.6M
Market Conditions
NOI Build-Up for 6,254 SF
Gross rent
$212.4K $33.96/SF
− Vacancy
−$9.6K −$1.53/SF
EGI
$202.8K $32.43/SF
− OpEx
−$60.8K −$9.73/SF
NOI
$142.0K $22.70/SF
Area
ZIP 20011
Vacancy
4.50%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,839,600
Cap Rate 7%
$2,028,286
Cap Rate 9%
$1,577,556
Alternative Uses
Best Use
Retail
$2.03M
$1.77M – $2.37M
NOI $141,980 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,027 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,481
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 43%
Electronics 6%
Popeyes Louisiana Kitchen
Dining
15,149 visits/mo
0.2 miles
Exxon
Shops & Services
6,230 visits/mo
0.4 miles
Exxon
Shops & Services
5,522 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
894 visits/mo
0.3 miles
Enterprise Rent-A-Car
Shops & Services
870 visits/mo
0.1 miles
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
Frequently Asked Questions
What type of property is this?
NNN property - Vacant commercial space with a large basement for storage on Georgia Avenue NW.
Where is this nnn property located?
The property is located at 4900 Georgia Avenue NW Washington, DC.
What are key features of this property?
This property features: 6,254‑square‑foot storefront property at 4900 Georgia Avenue NW; Large basement for storage; Currently vacant; delivery within 30 days of serious interest
