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Mixed-Use Property with Parking
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5001 New Hampshire Ave NW, Washington, DC 20011

Mixed-use property with on-site parking and flexible zoning.

Property Size13,086 SF
Price / SF$225.43
Days on Market174

Property Features for 5001 New Hampshire Ave NW

General Information

Standard status Active
Size 13,086 SF
Total Parking Spaces 17
Property subtype Mixed Use, Multifamily, Office, Retail
Zoning MU-3A, RA-1

Building Details

Year Built 1937
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Feldman Ruel
Listed By: Ian Ruel · License #DC BR200201389
Source: Crexi
Added: Feb 19 Changed: Aug 7 Last Checked: Aug 11 at 5:14AM

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 Feldman Ruel

Investment Insights

Based on property information with market context.

This mixed-use property at 5001-5005 New Hampshire Avenue NW offers an opportunity for investors or owner-users. The property features 17 on-site parking spaces, including two ADA spaces. The commercial space, consisting of the sublevel, first level, and the majority of the second level, is currently occupied by New Hampshire Medical Supply, which is expected to vacate by year-end 2026. The remainder of the second level contains a tenanted, three-bedroom, two-bathroom multifamily unit. The property is situated at multiple hard corners, including a signalized intersection at New Hampshire Avenue NW and Farragut Street NW, providing visibility along a highly trafficked corridor. The flexible MU-3A zoning allows for a range of by-right uses, including retail, office, multifamily, and hospitality. The property has a total size of 13086 square feet.

Key Highlights

  • Excellent visibility at a signalized intersection of New Hampshire Avenue NW & Farragut Street NW along a highly trafficked corridor.
  • 17 on‑site parking spaces, including two ADA spaces, a scarce amenity in Washington, D.C.
  • Flexible MU‑3A zoning allows a wide range of by‑right uses.

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
$259,103
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
8.78%
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%
$5,182,060 $5.2M
Cap Rate 7%
$3,701,471 $3.7M
Cap Rate 9%
$2,878,922 $2.9M
Market Conditions
NOI Build-Up for 13,086 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
$471.1K $36.00/SF
− Vacancy
−$56.5K −$4.32/SF
EGI
$414.6K $31.68/SF
− OpEx
−$155.5K −$11.88/SF
NOI
$259.1K $19.80/SF
Area
ZIP 20011
Vacancy
12.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
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%
$5,182,060
Cap Rate 7%
$3,701,471
Cap Rate 9%
$2,878,922

Alternative Uses

Best Use
Office B
$6.25M
$5.47M – $7.29M (±1% cap)
NOI $437,469 @ 7.0% cap · market cap 14.83%
Second Best
Retail
$4.24M
$3.71M – $4.95M (±1% cap)
NOI $297,082 @ 7.0% cap · market cap 10.07%
Theoretical Best
Office A
$6.76M
$5.91M – $7.88M (±1% cap)
NOI $472,943 @ 7.0% cap · market cap 16.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Carr Molly Pharmacy Kimberly Miller, Pharm Pharmacy Byron T. Chen, ... Pharmacy Chen Byron T Pharmacy New Hampshire Medical ... Production Facility

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Spa & Massage Center Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

935
Businesses Nearby

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

Market

Vacancy Rate% for Office in Washington, DC

14.8% 2019
17% 2020
18.1% 2021
19.5% 2022
20.7% 2023
21.9% 2024
22.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with on-site parking and flexible zoning.
Where is this mixed-use property located?
The property is located at 5001 New Hampshire Ave NW Washington, DC.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Excellent visibility at a signalized intersection of New Hampshire Avenue NW & Farragut Street NW along a highly trafficked corridor.; 17 on‑site parking spaces, including two ADA spaces, a scarce amenity in Washington, D.C.; Flexible MU‑3A zoning allows a wide range of by‑right uses.
More about this property
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