Retail Building For
For Sale
$1,750,000
514 H STREET, Washington, DC 20002
Retail property offered for sale at 514 H Street NE in Washington, DC.
Property Size3,630 SF
Price / SF$482.09
Days on Market61
Property Features for 514 H STREET
General Information
Standard status
Active
Size
3,630 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$56,901
Amenities
Central Air
3
Parking.
On Street.
Building Details
Year Built
1925
Listing Agency:
(202) 497-3333
Listed By:
Resolute Real Estate
(202) 497-3333
Source:
Xome
Added: Jun 20
Changed: Aug 12
Last Checked: Aug 19 at 5:51AM
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 Resolute Real Estate
Investment Insights
Based on property information with market context.
This for-sale retail property is located at 514 H Street NE in Washington, DC. The offering includes a retail building configuration with a property size of 3,630 square feet.
For more details on the layout, condition, and any existing improvements or tenant arrangements, please request the available information package. The property is presented as a retail asset in the Washington, DC market.
For more details on the layout, condition, and any existing improvements or tenant arrangements, please request the available information package. The property is presented as a retail asset in the Washington, DC market.
Key Highlights
- Retail property for sale at 514 H Street NE, Washington, DC
- Zoned MU‑4 (Mixed‑Use 4)
- Year built: 1925
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
$81,279
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
4.64%
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%
$1,625,580
$1.6M
Cap Rate 7%
$1,161,129
$1.2M
Cap Rate 9%
$903,100
$903.1K
Market Conditions
NOI Build-Up for 3,630 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
$122.0K $33.60/SF
− Vacancy
−$5.9K −$1.61/SF
EGI
$116.1K $31.99/SF
− OpEx
−$34.8K −$9.60/SF
NOI
$81.3K $22.39/SF
Area
ZIP 20002
Vacancy
4.80%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
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%
$1,625,580
Cap Rate 7%
$1,161,129
Cap Rate 9%
$903,100
Alternative Uses
Best Use
Retail
$1.16M
$1.02M – $1.35M
NOI $81,279 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.87M
$1.64M – $2.19M
NOI $131,192 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,958
Businesses Nearby
58k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Apparel 23%
Dining 10%
Hotels & Casinos 5%
Bank of America
Shops & Services
14,101 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
11,984 visits/mo
0.5 miles
Exxon
Shops & Services
8,720 visits/mo
0.4 miles
Nike Factory Store
Apparel
8,378 visits/mo
0.2 miles
DTLR/VILLA
Apparel
5,016 visits/mo
0.3 miles
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property offered for sale at 514 H Street NE in Washington, DC.
Where is this retail space located?
The property is located at 514 H STREET Washington, DC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Retail property for sale at 514 H Street NE, Washington, DC; Zoned MU‑4 (Mixed‑Use 4); Year built: 1925
