Office Condo
For Sale
$899,000
522 21st St NW Suite 101, Washington, DC 20006
Well-sized office condo suite available for sale or lease in Washington, DC for professional occupancy.
Property Size76,903 SF
Price / SF$452.90
Days on Market105
Property Features for 522 21st St NW Suite 101
General Information
Standard status
Active
Size
76,903 SF
Property subtype
Office
Building Details
Building Size
76,903 SF
Listing Agency:
Lincoln Property Company | Washington DC
Listed By:
John Olson
(202) 513-6730
Source:
Lpc
Added: Jun 23
Changed: Sep 4
Last Checked: Oct 5 at 4:40PM
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 Lincoln Property Company | Washington DC
Investment Insights
Based on property information with market context.
522 21st Street NW, Suite 101 is a 1,985 RSF office condo offered for sale or lease. The space is configured as a private office suite within a condominium setting, designed for professional use.
The property is located at 522 21st Street NW in Washington, DC, providing a dedicated address for business operations. This listing is specifically for Suite 101, which allows prospective tenants and buyers to evaluate a single, defined space rather than an entire building.
For users seeking an owned or leased office environment, this suite’s size supports typical office operations requiring a dedicated, manageable footprint. Because it is presented as an office condo, it may be attractive to organizations looking for a space they can occupy directly, whether as a near-term lease or a longer-term ownership opportunity.
The property is located at 522 21st Street NW in Washington, DC, providing a dedicated address for business operations. This listing is specifically for Suite 101, which allows prospective tenants and buyers to evaluate a single, defined space rather than an entire building.
For users seeking an owned or leased office environment, this suite’s size supports typical office operations requiring a dedicated, manageable footprint. Because it is presented as an office condo, it may be attractive to organizations looking for a space they can occupy directly, whether as a near-term lease or a longer-term ownership opportunity.
Key Highlights
- 1,985 RSF office condo suite at 522 21st Street NW, Suite 101, Washington, DC
- Available for sale or lease for professional occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,028
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,560
$1.3M
Cap Rate 7%
$900,400
$900.4K
Cap Rate 9%
$700,311
$700.3K
Market Conditions
NOI Build-Up for 1,985 SF
Gross rent
$100.0K $50.40/SF
− Vacancy
−$16.0K −$8.06/SF
EGI
$84.0K $42.34/SF
− OpEx
−$21.0K −$10.58/SF
NOI
$63.0K $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 Rate 5%
$1,260,560
Cap Rate 7%
$900,400
Cap Rate 9%
$700,311
Alternative Uses
Best Use
Office B
$900.4K
$787.9K – $1.05M
NOI $63,028 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$893.4K – $1.19M
NOI $71,471 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
871
Businesses Nearby
Explore this area
Business Placement
Demographics for 20006, DC
1,599
Population
904
Households
1.8
Avg Household Size
24
Median Age
85%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
3,998
Density / Sq Mi
$36,019
Median Household Income
$2,035
Median Rent
$255,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Washington, DC
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Frequently Asked Questions
What type of property is this?
Office units - Well-sized office condo suite available for sale or lease in Washington, DC for professional occupancy.
Where is this office units located?
The property is located at 522 21st St NW Suite 101 Washington, DC.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,985 RSF office condo suite at 522 21st Street NW, Suite 101, Washington, DC; Available for sale or lease for professional occupancy
