Office Condo
For Sale
$899,000
522 21st Street Northwest Suite 101, Washington, DC 20006
Office condominium in Washington, DC at 522 21st Street Northwest, Suite 101.
Property Size76,903 SF
Price / SF$452.90
Days on Market140
Property Features for 522 21st Street Northwest Suite 101
General Information
Standard status
Active
Size
76,903 SF
Net Rentable
1,985 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 2
Changed: Aug 30
Last Checked: Oct 19 at 3:57AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 101 is an office condominium comprising 1,985 RSF. The property is located at 522 21st Street Northwest in Washington, DC 20006, providing a defined office unit within the building.
Key Highlights
- 1,985 RSF office condominium
- Suite 101 at 522 21st Street Northwest
- Washington, DC 20006
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
16,137
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
Market
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Office units - Office condominium in Washington, DC at 522 21st Street Northwest, Suite 101.
Where is this office units located?
The property is located at 522 21st Street Northwest 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 condominium; Suite 101 at 522 21st Street Northwest; Washington, DC 20006
