Commercial Unit in Barracks
For Sale
$319,000
733 8TH STREET SE Unit 01, Washington, DC 20003
Street-level commercial unit in a 10-unit residential development.
Property Size1,200 SF
Days on Market179
Property Features for 733 8TH STREET SE Unit 01
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Unit/Flat/Apartment
Building Details
Building Size
1,200 SF
Year Built
2025
Listing Agency:
Fairfax Realty Premier
Listed By:
Bruno Tarquinii
(240) 418-3809
Source:
Kwcapitalproperties
Added: Mar 11
Changed: Sep 4
Last Checked: Sep 4 at 12:53PM
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 Fairfax Realty Premier
Investment Insights
Based on property information with market context.
This commercial street-level unit is located within a 10-unit residential development in the heart of Capitol Hill. The property is situated within the Barracks Row retail district, near Eastern Market, and offers convenient access to two Metro stations. The unit features high-end modern finishes, including oak flooring, matte black fixtures, energy-efficient LED lighting, and quartz countertops. Seller financing is available. First Savings is offering both Fixed Rate and ARM loans, for immediate close, with up to 90% loan-to-value and no mortgage insurance required, plus a $500 Lender Credit. Federal Title is the preferred title company for settlement. Limited off-street parking is available for purchase separately.
Key Highlights
- Prime Capitol Hill location in the Barracks Row retail district, near Eastern Market and two Metro stations.
- High‑end modern finishes including oak flooring and quartz countertops.
- New construction (2025) within a boutique 10‑unit development.
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
$19,253
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
6.04%
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%
$385,060
$385.1K
Cap Rate 7%
$275,043
$275.0K
Cap Rate 9%
$213,922
$213.9K
Market Conditions
NOI Build-Up for 1,200 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
$28.8K $24.00/SF
− Vacancy
−$1.3K −$1.08/SF
EGI
$27.5K $22.92/SF
− OpEx
−$8.3K −$6.88/SF
NOI
$19.3K $16.04/SF
Area
Washington, DC
Vacancy
4.50%
Lease Rate
$24.00 /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%
$385,060
Cap Rate 7%
$275,043
Cap Rate 9%
$213,922
Alternative Uses
Best Use
Retail
$275.0K
$240.7K – $320.9K
NOI $19,253 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$617.2K
$540.1K – $720.1K
NOI $43,207 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14,705
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 36%
Dining 26%
Groceries 21%
Shops & Services 17%
Safeway
Groceries
28,133 visits/mo
0.3 miles
McDonald's
Dining
24,382 visits/mo
0.4 miles
Washington Marriott At Metro Center
Hotels & Casinos
24,363 visits/mo
0.3 miles
TD Bank
Shops & Services
11,904 visits/mo
0.1 miles
Hampton Inn Washington Downtown Convention Center
Hotels & Casinos
6,622 visits/mo
0.2 miles
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Street-level commercial unit in a 10-unit residential development.
Where is this retail space located?
The property is located at 733 8TH STREET SE Unit 01 Washington, DC.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Prime Capitol Hill location in the Barracks Row retail district, near Eastern Market and two Metro stations.; High‑end modern finishes including oak flooring and quartz countertops.; New construction (2025) within a boutique 10‑unit development.
