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    5111 Georgia Ave Washington, DC 20011

    Sponsored
    For Lease
    Contact for pricing

    Prime Petworth retail space, fully vacant, recently renovated.

    Lot size:
    2,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property at 5111 Georgia Ave NW, Washington, DC 20011, offers 2,658 square feet of versatile space, ideal for a variety of commercial uses. Located in the vibrant Petworth submarket of Washington, D.C., this property boasts a prime location with high visibility and foot traffic. The space is currently entirely vacant, presenting a unique opportunity for a new tenant to establish their business. The building underwent a complete renovation in 2021, ensuring modern and updated facilities. The layout comprises 1,371 square feet on the ground floor and an additional 1,287 square feet in the basement, featuring an 8-foot ceiling. The property is zoned MU-4, allowing for a wide range of retail possibilities. Recent approvals for daycare use demonstrate the property's suitability for family-oriented businesses, while the zoning also accommodates other retail ventures. This is a rare chance to acquire a fully renovated, sizable retail space in a thriving Washington, D.C. neighborhood. The property's size and flexible zoning make it an attractive investment opportunity for both established businesses and new ventures seeking a strong foothold in a dynamic market. District of Columbia County location provides access to a diverse and growing customer base.

    Property Features for 5111 Georgia Ave

    General Information

    Property type
    Day care centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,658 SF

    Building Details

    Year Renovated
    2021

    Unit(s) available at that property

    Space
    Space Available
    Size
    2,658 SF

    HighLights

    • High visibility on Georgia Ave with 22,784 vehicles per day.
    • Outdoor patio area.
    • 12'5" ceiling heights.
    • 2,658 SF retail space, fully renovated in 2021, with MU‑4 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.0272214
    Latitude
    38.95235

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    FAQs

    What type of property is this?
    Day care center - Prime Petworth retail space, fully vacant, recently renovated.
    Where is this day care center located?
    The property is located at 5111 Georgia Ave Washington, DC.
    What are key features of this property?
    This property features: High visibility on Georgia Ave with 22,784 vehicles per day.; Outdoor patio area.; 12'5" ceiling heights.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5111 Georgia Ave Washington, DC 20011
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