Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    920 W St Washington, DC 20001

    • Apartment buildings
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 920 W St

    Property type
    Apartment buildings

    Description

    This exceptional apartment building at 920 W Street NW, Washington, DC 20001, presents a compelling investment opportunity in the vibrant Shaw/U Street corridor. Located at 38.9190214, -77.0255462, this multifamily property is offered at an asking price of $2,800,000. Its prime location offers significant potential for future development, with the possibility of conversion into a condominium or residential development, representing a high and best use scenario. This property is being marketed in conjunction with the adjacent properties at 912-914 W Street NW, which are also available for purchase separately at $1,700,000. A combined purchase of all properties (912-920 W Street NW) is also an option, priced at $3,700,000. Comprehensive due diligence materials are available, including a comparable analysis, zoning opinion, and other pertinent details. This presents a unique chance to acquire a valuable asset in a rapidly appreciating area of Washington, D.C. The property's strategic location within the dynamic Shaw/U Street neighborhood ensures strong rental demand and potential for significant long-term appreciation. Serious inquiries are encouraged to review the detailed due diligence package.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    DC
    Longitude
    -77.0255
    Latitude
    38.919

    Comparable in this City

    • Value Estimation
      $825,000
      27,120 SF

      743 Fairmont NW St

      APARTMENT HOUSE (5+ UNITS) • 27,120 SF
      743 Fairmont NW St, Washington, DC 20001-3857
      View Details
    • Value Estimation
      $480,000
      7,230 SF

      1210 4th NW St

      APARTMENT HOUSE (5+ UNITS) • 7,230 SF
      1210 4th NW St, Washington, DC 20001-4632
      View Details
    • Value Estimation
      $1,135,000
      59,401 SF

      801 R NW St, Unit 104

      APARTMENT HOUSE (5+ UNITS) • 59,401 SF
      801 R NW St, Washington, DC 20001-3138
      View Details
    • Value Estimation
      $465,000
      17,360 SF

      238 Ww NW St, Unit 12

      APARTMENT HOUSE (5+ UNITS) • 17,360 SF
      238 Ww NW St, Washington, DC 20001-1718
      View Details
    • Value Estimation
      $455,000
      18,704 SF

      230 Ww NW St, Unit 32

      APARTMENT HOUSE (5+ UNITS) • 18,704 SF
      230 Ww NW St, Washington, DC 20001-1729
      View Details
    • Value Estimation
      $555,000
      8,300 SF

      57 O NW St

      APARTMENT HOUSE (5+ UNITS) • 8,300 SF
      57 O NW St, Washington, DC 20001-1258
      View Details

    Similar Nearby for Sale

    • $454,950

      Modern Condo in Logan Circle

      Bright, stylish 1-bedroom condo in vibrant Logan Circle.
      1111 11Th St NW, Washington, DC 20001
      View Details
    • $1,500,000

      Luxury Condominium in City Center

      Refined city living with upscale amenities and convenient access.
      920 I St St NW, Washington, DC 20001
      View Details
    • $1,039,212

      New Townhomes in DC Location

      New EYA townhomes in landmark DC location, move-in Spring 2026.
      61 NW The Bnd, Washington, DC 20001
      View Details
    • $10,000,000
      13,552 SF

      Luxury DC Apartment Building

      7-Unit Mixed-Use Investment Opportunity
      444 K St, Washington, DC 20001
      View Details
    • $599,000
      888 SF

      New Construction Boutique Condo

      Luxurious 1BD/1.5BA condo with den and private outdoor space.
      1335 11Th St NW, Washington, DC 20001
      View Details
    • $489,900

      Stylish Condo in Mount Vernon

      Modern 1 bed, 1 bath condo in vibrant neighborhood.
      400 Massachusetts Ave NW, Washington, DC 20001
      View Details

    Similar Nearby for Lease

    • $2,800 /Mo
      679 SF

      Sun-Drenched Residence at Chapman Stables

      Upper-level residence with modern features, garage parking, and rooftop access.
      57 N St NW, Washington, DC 20001
      View Details
    • $4,495 /Mo

      Top Level Apartment Near U Street

      Sunny 2BR/2BA apartment near U Street Corridor with modern amenities.
      2234 11Th St NW, Washington, DC 20001
      View Details
    • $4,800 /Mo
      1,334 SF

      Bloomingdale Penthouse with Private Roof

      Iconic Bloomingdale penthouse with modern updates and private roof deck.
      1812 1St St NW, Washington, DC 20001
      View Details
    • $4,900 /Mo

      Spacious Penthouse in LeDroit Park

      Three-bedroom penthouse with private rooftop terrace in historic neighborhood.
      1844 3Rd St NW, Washington, DC 20001
      View Details
    • Contact for pricing
      12,993 SF

      Prime DC Retail Space Available

      12,993 SF Retail Space in Washington, DC
      400 Massachusetts Ave, Washington, DC 20001
      View Details
    • $2,999 /Mo
      1,000 SF

      Renovated Condo in Shaw

      Renovated 2 bed, 2 bath condo in the heart of Shaw.
      209 Morgan St NW, Washington, DC 20001
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    920 W St
    Washington, DC 20001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.