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Property profile & analytics

233 Van Buren NW St Washington, DC 20012-2759

  • Warehouses
  • 11,956 SF
  • 0.29 lot acres
OFF-MARKET
Value Estimations
$345,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US16-0140020
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 233 Van Buren NW St

Construction
BRICK
Lot size
0.29 lot acres
Property size
11,956 SF
Zone code
PDR-1
Property type
Warehouses
APN
3365 0837
APU
33650837

Description

This exceptional investment opportunity presents a vacant, 11,956-square-foot warehouse on a 31,128-square-foot lot in Washington, D.C.'s Takoma neighborhood. The property, encompassing three parcels (APN: 3365-0000-0837, 3365-0000-0838, 3365-0000-0840), is conveniently located just 0.6 miles from the Takoma Metro station along the Red Line. The two-story building features one loading dock and is zoned PDR-1, allowing for a diverse range of uses including retail, office, self-storage, and light industrial applications. The zoning permits a floor area ratio (FAR) of up to 3.5, offering significant by-right development potential of 108,948 square feet. The property's history as a multi-tenant office/industrial space provides flexibility for an owner-user to renovate and occupy all or part of the building while leasing the remainder. This presents a unique chance to establish or expand a business in a rapidly growing area, leveraging the underutilized FAR and the variety of permitted uses. The property is currently vacant, allowing for immediate customization to suit specific business needs. This combination of location, zoning flexibility, and building size makes this an attractive proposition for investors and owner-users alike.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $345,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $386,000
    Market price range: $212k - $1.12M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Washington
County
District Of Columbia
State
DC
Longitude
-77.0143
Latitude
38.9702
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$55,970
$699,190
$984,130
$1,683,320
-
$699,190
$984,130
$1,683,320
More about this property
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