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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

37 Florida Ave Washington, DC 20002

1,950 SF Built 1905
Property ID
Property summary
AI-generated overview

This well-maintained, three-story office building in Washington, DC's Truxton Circle neighborhood offers 1,950 square feet of rentable space. Built in 1905, the property sits on an 827 square foot lot and boasts flexible D-5 zoning, allowing for diverse uses including retail and multifamily development. Previously used as a law office, it's delivered vacant at closing, presenting an owner-user opportunity. Its convenient location is just 0.4 miles from Union Market and the NoMa-Gallaudet Metro Station (Red Line), and benefits from significant nearby multifamily development. The building's 1905 construction adds character, while the zoning potential unlocks significant future value. This is a unique opportunity to acquire a versatile property in a rapidly developing area of Washington, DC. The property includes one unit across three stories, and the address is 37 Florida Ave NE, Washington, DC 20002. The asking price is $999,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1905
Total area 1,950 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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