Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3930 Georgia Ave Washington, DC 20011

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3930 Georgia Ave Washington, DC 20011

    View on Map
    • Retail properties & Spaces
    • 2,840 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3930 Georgia Ave

    Year built
    2015
    Property size
    2,840 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 2,840 square foot restaurant space, located at 3930 Georgia Ave NW in Washington, DC's vibrant Petworth submarket, presents a unique opportunity for a discerning tenant. Situated in a six-story building constructed in 2015, this single-tenant space is completely vacant and ready for immediate occupancy. The property is classified as a second-generation restaurant, offering a turnkey solution for a new establishment. The address is 3930 Georgia Ave NW, conveniently located near the intersection of Georgia Avenue and Shepherd St NW, ensuring high visibility and accessibility. The building's location within Columbia County, District of Columbia, places it within a thriving community with a strong local customer base. The property's total square footage is 2,840 square feet, all of which is currently available for lease. This presents a blank canvas for a restaurant concept to flourish, benefiting from the existing infrastructure and prime location. The property's zip code is 20011. This is an ideal opportunity for a restaurant seeking a move-in ready space in a desirable and high-traffic area of Washington, DC. The property's convenient location and ample square footage make it an attractive option for a variety of restaurant concepts.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Columbia
    State
    DC
    Longitude
    -77.025
    Latitude
    38.9397

    Comparable in this City

    • Value Estimation by Request
      5,627 SF

      701 Kennedy St

      Individual retail properties • 5,627 SF
      701 Kennedy St, Washington, DC 20011
      View Details
    • Value Estimation by Request
      3,200 SF

      4526-4532 Georgia Ave

      Restaurants • 3,200 SF
      4526-4532 Georgia Ave, Washington, DC 20011
      View Details
    • Value Estimation by Request
      66,224 SF

      5521 Colorado Ave

      Retail properties & Spaces • 66,224 SF
      5521 Colorado Ave, Washington, DC 20011
      View Details
    • Value Estimation by Request
      3,870 SF

      318 Riggs Rd

      Retail properties & Spaces • 3,870 SF
      318 Riggs Rd, Washington, DC 20011
      View Details
    • Value Estimation by Request
      18,000 SF

      4406 Georgia Ave

      Office Units • 18,000 SF
      4406 Georgia Ave, Washington, DC 20011
      View Details
    • Value Estimation by Request
      92,509 SF

      Totten Art Pl At Ft

      Individual retail properties • 92,509 SF
      Totten Art Pl At Ft, Washington, DC 20011
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Commercial Building on Georgia Avenue

      3,200 SF commercial building on a 4,146 SF parcel.
      4526 Georgia Ave Nw, Washington, DC 20011
      View Details
    • Contact for pricing
      3,000 SF

      Restaurant and Bar Opportunity

      Second generation restaurant and bar with flexible zoning.
      4306 Georgia Ave Nw, Washington, DC 20011
      View Details
    • $1,075,000

      Petworth Mixed-Use Redevelopment Opportunity

      MU-4 zoned property with redevelopment and mixed-use potential.
      818 Upshur St Nw, Washington, DC 20011
      View Details
    • $1,075,000

      Petworth Mixed-Use Redevelopment Opportunity

      MU-4 zoned property with redevelopment potential in Petworth.
      818 Upshur St NW, Washington, DC 20011
      View Details
    • Contact for pricing
      2,300 SF

      Petworth Mixed-Use Building For Sale

      Prime mixed-use building in the heart of Petworth neighborhood.
      1389 Quincy St NW, Washington, DC 20011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,063 SF

      Restaurant Space on Georgia Avenue

      Second generation restaurant space with high visibility and ample parking.
      5327 Georgia Ave Nw, Washington, DC 20011
      View Details
    • Contact for pricing
      1,800 SF

      Turnkey Restaurant Space on Georgia

      Second-generation restaurant space with outdoor patio on Georgia Avenue.
      4526-4532 Georgia Ave NW, Washington, DC 20011
      View Details
    • Contact for pricing
      5,004 SF

      Renovated Restaurant Space Available Soon

      Newly renovated restaurant space in Sixteenth Street Heights neighborhood.
      1200 Kennedy St Nw, Washington, DC 20011
      View Details
    • $4,990 /Mo

      Retail Space in New Building

      Commercial retail space in a new building on Georgia Ave.
      4907 Georgia Ave NW 100, Washington, DC 20011
      View Details
    • $4,990 /Mo

      Retail Space on Georgia Avenue

      Retail space in new building, ideal for restaurant/retail.
      4907 Georgia Ave Nw, Washington, DC 20011
      View Details
    • $4,990 /Mo

      Retail Space in New Building

      Commercial retail space in a new building on Georgia Ave.
      4907 Georgia Ave Nw, Washington, DC 20011
      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.
    3930 Georgia Ave
    Washington, DC 20011
    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.
    Sign Up Successful!
    You now have access to more from Realmo!