5211 Wisconsin AveWashington, DC 20015

  • Retail properties
  • 15,107 SF
For Lease

Property Details for 5211 Wisconsin Ave

Year built
1961
Construction
BRICK
Lot size
0.25 AC
Property size (Sq ft)
15,107 SF
Zone code
MU-4
Property type
Retail properties
Property subtype
Retail space
APN
1665 0801
APU
16650801

Description

This exceptional 6,268 square foot retail strip center, located at 5211 - 5223 Wisconsin Avenue in Washington, D.C. (zip code 20015), presents a unique investment opportunity. The entire property, totaling 6,268 square feet, is currently vacant and available for lease. The building is a single-story structure situated in District of Columbia County. This prime location offers significant potential for a variety of retail businesses. The space is highly divisible, with a minimum leasable area of 1,210 square feet and a maximum contiguous space of 5,058 square feet, providing flexibility for tenants of varying sizes. The property's address is highly visible along Wisconsin Avenue, ensuring excellent exposure to a substantial pedestrian and vehicular traffic flow. This presents an unparalleled chance to establish a thriving retail presence in a vibrant and densely populated area of Washington, D.C. The property's convenient location offers easy access to public transportation and ample parking options, further enhancing its appeal to both businesses and customers. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a significant retail footprint in a highly desirable location within the District of Columbia.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,169,809
    6.5%
    $4,772,132
    7%
    $4,431,265
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,638,150
    Geo Method
    $6,358,010
  • Alternative Use

    Use
    Valuation
    Residential
    $4,025,472
    Hospitality
    $3,687,310
    Educational
    $3,067,799
    Medical
    $3,173,305
    Retail
    $4,772,132
5211 Wisconsin Ave, Washington, District of Columbia
Leaflet | © OpenStreetMap contributors

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9577
Longitude
-77.0837
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
2023
$129,415
$6,310,680
$357,090
$6,667,770
-
$6,310,680
$357,090
$6,667,770

FAQs

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