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

    1001 Bladensburg NE Rd Washington, DC 20002-2922

    • Auto shops
    • 3,182 SF
    • 0.35 lot acres
    OFF-MARKET
    Last Sale
    Mar 31, 2021
    $1,781,966
    Value Estimations
    $1,720,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US16-0126324
    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

    • Auto shops

    Property Details for 1001 Bladensburg NE Rd

    Year built
    1967
    Construction
    BRICK
    Lot size
    0.35 lot acres
    Property size
    3,182 SF
    Zone code
    MU-4
    Property type
    Auto shops
    APN
    4473 0128
    APU
    44730128

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,645,000
      ML approach
      $1,675,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    DC
    Longitude
    -76.9812
    Latitude
    38.9029
    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
    $19,161
    $571,560
    $523,580
    $1,095,140
    -
    $571,560
    $523,580
    $1,095,140

    Comparable in this City

    • Value Estimation by Request
      3,015 SF

      1396 Florida NE Ave

      AUTO REPAIR, GARAGE • 3,015 SF
      1396 Florida NE Ave, Washington, DC 20002-7126
      View Details
    • Value Estimation
      $3,485,000
      1,711 SF

      1231 New York NE Ave

      AUTO REPAIR, GARAGE • 1,711 SF
      1231 New York NE Ave, Washington, DC 20002-1628
      View Details
    • Value Estimation by Request
      2,061 SF

      1201 Bladensburg NE Rd

      AUTO REPAIR, GARAGE • 2,061 SF
      1201 Bladensburg NE Rd, Washington, DC 20002-2513
      View Details
    • Value Estimation by Request
      1,871 SF

      2539 Benning NE Rd

      AUTO REPAIR, GARAGE • 1,871 SF
      2539 Benning NE Rd, Washington, DC 20002
      View Details
    • Value Estimation by Request
      2,403 SF

      200 Massachusetts NE Ave

      AUTO REPAIR, GARAGE • 2,403 SF
      200 Massachusetts NE Ave, Washington, DC 20002-4941
      View Details
    • Value Estimation by Request
      2,449 SF

      2420 New York NE Ave

      AUTO REPAIR, GARAGE • 2,449 SF
      2420 New York NE Ave, Washington, DC 20002-1942
      View Details

    Similar Nearby for Sale

    • $3,550,000
      0.05 Acres

      Atlas District Retail Building Opportunity

      Three-level retail building in the resurging Atlas District.
      1255 H St NE, Washington, DC 20002
      View Details
    • $990,000

      H Street NE Restaurant Opportunity

      Second-generation restaurant with apartment and outdoor seating on H Street.
      1380 H St Ne WASHINGTON, Washington, DC 20002
      View Details
    • $999,900

      Eckington Mixed-Use Investment Opportunity

      Mixed-use property with retail space and apartment in Eckington.
      138 U St Ne, Washington, DC 20002
      View Details
    • Contact for pricing
      1,830 SF

      H Street NE Retail Opportunity

      Turnkey hair salon with development potential on H Street.
      1013 H St NE, Washington, DC 20002
      View Details
    • $4,500,000

      Union Market Commercial Property Opportunity

      Commercial property in Union Market District, shell condition, many uses.
      1254 4Th St NE, Washington, DC 20002
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space in Residential Building

      Retail space available in a building with 182 condos.
      50 Florida Ave NE, Washington, DC 20002
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo

      Fenced Lot for Lease

      Large fenced lot with parking for up to 8 vehicles.
      F St NE, Washington, DC 20002
      View Details
    • Contact for pricing
      15,120 SF

      Versatile Space in Brentwood, DC

      Warehouse, automotive, office, and retail spaces available for lease.
      2110-2116 5Th St NE, Washington, DC 20002
      View Details
    • $16,500 /Mo
      1,742 SF

      Retail Space in Washington, DC

      Retail property available for lease in Washington, DC.
      1629 Benning Rd NE, Washington, DC 20002
      View Details
    • Contact for pricing
      2,212 SF

      Retail Space Available For Rent

      Retail space available for rent in Washington, DC.
      701 2Nd St Northeast, Washington, DC 20002
      View Details
    • Contact for pricing
      749 SF

      Retail Space in Washington, DC

      Retail space available in a vibrant Washington, DC neighborhood.
      1225 19Th St Nw, Washington, DC 20002
      View Details
    • Contact for pricing
      2,640 SF

      Prime Retail Space on H

      Located in the vibrant H Street Corridor with high foot traffic.
      508 H St NE, Washington, DC 20002
      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.
    1001 Bladensburg NE Rd
    Washington, DC 20002-2922
    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.