Property profile

1015 15th NW St Washington, DC 20005

OFF-MARKET
Office buildings
Property ID
US16-0095736
252,721 SF 0.23 ac lot Built 1979
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office space at 1015 15th Street NW, 6th Floor, Washington, DC 20005 offers a diverse range of options to suit various business needs. Located in the heart of Washington, DC, this property provides a prestigious address and convenient access to the city's vibrant business district. The space caters to businesses of all sizes, from solo entrepreneurs to large corporations. Available options include traditional private offices, fully furnished and equipped to your specifications, ranging from single-person setups to large-scale custom designs. These offices offer a comprehensive benefits program, including exclusive discounts and procurement support. For a more collaborative environment, coworking spaces are available, offering both dedicated desks and hot-desking options. The property also features a variety of meeting rooms, adaptable for informal chats or formal presentations, equipped with Wi-Fi and necessary equipment. Virtual office solutions are also available, providing a prestigious business address, mail handling, and professional virtual assistant services, with options for lounge access and occasional office use. Flexible working plans are offered, providing access to a global network of workspaces, allowing for seamless transitions between locations. Whether you require a traditional office, a collaborative coworking space, or a virtual office solution, this property offers a tailored approach to meet your specific business requirements. Inquire today to explore the possibilities and find the perfect workspace to elevate your business.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction TILT-UP CONCRETE
Total area 252,721 SF
Lot 0.23 ac (10,080 SF)
Zoning code D-6
APN 0216 0033
UPID US16-0095736

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Business Management Consultant Non-Profit Organization

Location

1015 15th NW St Washington, DC 20005-2617
Washington metro Census 10100 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$60.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$52.59M
Blend (final) Blend
$60.13M

Owner & transaction history

since 2021
Last sale
$60.1M
4 recorded transactions
2021
Price N/A
2006
$91.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

D-6 · Washington, DC
Zoning description

AND OBJECTIVE (D-5-R) 547 DENSITY - FLOOR AREA RATIO (FAR) (D-5-R) 548 HEIGHT (D-5-R) 549 FRONT BUILD-TO (D-5-R) 550 FRONT SETBACK (D-5-R) 551 COURT (D-5-R) 552 USES (D-5-R) 553 DESIGN (D-5-R) 554 PURPOSE AND OBJECTIVE (…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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