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Property profile & analytics
OFF-MARKET
Estimated value
$3,180,000
Office Spaces
1020 16th NW St Washington, DC 20036-5713
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US16-0147009
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
20,020 SF
Lot
0.06 ac (2,671 SF)
Zoning code
D-2
APN
0184 0017
UPID
US16-0147009
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.18M
Owner & transaction history
1020 16th Street Nw Holdings LLC · 6 yrs held
1020 16th Street Nw Holdings LLC
since 2020
6 recorded transactions
Zoning & alternative use
D-2 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$159 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$73,162
Tax year 2023
Assessed value
$3,994,270
Assessed 2023
Previous assessed
$3,994,270
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$2,014,090
Assessed improvement
$1,980,180
Land market value
$2,014,090
Improvement market value
$1,980,180
Total market value
$3,994,270
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
8
Total area
20,020 SF
Lot
0.06 ac (2,671 SF)
Zoning code
D-2
APN
0184 0017
UPID
US16-0147009
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
D-2 · Washington, DC
Zoning D-2 · permitted uses
D-2 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
8
Lot
0.06 ac
Current owner
From public records · entity-resolved
1020 16th Street Nw Holdings LLC
Entity
Mailing address
1020 16TH ST NW STE #300, WASHINGTON, DC 20036-5719
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2020
—
1020 16th Street Nw Holdings LLC
—
Deed
related
$4,500,000 · Hingham Institution For Savings
—
—
16th Street Nw Holdings L 1020
—
Deed Of Trust
related
$2,689,565 · Virginia Commerce Bank
—
—
16th Street Nw Holdings L 1020
—
Deed Of Trust
related
$500,000 · Virginia Commerce Bank
—
—
1020 16th Street Nw Holdings L|1647 Wisconsin Aven
—
Loan Modification
related
$3,350,000 · United Bk
—
—
16th Street Nw Holdings L 1020
—
Deed Of Trust
related
$2,800,000 · Virginia Commerce Bk
—
—
16th Street Nw Holdings L 1020
—
Deed Of Trust
related
$400,000 · Virginia Commerce Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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