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1037 Bladensburg Rd Nec-2 Washington, DC 20002-2922

OFF-MARKET Commercial real estate Google Maps
851 SF 0.01 ac lot Built 2010
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$200k
Range $180k – $220k (±10%)
Property ID US16-0127229

Property summary

AI-generated overview

This 1,031 square foot, vacant commercial condo at 1037 Bladensburg Rd NE, Washington, DC 20002, presents a unique investment opportunity. Located in a vibrant neighborhood near the U.S. Capitol, Union Market, and the H Street Corridor, this property boasts high visibility and accessibility. Built in 2010, this Class B, single-story building is zoned MU-4, allowing for versatile use as a restaurant, storefront, traditional office, or medical office. Currently configured as a corporate office, it includes a private restroom with a shower and offers potential for retail frontage. The property's modern design and ample natural light create an inviting atmosphere. Its prime location within a bustling area of eclectic shops, eateries, and entertainment venues makes it ideal for owner-users or investors seeking a high-traffic location with significant growth potential. The asking price is $459,900. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a highly desirable and rapidly developing area of Washington, D.C. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs. Its proximity to popular attractions and its modern amenities make it an attractive option for a wide range of businesses.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2010
Construction BRICK
Total area 851 SF
Lot 0.01 ac (420 SF)
APN 4473 2002
UPID US16-0127229

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2025
6 recorded transactions
2025
$416,000
2017
Price N/A
2017
Price N/A
2016
Price N/A
2013
$117,500
1969
Price N/A

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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