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Property profile & analytics
OFF-MARKET Estimated value $560,000
Warehouses

1063 Wisconsin NW Ave Washington, DC 20007-3605

5,456 SF 0.11 ac lot Built 1900
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US16-0180673
Property summary
AI-generated overview

This exceptional retail space, located at 1063 Wisconsin Avenue NW in Washington, DC, 20007, offers a unique opportunity for businesses seeking a prominent location in a vibrant urban setting. The property is a single-tenant building encompassing a total of 8,192 square feet, with 1,572 square feet currently available for lease. This space presents a blank canvas for a variety of retail concepts, benefiting from high visibility and foot traffic along Wisconsin Avenue. The building boasts ample parking, with a total of 1,443 spaces available for tenants and customers. The property's address is conveniently situated in the heart of Washington, DC, providing easy access to public transportation, major roadways, and a diverse customer base. This is an ideal location for businesses seeking to establish a strong presence in a high-demand area. The property is classified as commercial retail and is designated as multi-tenant, although currently only one suite is available. The property's prime location and substantial parking make it an attractive option for businesses seeking to maximize their reach and convenience for customers. This is a rare opportunity to secure a significant retail space in a highly desirable area of Washington, DC. Interested parties are encouraged to inquire promptly.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1900
Construction BRICK
Total area 5,456 SF
Lot 0.11 ac (4,689 SF)
Zoning code MU-12
APN 1199 0061
UPID US16-0180673
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
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k
Owner & transaction history
Back 1063 Wisc LLC · 5 yrs held
Back 1063 Wisc LLC
since 2021
Last sale
$600,000
5 recorded transactions
2021
$600,000
2019
Price N/A
2008
Price N/A
2006
$933,338
1969
Price N/A
Zoning & alternative use
MU-12 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This zone provide for mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities. This zone is applied generally in the vicinity of the waterfront

Zone name Mixed Use
General category MIXED_USE
Zone area 85.25 ac
Source Realmo
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