Property summary
The property is a high-rise office building located at the corner of 13th and L Streets in Washington, one block north of Franklin Square. The structure features a granite base and rises twelve floors, with exterior materials including natural stones, iron spot brick, and polished metals, and is topped with stainless steel spires. Pedestrian access is provided by entrances along 13th and L Streets with ornamented canopies leading to a two-story lobby that includes patterned granite floors, polished stone wainscoting, custom lighting, and stylized woodwork. The building includes setbacks that form paved terraces and offer views. Interior and building amenities include a concierge, a two-story lobby area, a conference center, a fitness center, a courtyard, and a balcony. Transportation and parking features include two shuttle elevators and secure access to nearly 200 below-grade parking spaces for tenants and guests. The referenced office space within the building measures approximately 11,341 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Charitable Organization Social Service Agency
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Law Firm
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Law Firm
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
REQUIREMENTS (D-3) 523 PURPOSE AND OBJECTIVE (D-4) 524 DENSITY - FLOOR AREA RATIO (FAR) (D-4) 525 HEIGHT (D-4) 526 FRONT BUILD-TO (D-4) 527 FRONT SETBACK (D-4) 528 USES (D-4) 529 DESIGN (D-4) 530 PURPOSE AND OBJECTIVE (D…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D-4-R · Washington, DCREQUIREMENTS (D-3) 523 PURPOSE AND OBJECTIVE (D-4) 524 DENSITY - FLOOR AREA RATIO (FAR) (D-4) 525 HEIGHT (D-4) 526 FRONT BUILD-TO (D-4) 527 FRONT SETBACK (D-4) 528 USES (D-4) 529 DESIGN (D-4) 530 PURPOSE AND OBJECTIVE (D…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
REQUIREMENTS (D-3) 523 PURPOSE AND OBJECTIVE (D-4) 524 DENSITY - FLOOR AREA RATIO (FAR) (D-4) 525 HEIGHT (D-4) 526 FRONT BUILD-TO (D-4) 527 FRONT SETBACK (D-4) 528 USES (D-4) 529 DESIGN (D-4) 530 PURPOSE AND OBJECTIVE (D…
What can be built and operated here — officially.
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