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Property profile & analytics
FOR LEASE
Office buildings
1101 14Th St NW, Washington, DC 20005
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US16-0092941
For Lease
1 / 6
$18,200,000
1101 14Th St NW, Washington, DC 20005
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
TILT-UP CONCRETE
Total area
155,374 SF
Lot
0.28 ac (12,368 SF)
Zoning code
D-6
APN
0247 0092
UPID
US16-0092941
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
$18.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.20M
Owner & transaction history
Melrose Washington Holdings LLC · 2 yrs held
Melrose Washington Holdings LLC
since 2024
Last sale
$18.2M
4 recorded transactions
Zoning & alternative use
D-6 · 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
Method
Estimation
Statistic approach
$18,200,000
ML approach
$18,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.20M
Range $16.38M – $20.02M · ±10% · vs last sale $18.20M (Jan 4 2024)
Last sale anchor
$18.20M
Jan 4 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / 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
$906,902
Tax year 2023
Assessed value
$49,196,150
Assessed 2023
Previous assessed
$49,196,150
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$16,155,700
Assessed improvement
$33,040,450
Land market value
$16,155,700
Improvement market value
$33,040,450
Total market value
$49,196,150
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 buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
14
Total area
155,374 SF
Lot
0.28 ac (12,368 SF)
Zoning code
D-6
APN
0247 0092
UPID
US16-0092941
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
D-6 · Washington, DC
Zoning D-6 · permitted uses
D-6 · 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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
14
Lot
0.28 ac
Current owner
From public records · entity-resolved
Melrose Washington Holdings LLC
Entity
Mailing address
60 MAYFLOWER DR, TENAFLY, NJ 07670-3130
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2024
$18,200,000
Melrose Washington Holdings LLC
Realty Associates Fund Xi Portfolio
Deed
$9,100,000 · American Family Mutual Insurance Co
Jan 23, 2019
—
Realty Assocs Fund Xi Portfoli
—
Grant Deed
related
$35,000,000 · Us Bk
Nov 2, 2017
$61,750,000
Realty Assocs Fund Xi Portfoli
Azure 14th Street Corp
Grant Deed
—
—
—
Azure 14th Street Corp
—
Deed Of Trust
related
$15,000,000 · Massachusetts Mutual Life Ins
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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