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Property profile & analytics
FOR LEASE
Office buildings
1111 19Th St NW Washington, DC 20036
Entity Owned
1-yr Hold
Free & Clear
Property ID
US16-0094268
For Lease
1 / 2
$28 SF/Yr
1111 19Th St NW, Washington, DC 20036
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
TILT-UP CONCRETE
Total area
270,061 SF
Lot
0.6 ac (26,195 SF)
Zoning code
D-6
APN
0140 0090
UPID
US16-0094268
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
$203.00M
CAP Approach
CAP
$140.72M
Comparable Approach
Comparable
$139.58M
Blend (final)
Blend
$203.00M
Owner & transaction history
Reep Ofc 1111 19nw Dc LLC · 1 yrs held
Reep Ofc 1111 19nw Dc LLC
since 2024
Last sale
$203.0M
7 recorded transactions
Zoning & alternative use
D-6 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$231.3M
+120.5%
Restaurant
$170.1M
+62.2%
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
$203,000,000
ML approach
$203,000,000
CAP Approach
CAP Return
Estimation
6%
$152,445,000
6.5%
$140,720,000
7%
$130,665,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$231,280,000
Change: +121% · Conversion: Difficult
RESTAURANT
$170,130,000
Change: +62% · Conversion: Moderate
Blend value · Realmo final
$203.00M
Range $182.70M – $223.30M · ±10% · vs last sale $203.00M (Dec 23 2024)
Last sale anchor
$203.00M
Dec 23 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
$752 / 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
$3,210,451
Tax year 2023
Assessed value
$175,610,560
Assessed 2023
Previous assessed
$175,610,560
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$43,221,750
Assessed improvement
$132,388,810
Land market value
$43,221,750
Improvement market value
$132,388,810
Total market value
$175,610,560
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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
270,061 SF
Lot
0.6 ac (26,195 SF)
Zoning code
D-6
APN
0140 0090
UPID
US16-0094268
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$231.3M
RESTAURANT
Est. value
$170.1M
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Reep Ofc 1111 19nw Dc LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1111 19TH ST NW STE #211, WASHINGTON, DC 20036-3628
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
$43,000,000
Reep Ofc 1111 19nw Dc LLC
Unizo Real Estate Dc Nine LLC
Trust Deed
related
—
Oct 5, 2017
—
Unizo Real Estate Dc Nine LLC
—
Deed
related
$115,000,000 · Miscellaneous Ins Co
Sep 20, 2017
$203,000,000
Unizo Real Estate Dc Nine LLC
Columbia Dc 1111 19th Street O
Grant Deed
—
Mar 14, 2013
—
Columbia Dc 1111 19th Street O
—
Deed Of Trust
related
$60,000,000 · Bank Of America California NA
Mar 4, 2013
—
1111 19th Street O Columbia Dc
—
Deed Of Trust
related
$296,000,000 · Bank Of America
Feb 22, 2008
$115,000,000
1111 19th Street O Columbia Dc
Dc-1111 19th Street
Deed Of Trust
$57,500,000 · Oregon Public Emps Retirement
Jul 11, 1997
—
Eop-1111 19th Street LLC
Rosenberg,sheli Z
Quit Claim Deed
related
—
—
—
Columbia Dc 1111 19th Street O
—
Loan Modification
related
$60,000,000 · Bank Of America
—
—
Unizo Real Estate Dc Nine LLC
—
Deed Of Trust
related
$115,000,000 · Miscellaneous Ins Co
—
—
1111 19th Street O Columbia Dc
—
Deed Of Trust
related
$57,500,000 · Northwestern 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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