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Property profile & analytics
OFF-MARKET
Retail space

1126 9Th St Washington, DC 20001

32,531 SF Built 2021
Property ID
US16-0090478
Property summary
AI-generated overview

This exceptional Class A mixed-use property, built in 2021, is located at 1126 9th St NW, Washington, DC 20001. The 32,531 square foot building sits on a 7,610 square foot lot and features 15 student housing units with a total of 67 bedrooms, and two ground-floor retail spaces totaling 3,999 square feet. The student housing units are a mix of two, four, five, and six-bedroom units, offering a variety of layouts. The property boasts a 93.33% occupancy rate. A medical cannabis dispensary occupies both retail units under a 10-year lease, commencing June 26, 2024. High-end finishes throughout the student housing units include vinyl plank flooring, stainless steel appliances, quartz countertops, tile backsplashes, and floor-to-ceiling windows. Each unit includes a washer/dryer. Common areas are furnished, and residents enjoy access to a shared rooftop. The property is fully furnished, including beds, mattresses, and kitchen utensils. Its prime location in the Mount Vernon Square neighborhood offers a Walk Score of 97, Transit Score of 100, and Bike Score of 99, providing unparalleled convenience and access to numerous restaurants, retail outlets, nationally ranked universities, and hospitals. The property is zoned MU-4. This turnkey asset presents a rare investment opportunity in a highly desirable and walkable area of Washington, DC.

Property profile
Verified
Property type Retail space
Year built 2021
Total area 32,531 SF
APN 0369-0000-0074
UPID US16-0090478
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
Current use
Occupant on record · Public records
  • Worth More Than Many Barber Shop
  • District Co-Living Apartment Building Furnished Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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