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1200 G NW St Washington, DC 20005-3814

OFF-MARKET Office buildings Google Maps
269,751 SF 0.45 ac lot Built 1991
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$3.02M
Range $2.72M – $3.32M (±10%)
Property ID US16-0100269

Property summary

AI-generated overview

This Class A, 17,627 square foot office building in Washington County offers a variety of flexible workspace solutions. Recently renovated in 2019, the property boasts 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant, presenting a unique opportunity for businesses of all sizes. The building features modern amenities including elevators and is ideally situated in the vibrant East End business district, providing convenient access to major government buildings, cultural attractions, and public transportation. Available options include private, fully furnished offices, customizable spaces, coworking areas with dedicated desks and hot-desking, and state-of-the-art meeting rooms equipped with the latest technology. Virtual office options are also available, offering a professional business address with mail forwarding and call answering services. A comprehensive benefits program, including exclusive discounts and procurement support, is offered to tenants. This prime location offers a blend of prestige, convenience, and flexible workspace solutions to meet diverse business needs. The building's striking lobby and colorful artwork create an inspiring and creative atmosphere.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Construction TILT-UP CONCRETE
Total area 269,751 SF
Lot 0.45 ac (19,632 SF)
Zoning code D-7
APN 0289 0831
UPID US16-0100269

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$3.02M

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

D-7 · Washington, DC
Zoning description

(D-6) 561 PURPOSE AND OBJECTIVE (D-6-R) 562 DENSITY - FLOOR AREA RATIO (FAR) (D-6-R) 563 HEIGHT (D-6-R) 564 FRONT BUILD-TO (D-6-R) 565 FRONT SETBACK (D-6-R) 566 USES (D-6-R) 567 DESIGN (D-6-R) 568 PURPOSE AND OBJECTIVE (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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