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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office Spaces
1206 Potomac St Nwt8 Washington, DC 20007-3211
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US16-0055633
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1980
Construction
BRICK
Total area
2,100 SF
Lot
0.02 ac (738 SF)
Zoning code
MU4
APN
1206 2018
UPID
US16-0055633
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
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
1200 Potomac Street Offices Ll · 13 yrs held
1200 Potomac Street Offices Ll
since 2013
6 recorded transactions
Zoning & alternative use
MU4 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,095,000
7%
$1,015,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,300,000
Current use
RETAIL STORES
$1,135,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±10%
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
$381 / 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
$14,656
Tax year 2023
Assessed value
$919,730
Assessed 2023
Previous assessed
$919,730
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$446,490
Assessed improvement
$473,240
Land market value
$446,490
Improvement market value
$473,240
Total market value
$919,730
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1980
Construction
BRICK
Heating
NONE
Stories
1
Total area
2,100 SF
Lot
0.02 ac (738 SF)
Zoning code
MU4
APN
1206 2018
UPID
US16-0055633
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
MU4 · Washington, DC
Zoning MU4 · permitted uses
MU4 · 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
OFFICE BUILDING Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
RETAIL STORES
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
1980
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
1200 Potomac Street Offices Ll
Individual
Mailing address
3800 PARKLAND DR, FAIRFAX, VA 22033-2641
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2013
$4,000,000
1200 Potomac Street Offices Ll
Cadillac Investment Ptrs LLC
Grant Deed
$2,800,000 · United Bank
Oct 14, 2011
—
Cadillac Investment Ptrs LLC
—
Deed Of Trust
related
$1,500,000 · Virginia Commerce Bank
Sep 15, 2011
—
Cadillac Investment Ptrs LLC
—
Deed Of Trust
related
$1,843,758 · Virginia Commerce Bank
Feb 9, 2006
$3,000,000
Cadillac Investment Partners LLC
National Outdoor Sports Advertis
Grant Deed
$2,000,000 · Branch Banking & Trust Co
—
—
Cadillac Investment Ptrs LLC
—
Deed Of Trust
related
$400,000 · Branch Banking & Trust Co
—
—
National Outdoor Sports Advert
—
Deed Of Trust
related
$456,500 · First Union Nat'l Bank Md
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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