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Property profile & analytics
OFF-MARKET
Turn key restaurants
1214 U NW St Washington, DC 20009-4443
Individually Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US16-0044612
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1921
Construction
BRICK
Total area
3,128 SF
Lot
0.05 ac (2,100 SF)
Zoning code
ARTS-1
APN
0274 0139
UPID
US16-0044612
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eugenie A Lucas · 21 yrs held
Eugenie A Lucas
since 2005
3 recorded transactions
Zoning & alternative use
ARTS-1 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CEPTION (StE) 615 USES PROHIBITED (StE) 616 ACCESSORY USES (StE) 617 PREFERRED USES (StE) 618 SPECIAL EXCEPTION - GENERAL USE PROVISIONS (StE) 619 PREFERRED USE REQUIREMENTS (StE) CHAPTER 8 MIXED-USE-UPTOWN ARTS ZONES - ARTS-1 THROUGH ARTS-4 800 PURPOSE AND INTENT (ARTS) 801 DENSITY - FLOOR AREA RATIO (FAR) (ARTS) 802 BONUS DENSITY (ARTS) 803 HEIGHT AND PENT…
Zone name
Mixed Use Uptown Arts
General category
MIXED_USE
Zone area
6.04 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,825
Tax year 2023
Assessed value
$1,383,340
Assessed 2023
Previous assessed
$1,383,340
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$822,530
Assessed improvement
$560,810
Land market value
$822,530
Improvement market value
$560,810
Total market value
$1,383,340
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1921
Construction
BRICK
Heating
NONE
Stories
2
Total area
3,128 SF
Lot
0.05 ac (2,100 SF)
Zoning code
ARTS-1
APN
0274 0139
UPID
US16-0044612
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
ARTS-1 · Washington, DCZoning ARTS-1 · permitted uses
ARTS-1 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CEPTION (StE) 615 USES PROHIBITED (StE) 616 ACCESSORY USES (StE) 617 PREFERRED USES (StE) 618 SPECIAL EXCEPTION - GENERAL USE PROVISIONS (StE) 619 PREFERRED USE REQUIREMENTS (StE) CHAPTER 8 MIXED-USE-UPTOWN ARTS ZONES - ARTS-1 THROUGH ARTS-4 800 PURPOSE AND INTENT (ARTS) 801 DENSITY - FLOOR AREA RATIO (FAR) (ARTS) 802 BONUS DENSITY (ARTS) 803 HEIGHT AND PENTHOUSE AND ROOFTOP REGULATIONS (ARTS) 804 LOT OCCUPANCY (ARTS) 805 REAR YARD (ARTS) 806
Zone name
Mixed Use Uptown Arts
General category
MIXED_USE
Zone area
6.04 ac
Building & site characteristics
From public records
Year built
1921
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Eugenie A Lucas
Individual
Mailing address
1823 WYOMING AVE NW, WASHINGTON, DC 20009-1801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
—
Eugenie A Lucas
—
Deed
related
$225,000 · Alternative Capital Funding LLC
Mar 9, 2005
—
Eugenie A Lucas
Battle,morris
Grant Deed
related
—
—
—
Eugenie A Lucas
—
Deed Of Trust
related
$350,000 · Wachovia Bank NA
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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