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Property profile & analytics
OFF-MARKET
Estimated value
$8,815,000
Office buildings
1255 Un NE St Washington, DC 20002-7042
Entity Owned
8-yr Hold
Free & Clear
Property ID
US16-0183615
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Construction
STEEL FRAME
Total area
237,645 SF
Lot
0.64 ac (27,776 SF)
Zoning code
PDR-1
APN
3587 0833
UPID
US16-0183615
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
$8.82M
Owner & transaction history
Cp Market Terminal LLC · 8 yrs held
Cp Market Terminal LLC
since 2018
7 recorded transactions
Zoning & alternative use
PDR-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$37 / 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
$1,665,179
Tax year 2023
Assessed value
$88,748,180
Assessed 2023
Previous assessed
$88,748,180
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$16,216,740
Assessed improvement
$72,531,440
Land market value
$16,216,740
Improvement market value
$72,531,440
Total market value
$88,748,180
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
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
NONE
Stories
10
Total area
237,645 SF
Lot
0.64 ac (27,776 SF)
Zoning code
PDR-1
APN
3587 0833
UPID
US16-0183615
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDR-1 · Washington, DC
Zoning PDR-1 · permitted uses
PDR-1 · 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.
Building & site characteristics
From public records
Year built
2021
Construction
STEEL FRAME
Heating
NONE
Stories
10
Lot
0.64 ac
Current owner
From public records · entity-resolved
Cp Market Terminal LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1615 L ST NW STE #650, WASHINGTON, DC 20036-5606
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2018
$1,000
Cp Market Terminal LLC
Jemals Tko LLC
Grant Deed
related
—
Jun 24, 2013
—
Jemals Tko LLC
Min S Kang
Grant Deed
related
$13,500,000 · Douglas Dev Corp
Jan 13, 2004
$2,955,000
Kangs Farms INC
Dls Associates
Grant Deed
$2,305,000 · Dls Associates
—
—
Jemals East 451 LLC
—
Deed Of Trust
related
$24,800,000 · Cardinal Bk
—
—
Kang,min S & Man S
—
Deed Of Trust
related
$4,207,500 · Eagle Bk
—
—
Kangs Farms INC
—
Deed Of Trust
related
$1,500,000 · Private Individual
—
—
Kangs Farms INC
—
Deed Of Trust
related
$2,407,255 · Private Individual
—
—
Kangs Farms INC
—
Loan Modification
related
$722,500 · Eagle Bk
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.
Try Rey
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