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Property profile & analytics
OFF-MARKET
Office buildings
1275 1st NE St Washington, DC 20002-3210
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US16-0139798
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
STEEL FRAME
Zoning code
D-5
APN
0711 7019
UPID
US16-0139798
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
-
Moe's Southwest Grill Take-out & Catering Catering Service
-
Office of Inspector General - Peace Corps Government Office
-
Peace Corps Employees Union AFSCME Local 3548 Advocacy Group
-
Peet's Coffee Cafe & Coffee Shop
-
Colonial Parking Parking Lot & Garage
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
Washington Dc IV Fgf LLC · 6 yrs held
Washington Dc IV Fgf LLC
since 2019
5 recorded transactions
Zoning & alternative use
D-5 · 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
—
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
$1,185,450
Tax year 2023
Assessed value
$62,722,230
Assessed 2023
Previous assessed
$62,722,230
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$20,062,980
Assessed improvement
$42,659,250
Land market value
$20,062,980
Improvement market value
$42,659,250
Total market value
$62,722,230
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2010
Construction
STEEL FRAME
Heating
NONE
Zoning code
D-5
APN
0711 7019
UPID
US16-0139798
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
D-5 · Washington, DC
Zoning D-5 · permitted uses
D-5 · 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
2010
Construction
STEEL FRAME
Heating
NONE
Current owner
From public records · entity-resolved
Washington Dc IV Fgf LLC
Entity
Mailing address
1 N WACKER DR STE #4025, CHICAGO, IL 60606-2844
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2019
—
Washington Dc IV Fgf LLC
Cs Office One LLC
Trustees Deed
related
$144,340,000 · Bank Of America
Nov 3, 2017
—
Cs Office One LLC
—
Grant Deed
related
$121,400,000 · Mesa W Core Lndg Fund LLC
Nov 18, 2014
—
Cs Office One LLC
Cs Master V LLC
Quit Claim Deed
related
—
Oct 16, 2008
—
Cs Office One LLC
Lawyers Title Realty Svcs INC
Grant Deed
$67,675,000 · Pacific National Bank
—
—
Cs Office One LLC
—
Loan Modification
related
$49,280,523 · Us 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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