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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1305 Potomac NW St Washington, DC 20007-2826

    • Apartment buildings
    • 9,274 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    $445,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US16-0080226
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1305 Potomac NW St

    Year built
    1943
    Construction
    BRICK
    Lot size
    0.10 lot acres
    Property size
    9,274 SF
    Zone code
    R-20
    Property type
    Apartment buildings
    APN
    1231 0834
    APU
    12310834

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $515,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $379,000
      Market price range: $241k - $563k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    DC
    Longitude
    -77.065
    Latitude
    38.907
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,546
    $986,930
    $850,500
    $1,837,430
    -
    $986,930
    $850,500
    $1,837,430

    Comparable in this City

    • Value Estimation
      $955,000
      28,516 SF

      2514 Tunlaw NW Rd, Unit 102

      APARTMENT HOUSE (5+ UNITS) • 28,516 SF
      2514 Tunlaw NW Rd, Washington, DC 20007-6303
      View Details
    • Value Estimation
      $550,000
      18,135 SF

      2320 41st NW St, Unit 201

      APARTMENT HOUSE (5+ UNITS) • 18,135 SF
      2320 41st NW St, Washington, DC 20007-4988
      View Details
    • Value Estimation
      $550,000
      19,728 SF

      2900 Q NW St, Unit 203

      APARTMENT HOUSE (5+ UNITS) • 19,728 SF
      2900 Q NW St, Washington, DC 20007-3083
      View Details
    • Value Estimation
      $485,000
      15,072 SF

      4106 Beecher NW St, Unit 3

      APARTMENT HOUSE (5+ UNITS) • 15,072 SF
      4106 Beecher NW St, Washington, DC 20007-4955
      View Details
    • Value Estimation
      $540,000
      16,890 SF

      2200 Wisconsin NW Ave

      APARTMENT HOUSE (5+ UNITS) • 16,890 SF
      2200 Wisconsin NW Ave, Washington, DC 20007-4103
      View Details
    • Value Estimation
      $1,005,000
      25,608 SF

      4465 Macarthur NW Blvd

      APARTMENT HOUSE (5+ UNITS) • 25,608 SF
      4465 Macarthur NW Blvd, Washington, DC 20007-2553
      View Details

    Similar Nearby for Sale

    • $6,950,000
      4,018 SF

      Georgetown Penthouse with Potomac Views

      Luxury penthouse with river views, private terrace, and premium amenities.
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    • $245,000

      Bright Apartment Near Georgetown Reservoir

      Updated one-bedroom apartment with parking and storage near Georgetown.
      4581 Macarthur Blvd NW 103, Washington, DC 20007
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    • $5,600,000
      7,325 SF

      Georgetown Multifamily Investment Opportunity

      Rare Georgetown multifamily asset with secure cash flow and enduring demand.
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    • $123,232

      Lower-Level One Bedroom Co-op

      One-bedroom co-op with hardwood floors and lush greenery views.
      2316 40Th St NW 103, Washington, DC 20007
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    • $2,500,000
      4,457 SF

      Luxurious Multi-Level Residence with Apartment

      Expansive residence with lower-level apartment, ideal for modern living.
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    • New
      $2,250,000
      3,032 SF

      Georgetown Multi-Family with Potomac Views

      Ideally located Georgetown residence with flexible living and income options.
      3412 Prospect St NW, Washington, DC 20007
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      1,538 SF

      Glover Park Home For Rent

      Three-bedroom, two-bath home in Glover Park neighborhood, Washington, DC.
      2432 Tunlaw Rd NW, Washington, DC 20007
      View Details
    • Contact for pricing
      5,785 SF

      Prime Georgetown Retail Space

      5,785 SF Single-Tenant Retail in DC
      1901 Wisconsin Ave, Washington, DC 20007
      View Details
    • Contact for pricing
      7,761 SF

      Wisconsin Ave Retail Space

      Prime Georgetown Retail, Multiple Suites Available
      1211 Wisconsin Ave, Washington, DC 20007
      View Details
    • Contact for pricing
      900 SF

      Prime DC Executive Office Space

      900 SF Retail/Office in Georgetown
      2319 Wisconsin Ave, Washington, DC 20007
      View Details
    • $55 SF/Yr
      1,713 SF

      Glover Park Retail Space Available

      Retail space in Glover Park with storefront and parking.
      2201 Wisconsin Ave NW, Washington, DC 20007
      View Details
    • Contact for pricing
      4,307 SF

      Office Space in Washington Harbour

      Office space for lease in Washington, D.C. Available now.
      3000 K St NW, Washington, DC 20007
      View Details
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    Washington, DC 20007-2826
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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