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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Warehouses
1402 1st SE St Washington, DC 20003-3504
Entity Owned
Free & Clear
Property ID
US16-0037105
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1910
Construction
BRICK
Total area
20,956 SF
Lot
1.59 ac (69,119 SF)
Zoning code
CG-5
APN
0744 SS 0808
UPID
US16-0037105
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
$1.80M
Blend (final)
Blend
$2.19M
Owner & transaction history
DISTRICT COLUMBIA
DISTRICT COLUMBIA
Zoning & alternative use
CG-5 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ATEWAY ZONES - CG-1 THROUGH CG-7 500 GENERAL PROVISIONS (CG) 501 DEVELOPMENT STANDARDS (CG-1) 502 DEVELOPMENT STANDARDS (CG-2) 503 DEVELOPMENT STANDARDS (CG-3) 504 DEVELOPMENT STANDARDS (CG-4) 505 DEVELOPMENT STANDARDS (CG-5) 506 DEVELOPMENT STANDARDS (CG-6 AND CG-7) 507 USE PERMISSIONS (CG) 508 DESIGNATED STREETS (CG) 509 USE REQUIREMENTS FOR DESIGNATED STR…
Zone name
Capitol Gateway
General category
MIXED_USE
Zone area
46.33 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±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
$105 / 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 2024Property tax & assessments
Tax year 2024
Assessed value
$7,836,100
Assessed 2024
Previous assessed
$7,697,110
+1.8% YoY
Assessed land
$7,305,190
Assessed improvement
$530,910
Land market value
$7,305,190
Improvement market value
$530,910
Total market value
$7,836,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1910
Construction
BRICK
Stories
1
Units
2
Total area
20,956 SF
Lot
1.59 ac (69,119 SF)
Zoning code
CG-5
APN
0744 SS 0808
UPID
US16-0037105
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CG-5 · Washington, DCZoning CG-5 · permitted uses
CG-5 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ATEWAY ZONES - CG-1 THROUGH CG-7 500 GENERAL PROVISIONS (CG) 501 DEVELOPMENT STANDARDS (CG-1) 502 DEVELOPMENT STANDARDS (CG-2) 503 DEVELOPMENT STANDARDS (CG-3) 504 DEVELOPMENT STANDARDS (CG-4) 505 DEVELOPMENT STANDARDS (CG-5) 506 DEVELOPMENT STANDARDS (CG-6 AND CG-7) 507 USE PERMISSIONS (CG) 508 DESIGNATED STREETS (CG) 509 USE REQUIREMENTS FOR DESIGNATED STREETS (CG) 510 DESIGN REQUIREMENTS FOR DESIGNATED STREETS (CG) 511 CERTIFICATION OF C
Zone name
Capitol Gateway
General category
MIXED_USE
Zone area
46.33 ac
Building & site characteristics
From public records
Year built
1910
Construction
BRICK
Stories
1
Units
2
Lot
1.59 ac
Current owner
From public records · entity-resolved
DISTRICT COLUMBIA
Individual
Free & Clear · 0 yrs held
Mailing address
1350 PENNSYLVANIA AVE NW STE #317, WASHINGTON, DC 20004-3049
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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