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Property profile & analytics
OFF-MARKET
Estimated value
$7,110,000
Office buildings
1412 I NW St, Washington, DC 20005-2205
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US16-0133577
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1906
Construction
BRICK
Total area
15,280 SF
Lot
0.09 ac (3,852 SF)
Zoning code
D-6
APN
0220 0806
UPID
US16-0133577
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
$6.81M
CAP Approach
CAP
$7.96M
Comparable Approach
Comparable
$4.99M
Blend (final)
Blend
$7.11M
Owner & transaction history
Dtld LLC · 3 yrs held
Dtld LLC
since 2022
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
D-6 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.6M
+59.4%
Commercial (general)
$6.7M
+10.2%
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
$6,440,000
ML approach
$6,805,000
CAP Approach
CAP Return
Estimation
6%
$8,625,000
6.5%
$7,960,000
7%
$7,395,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,040,000
Current use
RESTAURANT
$9,625,000
Change: +59% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,655,000
Change: +10% · Conversion: Easy
RETAIL STORES
$5,200,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$7.11M
Range $6.40M – $7.82M · ±10% · vs last sale $8.23M (Jul 12 2022)
Last sale anchor
$8.23M
Jul 12 2022
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
$465 / 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
$101,751
Tax year 2023
Assessed value
$5,154,710
Assessed 2023
Previous assessed
$5,154,710
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$2,542,320
Assessed improvement
$2,612,390
Land market value
$2,542,320
Improvement market value
$2,612,390
Total market value
$5,154,710
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
1906
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Total area
15,280 SF
Lot
0.09 ac (3,852 SF)
Zoning code
D-6
APN
0220 0806
UPID
US16-0133577
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
D-6 · Washington, DC
Zoning D-6 · permitted uses
D-6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.0M
RESTAURANT
Est. value
$9.6M
COMMERCIAL (GENERAL)
Est. value
$6.7M
RETAIL STORES
Est. value
$5.2M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1906
Construction
BRICK
Heating
NONE
Stories
2
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Dtld LLC
Entity
Mailing address
1775 I ST NW, WASHINGTON, DC 20006-2402
Ownership since
2022
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
Jul 12, 2022
$8,231,125
Dtld LLC
Alleyway Properties LLC
Special Warranty Deed
—
Sep 6, 2016
—
Alleyway Properties LLC
—
Deed
related
$4,297,000 · Chesapeake Busn Fin
Aug 17, 2015
$10,000,000
Alleyway Properties LLC
Alley Investors LLC
Grant Deed
related
$5,227,078 · Bank Of Georgetown
Jan 15, 2008
$3,608,401
Alley Investors LLC
Power Station Limited Par
Special Warranty Deed
—
—
—
Alley Investors LLC
—
Deed Of Trust
related
$413,000 · Wachovia Commercial Mortgage
—
—
Alleyway Properties LLC
—
Deed Of Trust
related
$4,297,000 · Chesapeake Busn Fin
—
—
Alley Investors LLC
—
Deed Of Trust
related
$2,000,000 · Business Finance Group INC
—
—
Alley Investors LLC
—
Deed Of Trust
related
$4,433,000 · Wachovia Commercial Mortgage
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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