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Property profile & analytics
OFF-MARKET
Estimated value
$4,155,000
Commercial real estate
1421 Kenilworth NE Ave, Washington, DC 20019-2713
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US16-0050439
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1952
Construction
TILT-UP CONCRETE
Total area
13,520 SF
Lot
0.78 ac (34,080 SF)
Zoning code
PDR-1
APN
5164 0012
UPID
US16-0050439
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
$4.40M
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$4.16M
Owner & transaction history
Cedarhill Associates LLC · 7 yrs held
Cedarhill Associates LLC
since 2019
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,760,000
6.5%
$4,395,000
7%
$4,080,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,890,000
Current use
OFFICE BUILDING
$5,425,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$4.16M
Range $3.74M – $4.57M · ±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
$307 / 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
$77,940
Tax year 2023
Assessed value
$3,840,510
Assessed 2023
Previous assessed
$3,840,510
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,348,550
Assessed improvement
$2,491,960
Land market value
$1,348,550
Improvement market value
$2,491,960
Total market value
$3,840,510
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Total area
13,520 SF
Lot
0.78 ac (34,080 SF)
Zoning code
PDR-1
APN
5164 0012
UPID
US16-0050439
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.9M
OFFICE BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Cedarhill Associates LLC
Entity
Mailing address
PO BOX 15052, WASHINGTON, DC 20003-0052
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2020
—
Cedarhill Associates LLC
—
Deed
related
$5,145,140 · City First Bk/dc NA
Jun 11, 2020
—
Cedarhill Associates LLC
—
Deed
related
$4,725,140 · City First Bank Of Dc NA
Jun 18, 2019
—
Cedarhill Associates LLC
Mtr LLC
Grant Deed
$2,750,000 · Mtr LLC
Dec 30, 2008
$1,030,299
Mtr LLC
1421 Trust
Grant Deed
—
—
—
Mtr LLC
—
Deed Of Trust
related
$700,000 · Columbia Bank
—
—
Mtr LLC
—
Deed Of Trust
related
$250,000 · Revere Bk
—
—
Cedarhill Associates LLC
—
Loan Modification
related
$5,145,140 · City First Bk/dc NA
—
—
1421 Trust-eric Tuff
—
Deed Of Trust
related
$290,000 · Nastos Construction
—
—
Mtr LLC
—
Deed Of Trust
related
$500,000 · Columbia Bank
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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