Financial
Distress signals
Property profile

1501 Harry Thomas NE Way Washington, DC 20002

OFF-MARKET
Retail space
Property ID
US16-0165016
5,551 SF 0.14 ac lot Built 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property comprises 2,326 square feet of vented retail and/or restaurant space and is located within a mixed-use development that includes 330 apartment units and approximately 7,500 square feet of ground-floor retail. It is situated across from Brooklyn Boulders and Union Kitchen, between Harry Thomas Way & R Street NE, along the Metropolitan Branch Trail, with adjacent outdoor seating provided near Tanner Park, a 2.5-acre park. The NoMA/Gallaudet U Metro Station is approximately an 8-minute walk away.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$30k
Tax billed · 2023
Assessed value$1.80M
Assessed land$259k
Assessed improvement$1.54M
Effective rate1.65%

Value estimate

· Sep 2026
$1.13M
$1.02M – $1.24M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$181 – $437
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PDR-4
This zone is intended to permit high-density commercial and PDR activities employing a large workforce and requiring some heavy machinery...
General categoryINDUSTRIAL
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office10.6
Nursing Home10.2
Laundromat9.9

Location

1501 Harry Thomas NE Way Washington, DC 20002-4361
County assessor Recorded deeds · not on file 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1923 Lincoln NE, Washington, DC 20002-1332 $1,000,000 Dec 2025 3,386 SF
1121 Florida NE, Washington, DC 20002-7103 $780,000 Jul 2025 3,501 SF
1631 Capitol NE, Washington, DC 20002-2107 $75,000 Apr 2025 3,147 SF
906 H NE, Washington, DC 20002-3742 $2,750,000 Feb 2025 6,508 SF
1359 H NE, Washington, DC 20002-4406 $2,200,000 Jan 2025 3,380 SF
1500 Capitol NW, Washington, DC 20002-3344 $1,500,000 Oct 2024 3,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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