Property summary
The property consists of two contiguous commercial spaces in a downtown office building, including a 2,768-square-foot corner space that was formerly used as a Cosi restaurant and a 7,573-square-foot former restaurant space with full ventilation and visibility along 15th St NW. The location is across from McPherson Square and is within approximately one mile of The White House, with nearby Metro access at Farragut North (Red Line) and Farragut West and McPherson Square stations (Orange/Blue/Silver Lines within about a 0.2-mile walk). The building is a 416,000-square-foot Class A property.
Property profile
VerifiedCap rate & NOI
Current use
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Financial Advisor
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Law Firm
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Financial Advisor
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Financial Advisor
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Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
AND OBJECTIVE (D-5-R) 547 DENSITY - FLOOR AREA RATIO (FAR) (D-5-R) 548 HEIGHT (D-5-R) 549 FRONT BUILD-TO (D-5-R) 550 FRONT SETBACK (D-5-R) 551 COURT (D-5-R) 552 USES (D-5-R) 553 DESIGN (D-5-R) 554 PURPOSE AND OBJECTIVE (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D-6 · Washington, DCAND OBJECTIVE (D-5-R) 547 DENSITY - FLOOR AREA RATIO (FAR) (D-5-R) 548 HEIGHT (D-5-R) 549 FRONT BUILD-TO (D-5-R) 550 FRONT SETBACK (D-5-R) 551 COURT (D-5-R) 552 USES (D-5-R) 553 DESIGN (D-5-R) 554 PURPOSE AND OBJECTIVE (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
AND OBJECTIVE (D-5-R) 547 DENSITY - FLOOR AREA RATIO (FAR) (D-5-R) 548 HEIGHT (D-5-R) 549 FRONT BUILD-TO (D-5-R) 550 FRONT SETBACK (D-5-R) 551 COURT (D-5-R) 552 USES (D-5-R) 553 DESIGN (D-5-R) 554 PURPOSE AND OBJECTIVE (…
What can be built and operated here — officially.
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