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Financial
Distress signals
Property profile

1501 K NW St Washington, DC 20005

OFF-MARKET
Office buildings
Property ID
US16-0118845
502,963 SF 0.84 ac lot Built 1923
Last sale Dec 2018 · $385,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

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.

Debts

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?
$5.72M
Tax billed · 2023
Assessed value$308.48M
Assessed land$75.09M
Assessed improvement$233.39M
Effective rate1.86%

Value estimate

· Oct 2026
$12.25M
$11.03M – $13.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$395/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$159 – $644

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?
D-6
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...
General categoryMIXED_USE
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.6
Butcher9.0
Tanning Salon8.1

Location

1501 K NW St Washington, DC 20005-1403
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1401 H NW, Washington, DC 20005-2202 $118,086,000 Mar 2025 480,132 SF
725 12th NW, Washington, DC 20005-3901 $34,000,000 Dec 2024 457,926 SF
1015 15th NW, Washington, DC 20005-2617 $60,130,379 Dec 2024 252,721 SF
1501 M NW, Washington, DC 20005-1700 $29,375,000 Sep 2024 269,837 SF
733 13th NW, Washington, DC 20005-3903 $27,500,000 Sep 2024 246,351 SF
901 15th NW, Washington, DC 20005-2327 $209,100,000 Nov 2019 355,204 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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