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Financial
Distress signals
Property profile

1508 U St Washington, DC 20009

FOR SALE
Retail space
Property ID
US16-0032855
2,469 SF 0.04 ac lot Built 1900
Last sale Aug 2018 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional four-story, 3,600 square foot mixed-use building at 1508 U Street NW in Washington, DC, is offered at $2,875,000. Built in 2004 and renovated in 2020, this property boasts a desirable MU-4 zoning designation and features two units across 3,600 net rentable square feet. Currently vacant with an occupancy date of October 11, 2024, it presents a unique opportunity for owner-users or investors. The building includes four on-site parking spaces and benefits from its location near…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$1.67M
Assessed land$780k
Assessed improvement$885k
Effective rate1.77%

Value estimate

· Oct 2026
$280k
$252k – $308k
CAP approach$665k
NOI build-up
Gross scheduled income$125k
Vacancy & credit loss−$10k
Operating expenses−$43k
NOI · 3.81% cap applied$72k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$356/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$260 – $476
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3.81%
$72k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MU-4
This zone provide for mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residenti...
General categoryMIXED_USE
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand index
Laundromat12.9
Auto Parts Store11.4
Butcher9.2

Location

1508 U St Washington, DC 20009
County assessor Recorded deeds · 8 transfers 7 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
1921 18th NW, Washington, DC 20009-1706 $1,400,000 Jul 2025 2,502 SF
1900 16th NW, Washington, DC 20009-3308 $900,000 Mar 2024 2,189 SF
1706 R NW, Washington, DC 20009-2410 $960,000 Feb 2024 2,740 SF
1810 Florida NW, Washington, DC 20009-2261 $1,400,000 Sep 2023 2,390 SF
1900 Wyoming NW, Washington, DC 20009-5043 $887,700 Dec 2022 2,380 SF
2300 Champlain NW, Washington, DC 20009-2600 $1,155,000 Sep 2022 2,749 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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