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Property profile & analytics
OFF-MARKET
Estimated value
$17,020,000
Grocery and convenience stores
1631 Kalorama NW Rd 14 Washington, DC 20009-3514
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US16-0046019
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1940
Construction
BRICK
Total area
116,690 SF
Lot
0.98 ac (42,485 SF)
Zoning code
RC-3
APN
2572 0036
UPID
US16-0046019
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.02M
Owner & transaction history
Jemals Citadel LLC · 1 yrs held
Jemals Citadel LLC
since 2025
6 recorded transactions
Zoning & alternative use
RC-3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$146 / 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
$331,531
Tax year 2023
Assessed value
$20,698,040
Assessed 2023
Previous assessed
$20,698,040
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$11,453,530
Assessed improvement
$9,244,510
Land market value
$11,453,530
Improvement market value
$9,244,510
Total market value
$20,698,040
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1940
Construction
BRICK
Heating
NONE
Stories
2
Total area
116,690 SF
Lot
0.98 ac (42,485 SF)
Zoning code
RC-3
APN
2572 0036
UPID
US16-0046019
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RC-3 · Washington, DC
Zoning RC-3 · permitted uses
RC-3 · 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.
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Jemals Citadel LLC
Entity
Mailing address
655 NEW YORK AVE NW STE #830, WASHINGTON, DC 20001-5795
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
—
Jemals Citadel LLC
—
Deed
related
$17,000,000 · Rga Reinsurance Company
Apr 20, 2018
—
Jimals Citadel LLC
—
Deed
related
$437,920 · Miscellaneous Ins Co
Jan 4, 2012
—
Jemals Citadel LLC
—
Deed Of Trust
related
$14,050,000 · Lafayette FCU
—
—
Jemals Citadel LLC
—
Deed Of Trust
related
$19,300,000 · Rga Reinsurance Co
—
—
Jimals Citadel LLC
—
Loan Modification
related
$437,920 · Miscellaneous Ins Co
—
—
Jemals Citadel LLC
—
Deed Of Trust
related
$1,350,000 · Branch Banking & Trust Co
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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