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Financial
Distress signals
Property profile

1803 Connecticut Ave NW Washington, DC 20009

FOR LEASE
Retail space
Property ID
US16-0111676
6,973 SF 0.04 ac lot Built 1912
Last sale Dec 2012 · $23,243,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail opportunity is situated at 1803 Connecticut Avenue NW, Washington, DC, 20009, in Columbia County. The property boasts a total of 42,000 square feet, offering multiple tenancy options. Two spaces are currently available, with a minimum divisible space of 1,302 square feet and a maximum contiguous space of 5,590 square feet. A total of 6,892 square feet is currently vacant and ready for immediate occupancy. This prime location is on the corner of Connecticut Avenue and…

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?
$51k
Tax billed · 2023
Assessed value$2.89M
Assessed land$1.34M
Assessed improvement$1.54M
Effective rate1.75%

Value estimate

· Oct 2026
$1.36M
$1.22M – $1.50M
CAP approach$1.88M
NOI build-up
Gross scheduled income$157k
Vacancy & credit loss−$25k
Operating expenses−$33k
NOI · 248,286.79% cap applied$99k

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?
248,286.79%
$99k 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-20
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat14.3
Auto Parts Store11.8
Pet Grooming Service9.9

Location

1803 Connecticut Ave NW Washington, DC 20009
County assessor Recorded deeds · 3 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
1901 18th NW, Washington, DC 20009-1730 $1,460,000 Dec 2025 5,180 SF
1710 16th NW, Washington, DC 20009-3104 $2,400,000 Jul 2025 4,737 SF
2015 R NW, Washington, DC 20009-1075 $3,100,000 Mar 2025 6,256 SF
2410 18th NW, Washington, DC 20009-2092 $4,260,000 Aug 2023 4,848 SF
1940 15th NW, Washington, DC 20009-3939 $2,100,000 Mar 2023 5,537 SF
2311 18th NW, Washington, DC 20009-1814 $1,810,000 Dec 2022 5,058 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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