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Property profile & analytics
OFF-MARKET
Estimated value
$25,250,000
Hotels
2015 Massachusetts NW Ave Washington, DC 20036-1011
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US16-0082885
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1970
Construction
TILT-UP CONCRETE
Total area
283,088 SF
Lot
0.38 ac (16,541 SF)
Zoning code
MU-15
APN
0094 0031
UPID
US16-0082885
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
$27.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.25M
Owner & transaction history
Dupont III LLC · 1 yrs held
Dupont III LLC
since 2024
7 recorded transactions
Zoning & alternative use
MU-15 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$30,255,000
6.5%
$27,930,000
7%
$25,935,000
Blend value · Realmo final
$25.25M
Range $22.73M – $27.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / 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
$540,231
Tax year 2023
Assessed value
$29,965,000
Assessed 2023
Previous assessed
$29,965,000
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$6,204,530
Assessed improvement
$23,760,470
Land market value
$6,204,530
Improvement market value
$23,760,470
Total market value
$29,965,000
Applied tax rate
2.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
9
Total area
283,088 SF
Lot
0.38 ac (16,541 SF)
Zoning code
MU-15
APN
0094 0031
UPID
US16-0082885
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
MU-15 · Washington, DCZoning MU-15 · permitted uses
MU-15 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
9
Lot
0.38 ac
Current owner
From public records · entity-resolved
Dupont III LLC
Entity
Mailing address
2015 MASSACHUSETTS AVE NW, WASHINGTON, DC 20036-1011
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
Dupont III LLC
Nonghyup Bank
Deed
$30,000,000 · Hanmi Bank
Dec 14, 2018
$36,000,000
Dupont Erh Propco LLC
Lei Ag-embassy Row LLC
Special Warranty Deed
$33,100,000 · Hanmi Bank
Nov 14, 2016
—
Lei Ag-embassy Row LLC
—
Deed
related
$31,968,000 · Wells Fargo Bk
Nov 19, 2013
$50,000,000
Lei Ag-embassy Row LLC
Arep Embassy Row LLC
Grant Deed
—
Jun 1, 2007
—
Arep Embassy Row LLC
—
Deed Of Trust
related
$50,000,000 · Eurohypo Ag
May 3, 2007
$68,999,999
Arep Embassy Row Fee LLC
Ms Embassy Spe LLC
Grant Deed
—
Apr 13, 2006
$5,000,000
Ms Embassy Spe LLC
L & G Missouri LLC
Grant Deed
—
Oct 24, 1997
$775,000
L & G Missouri LLC
Tsny Realty Corp
Grant Deed
—
Jul 9, 1997
—
Capstar Washington Co LLC
—
Deed Of Trust
related
$450,000,000 · Bankboston Trustee
—
—
Arep Embassy Row LLC
—
Deed Of Trust
related
$38,500,000 · Trimont R/e Advisors INC
—
—
Arep Embassy Row LLC
—
Deed Of Trust
related
$44,250,000 · Us Bank NA Series 2007-9 (ce)
—
—
Lei Ag-embassy Row LLC
—
Loan Modification
related
$31,968,000 · Wells Fargo Bk
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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