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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Retail space
2021 4th NW St Washington, DC 20001-2304
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US16-0077433
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1906
Construction
BRICK
Total area
3,240 SF
Lot
0.04 ac (1,750 SF)
Zoning code
RF-1
APN
3082 0026
UPID
US16-0077433
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
Current use
Occupant on record · Public records
-
American Porta Potty Washington DC Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$965k
Owner & transaction history
Np 47 LLC · 2 yrs held
Np 47 LLC
since 2024
Last sale
$965,000
4 recorded transactions
Zoning & alternative use
RF-1 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
0 LOT OCCUPANCY 210 Source Note 211 PERVIOUS SURFACE 211 Source Note 212 SPECIAL EXCEPTION FOR PUBLIC LIBRARIES AND PUBLIC RECREATION AND COMMUNITY CENTERS 212 Source Note CHAPTER 3 DUPONT CIRCLE RESIDENTIAL FLAT ZONE - RF-1/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST RESIDENTIAL FLAT ZONE - RF-1/CAP 40…
Zone name
Residential Flat
General category
RESIDENTIAL
Zone area
3,518.83 ac
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
$965,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,410,000
Current use
OFFICE BUILDING
$1,300,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $965k (Jun 21 2024)
Last sale anchor
$965k
Jun 21 2024
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
$298 / 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
$14,939
Tax year 2023
Assessed value
$905,380
Assessed 2023
Previous assessed
$905,380
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$137,010
Assessed improvement
$768,370
Land market value
$137,010
Improvement market value
$768,370
Total market value
$905,380
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1906
Construction
BRICK
Heating
NONE
Stories
3
Total area
3,240 SF
Lot
0.04 ac (1,750 SF)
Zoning code
RF-1
APN
3082 0026
UPID
US16-0077433
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RF-1 · Washington, DCZoning RF-1 · permitted uses
RF-1 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
0 LOT OCCUPANCY 210 Source Note 211 PERVIOUS SURFACE 211 Source Note 212 SPECIAL EXCEPTION FOR PUBLIC LIBRARIES AND PUBLIC RECREATION AND COMMUNITY CENTERS 212 Source Note CHAPTER 3 DUPONT CIRCLE RESIDENTIAL FLAT ZONE - RF-1/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST RESIDENTIAL FLAT ZONE - RF-1/CAP 400 PURPOSE AND INTENT 401 HEIGHT 402 PENTHOUSE AND ROOFTOP STRUCTURE 403 SPECIAL EXCE
Zone name
Residential Flat
General category
RESIDENTIAL
Zone area
3,518.83 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1906
Construction
BRICK
Heating
NONE
Stories
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
Np 47 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1601 CONNECTICUT AVE NWNW, WASHINGTON, DC 20009-1035
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
$965,000
Np 47 LLC
Np 47 LLC
Special Warranty Deed
—
Feb 13, 2019
$1,226,680
Fundrise Opportunity Zone Op L
Rise Companies Corp
Grant Deed
related
—
Jul 12, 2018
$1,200,000
Np 47 LLC
Wright,bernard
Grant Deed
—
May 5, 2016
$284,648
Bernard Wright
B Wright Ents INC
Grant Deed
—
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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