Property profile

2040 Virginia NE Ave Washington, DC 20002

OFF-MARKET
Warehouses
Property ID
US16-0087292
19,082 SF 0.52 ac lot Built 1940
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1940
Construction BRICK
Total area 19,082 SF
Lot 0.52 ac (22,657 SF)
Zoning code PDR-1
APN 4093 0011
UPID US16-0087292

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Association / Organization
  • Electronics & Wireless Store
  • Auto Repair Shop

Location

2040 Virginia NE Ave Washington, DC 20002-1832
Washington metro Census 8803 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$405k
Blend (final) Blend
$515k

Owner & transaction history

since 2024
Last sale
$513,000
1 recorded transaction
2024
$513,000

Zoning & alternative use

PDR-1 · Washington, DC
Zoning description

05 PENTHOUSE AND ROOFTOP STRUCTURE 206 [RESERVED] 207 REAR YARD 208 SIDE YARD 209 COURT 210 TRANSITION SETBACKS 211 GREEN AREA RATIO 211 Source Note CHAPTER 3 CAPITOL INTEREST PRODUCTION, DISTRIBUTION, AND REPAIR ZONE -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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