2100 Martin Luther King Jr Ave SE, Washington, DC 20020
- Office buildings
- 104,616 SF
- 0.65 lot acres
Current Use by Public Records
- Office buildings
Property Details for 2100 Martin Luther King Jr Ave SE
- Year built
- 1989
- Construction
- BRICK
- Lot size
- 0.65 lot acres
- Zone code
- MU-7B
- Property type
- Office buildings
- APN
- 5782 0843
- APU
- 57820843
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 25, 2010 | — | 2100 Martin Luther King Assocs | — | Grant Deed · related | $12.6M · John Marshall Bk |
Description
This exceptional 1,580 square foot retail space is ideally situated at 2100 Martin Luther King Jr Ave SE, offering unparalleled visibility and accessibility. Previously occupied by a salon and barbershop, this single-tenant unit is immediately available for lease. Benefit from high traffic counts, boasting an average daily traffic (ADT) of 16,550 vehicles on Martin Luther King Jr Ave SE. Convenient rear parking is available for customers and employees. The space is located on the ground level of a substantial ~100,000 square foot office building, primarily leased to the District of Columbia government, ensuring a stable and desirable surrounding environment. This presents a unique opportunity for a business seeking a high-visibility location with ample parking in a well-established area with a strong government presence. The space is ready for immediate occupancy and offers a blank canvas for your business to thrive. Its prominent location and convenient parking make it an attractive option for a variety of retail uses. Don't miss this chance to secure a prime retail space in a rapidly developing area of Southeast Washington, D.C.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $62,175,000
- 6.5%
- $57,390,000
- 7%
- $53,295,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $42,070,000
- AI Estimate
- $41,152,000
Market price range: $21.5M - $61.8MMarket price range: $1.43M - $62.3M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $41,975,000 Current use
- RESTAURANT
- $65,905,000 Change: +57% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $45,570,000 Change: +9% Conversion: Easy
- RETAIL STORES
- $35,605,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -76.9892
- Latitude
- 38.8653
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
