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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Warehouses
2112 5th NE St Washington, DC 20002
Entity Owned
4-yr Hold
Free & Clear
Property ID
US16-0072053
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1924
Construction
BRICK
Total area
4,320 SF
Lot
0.05 ac (2,162 SF)
Zoning code
PDR-2
APN
3621 0021
UPID
US16-0072053
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
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Zs 5th LLC · 4 yrs held
Zs 5th LLC
since 2022
Last sale
$1.9M
2 recorded transactions
Zoning & alternative use
PDR-2 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is intended to permit medium-density commercial and PDR activities employing a large workforce and requiring some heavy machinery under controls that minimize any adverse impacts on adjacent, more restrictive zones
Zone name
Production Distribution And Repair
General category
COMMERCIAL
Zone area
164.46 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.8M
+16.5%
Office building
$1.7M
+13.4%
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
$1,495,000
ML approach
$1,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,530,000
Current use
COMMERCIAL (GENERAL)
$1,780,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$1,735,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,330,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.91M (Mar 31 2022)
Last sale anchor
$1.91M
Mar 31 2022
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
$361 / 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
$6,783
Tax year 2023
Assessed value
$411,110
Assessed 2023
Previous assessed
$397,350
+3.5% YoY
Effective rate
1.65%
On assessed value
Assessed land
$91,560
Assessed improvement
$319,550
Land market value
$91,560
Improvement market value
$319,550
Total market value
$411,110
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1924
Construction
BRICK
Heating
NONE
Stories
2
Total area
4,320 SF
Lot
0.05 ac (2,162 SF)
Zoning code
PDR-2
APN
3621 0021
UPID
US16-0072053
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PDR-2 · Washington, DCZoning PDR-2 · permitted uses
PDR-2 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is intended to permit medium-density commercial and PDR activities employing a large workforce and requiring some heavy machinery under controls that minimize any adverse impacts on adjacent, more restrictive zones
Zone name
Production Distribution And Repair
General category
COMMERCIAL
Zone area
164.46 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.3M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1924
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Zs 5th LLC
Entity
Free & Clear · 4 yrs held
Mailing address
202 9TH ST SE, WASHINGTON, DC 20003-2111
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$1,909,950
Zs 5th LLC
2110 Fifth Street Associates LLC
Special Warranty Deed
—
Jul 26, 2019
$400,000
2110 Fifth Street Assocs LLC
2060 West Virginia Avenue LP
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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