Financial
Distress signals
Property profile

2202 Martin Luther King Jr Ave SE Washington, DC 20020

FOR SALE
Retail space
Property ID
US16-0044149
2,106 SF 0.05 ac lot Built 1909
Last sale Feb 2007 · $316,410
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2202 Martin Luther King Jr Ave SE, Washington, DC 20020 For Sale
$950,000 2,106 SF
2202 Martin Luther King Jr Ave SE, Washington, DC 20020
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Property summary

AI-generated overview

The property is a mixed-use building constructed in 1909, with an approximate building area of 2,200 square feet situated on an approximately 2,360-square-foot lot. It was renovated in 2012 and is configured to support multiple tenants. The property is zoned MU-7B, which provides a 65-foot height limit and permits approximately 7,080 square feet of development by right under a 3.0 FAR, with potential additional area of approximately 9,912 square feet through an Inclusionary Zoning bonus at a

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$431k
Assessed land$143k
Assessed improvement$288k
Effective rate1.97%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$3k
Operating expenses−$14k
NOI · 4.46% cap applied$42k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$340/SF
Submarket average, outlier-cleaned · 383 recorded sales of this use type
Observed band · Q1–Q3$220 – $496
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.46%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MU-7B
NAVAL OBSERVATORY MIXED-USE ZONE - MU-4/NO 500 PURPOSE AND INTENT 501 HEIGHT 502 PENTHOUSE AND ROOFTOP STRUCTURE 503 PLANNED UNIT DEVELOP...
General categoryMIXED_USE
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.5
Spa & Massage12.8
Building Supply12.5

Location

2202 Martin Luther King Jr Ave SE Washington, DC 20020
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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