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2208 Naylor SE Rd Washington, DC 20020-4516

OFF-MARKET Retail space Google Maps
1,584 SF 0.02 ac lot Built 1932
Individually Owned 21-yr Hold Free & Clear
Estimated value (blended)
$190k
Range $171k – $209k (±10%)
Property ID US16-0145863

Property summary

AI-generated overview

This exceptional mixed-use property at 2208 Naylor Road SE, Washington, DC presents a unique investment opportunity. The 1,584 square foot building sits on a 0.02-acre lot and is currently configured as a ground-floor beauty salon with a spacious two-bedroom, one-bathroom apartment featuring a den located on the upper level. The versatile layout allows for a variety of business uses, making it ideal for an owner-operator or an investor seeking rental income. The property's location within a rapidly developing area of Washington, DC offers significant potential for future appreciation. This is a prime opportunity to capitalize on the growth of the Southeast DC market. Furthermore, this property is eligible for the Commercial Property Acquisition Fund, a program offering down payment assistance of up to $750,000 or 25% of the purchase price, whichever is less, to qualified businesses acquiring commercial property in the District. This substantial financial incentive significantly reduces the initial investment required, making this property even more attractive. The asking price for this promising mixed-use building is $750,000. Don't miss this chance to own a piece of Washington, DC's vibrant future. Contact us today to schedule a showing.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1932
Construction BRICK
Total area 1,584 SF
Lot 0.02 ac (771 SF)
Zoning code MU-4
APN 5576 0803
UPID US16-0145863

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2005
2 recorded transactions
2005
$18,285
1969
Price N/A

Zoning & alternative use

MU-4 · Washington, DC
Zoning description

/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…

General category MIXED_USE

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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