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Property profile & analytics
OFF-MARKET
Super regional malls
2490 Market NE St Washington, DC 20018-3851
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US16-0186749
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2019
Construction
BRICK
Total area
9,731 SF
Lot
0.98 ac (42,715 SF)
Zoning code
MU-5A
APN
4327 1321
UPID
US16-0186749
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
Current use
Occupant on record · Public records
-
Tropical Smoothie Cafe Restaurant
-
Counselling Solutions LLC Counselor Mental Health Clinic
-
blackwire technologies IT Consulting Firm Tech Support Center
-
Black Art Travel Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dakota Crossing One LLC · 4 yrs held
Dakota Crossing One LLC
since 2022
Last sale
$68.1M
3 recorded transactions
Zoning & alternative use
MU-5A · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$49,517
Tax year 2023
Assessed value
$2,950,100
Assessed 2023
Previous assessed
$2,950,100
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$759,900
Assessed improvement
$2,190,200
Land market value
$759,900
Improvement market value
$2,190,200
Total market value
$2,950,100
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2019
Construction
BRICK
Heating
NONE
Stories
1
Total area
9,731 SF
Lot
0.98 ac (42,715 SF)
Zoning code
MU-5A
APN
4327 1321
UPID
US16-0186749
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
MU-5A · Washington, DC
Zoning MU-5A · permitted uses
MU-5A · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Dakota Crossing One LLC
Entity
Mailing address
888 S FIGUEROA ST STE #1900, LOS ANGELES, CA 90017-5324
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
$68,126,000
Dakota Crossing One LLC
Fort Lincoln Retail LLC
Special Warranty Deed
$45,984,375 · Bank Of America NA
Aug 16, 2018
—
Fort Lincoln Retail LLC
—
Grant Deed
related
$61,000,000 · Sbnp Sia Mtg II LLC
Jul 9, 2018
—
Fort Lincoln Retail LLC
—
Grant Deed
related
$60,999,900 · Sbnp Sia Mtg II LLC
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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