Financial
Distress signals
Property profile

2827 Sherman Ave Nw Washington, DC 20001

FOR SALE
Commercial real estate
Property ID
US16-0211183
1,986 SF 0.02 ac lot Built 1908
Last sale Mar 2026 · $230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 3,200 square foot restaurant space, located at 2827 Sherman Ave NW in Washington, DC's vibrant Columbia Heights neighborhood, is available for $1,950,000. The property, built in 1908 and extensively renovated in 2021, boasts a desirable corner lot position with a potential for outdoor patio seating. Currently vacant, this single-unit building offers a blank canvas for a discerning restaurateur. The property features versatile zoning, allowing for a variety of culinary

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$12k
Tax billed · 2023
Assessed value$731k
Assessed land$188k
Assessed improvement$543k
Effective rate1.65%

Value estimate

· Sep 2026
$135k
$122k – $149k
AI approach$135k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$3k
Operating expenses−$20k
NOI · 3.22% cap applied$61k

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

Recently sold

What actually traded nearby?
$503/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$291 – $723
Qualifying comparables5

Cap rate analysis

How does the asset earn?
3.22%
$61k 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-4,RF-1
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm35.3
Electrical Service16.3
Wholesale Shop15.8

Location

2827 Sherman Ave Nw Washington, DC 20001
County assessor Recorded deeds · 10 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2903 Sherman NW, Washington, DC 20001-3911 $955,681 Dec 2025 1,473 SF
519 H NW, Washington, DC 20001-2619 $1,622,250 May 2024 2,244 SF
923 V St Nwc-1, Washington, DC 20001-6262 $904,000 Dec 2022 1,592 SF
1527 9th NW, Washington, DC 20001-3207 $1,200,000 Nov 2022 1,912 SF
916 G St Nwc-2, Washington, DC 20001-4571 $3,850,000 May 2022 2,264 SF
90 O NW, Washington, DC 20001-1259 $1,185,000 May 2021 1,769 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message