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Property profile & analytics

2901 Minnesota SE Ave Washington, DC 20019-1128

  • Retail space
  • 6,999 SF
  • 0.43 lot acres
OFF-MARKET
Value Estimations
$1,055,000
Cap Rate Potential
Location Intelligence
Property ID
US16-0099681
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 2901 Minnesota SE Ave

Year built
1941
Construction
BRICK
Lot size
0.43 lot acres
Property size
6,999 SF
Zone code
MU-3A
Property type
Retail space
APN
5507 0803
APU
55070803

Description

This exceptional 7,188-square-foot building, situated on a sizable 18,815-square-foot lot in Washington, D.C.'s Hillcrest neighborhood, presents a unique owner-user opportunity. Currently vacant and available for immediate occupancy on February 1, 2025, this single-story, 1941-constructed building previously housed a highly successful auto parts retail business with annual sales exceeding $7 million. The property features 14-foot ceilings and ample on-site parking (15 spaces). Its convenient location provides immediate access to I-295, and proximity to Pennsylvania Avenue SE and Benning Road NE. The property is zoned MU-3A, allowing for a variety of uses including retail, office, medical, childcare, and educational facilities. Furthermore, there's potential for future upzoning to MU-4 through a map amendment or Planned Unit Development process, offering significant long-term value. The property's location within designated HUB and Opportunity Zones adds further investment appeal. This is a rare chance to acquire a substantial property in a thriving area with diverse development possibilities. The asking price is $2,750,000. The property includes one building with a single unit. The parcel number is 5507-0000-0803.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Washington
County
District Of Columbia
State
DC
Longitude
-76.9651
Latitude
38.8759
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,780
$744,510
$104,920
$849,430
-
$744,510
$104,920
$849,430
More about this property
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