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Property profile & analytics
OFF-MARKET Estimated value $1,075,000
Office Spaces

3 Washington Cir Nwg1 Washington, DC 20037-2356

4,000 SF 0.02 ac lot Built 1981
Individually Owned 30-yr Hold ~ Est. High Equity
Property ID
US16-0148265
Property summary
AI-generated overview

This exceptional Class A medical office space, located at 3 Washington Circle Northwest - Unit G1 in Washington, DC's Foggy Bottom submarket, presents a unique investment opportunity. The 5,000 square foot building, constructed in 1981 and extensively renovated in 2016, boasts a desirable RA-4 zoning classification. Currently, 3,800 square feet are available for lease, previously configured as a state-of-the-art dental suite. This expansive space includes seven dental chairs, a reception area, a dedicated X-ray room, a bathroom, and a well-equipped kitchen. An additional 1,200 square feet is currently occupied by a chiropractic practice, featuring three treatment rooms, a restroom, ample storage, and a spacious waiting area. The building's prime location directly across from George Washington University Hospital ensures high visibility and convenient access to a large patient base. This property offers a rare chance to acquire a well-maintained, modern medical office space in a highly sought-after location within the District of Columbia county, zip code 20037. The building's multiple tenancy structure provides flexibility for various medical practices. This is an ideal opportunity for expansion or establishment of a thriving medical business in a vibrant and convenient urban setting.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1981
Construction TILT-UP CONCRETE
Total area 4,000 SF
Lot 0.02 ac (760 SF)
Zoning code RA4
APN 0038 2160
UPID US16-0148265
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.08M
Owner & transaction history
Yousefi Washington Clinic PC · 2 yrs held
Yousefi Washington Clinic PC
since 2024
Last sale
$1.0M
1 recorded transaction
1969
Price N/A
Zoning & alternative use
RA4 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.7M +8.6%
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