301 New York NE Ave Washington, DC 20002-7015
Property Lookup
Property profile & analytics
301 New York NE Ave Washington, DC 20002-7015
- Warehouses
- 45,879 SF
- 1.28 lot acres
Property ID
US16-0118754
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 301 New York NE Ave
- Year built
- 1987
- Construction
- BRICK
- Lot size
- 1.28 lot acres
- Property size
- 45,879 SF
- Zone code
- PDR-1
- Property type
- Warehouses
- APN
- 3587 0002
- APU
- 35870002
Description
This exceptional 3,205-square-foot commercial property, situated on a 0.04-acre lot at 301 New York Avenue NW in Washington, D.C. (zip code 20001), presents a unique investment opportunity for developers and visionaries. Currently configured as a two-unit building, the property is ripe for redevelopment. Its prime location near I-395 offers unparalleled visibility and accessibility, making it ideal for a variety of uses. The existing structure requires significant renovation or demolition, providing a blank canvas for ambitious projects. The versatile layout and generous lot size allow for extensive redevelopment options, including the construction of multi-story buildings or expanded commercial facilities. This property is perfect for those seeking to capitalize on its high-traffic location and create a modern, multi-use complex. The net rentable area is 3,205 square feet, and the property is offered for sale at $1,600,000 with a net lease type. This is a chance to create a high-demand property in a thriving area with significant potential for increased value through strategic renovations or a complete rebuild. The property's location offers easy access to major transportation routes, ensuring high visibility and convenient access for potential tenants and customers. This is an owner/user investment opportunity with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,630,000
- 6.5%
- $8,890,000
- 7%
- $8,255,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -76.9999
- Latitude
- 38.9102
- 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
2024
$224,436
$10,324,330
$709,400
$11,033,730
-
$10,324,330
$709,400
$11,033,730
