Financial
Distress signals
Property profile

3029 Martin Luther King Jr SE Ave Washington, DC 20032

OFF-MARKET
Office buildings
Property ID
US16-0015238
10,860 SF 0.15 ac lot Built 2002
Last sale May 2016 · $4,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,532-square-foot retail space is located at 3029 Martin Luther King Jr. Ave SE, Washington, DC, a prime corner lot (10,860 sq ft) at the intersection of Martin Luther King Jr. Avenue and Malcolm X Ave SE. Built in 2002, this single-tenant property offers unparalleled visibility and accessibility. Its strategic location in Ward 8 places it just blocks from the Congress Heights Green Line METRO station and the upcoming Department of Homeland Security headquarters. Proximity

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$10k
Tax billed · 2023
Assessed value$3.74M
Assessed land$289k
Assessed improvement$3.45M
Effective rate0.28%

Value estimate

· Sep 2026
$2.53M
$2.27M – $2.78M

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

Recently sold

What actually traded nearby?
$401/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$205 – $591
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RA-1
UPANCY 210 Source Note 211 GREEN AREA RATIO 211 Source Note 212 SPECIAL EXCEPTION FOR PUBLIC LIBRARIES AND PUBLIC RECREATION AND COMMUNIT...
General categoryCIVIC_INSTITUTIONAL
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Spa & Massage14.8
Building Supply13.5

Location

3029 Martin Luther King Jr SE Ave Washington, DC 20032-2506
County assessor Recorded deeds · 5 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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