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    3029 Martin Luther King Jr SE Ave Washington, DC 20032-2506
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    Property profile & analytics

    3029 Martin Luther King Jr SE Ave, Washington, DC 20032-2506

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    • Office buildings
    • 10,860 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US16-0015238
    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.

    Value Estimations
    $2,525,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 3029 Martin Luther King Jr SE Ave

    Year built
    2002
    Construction
    BRICK
    Lot size
    0.15 lot acres
    Zone code
    RA-1
    Property type
    Office buildings
    APN
    5988 0092
    APU
    59880092

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 20, 2016 $4,400,000 The Washington City Orphan Asylum A Vip-mlk Avenue LLC A District Of Co Special Warranty Deed $306k · Bank Of America NA
    Jun 8, 2010 $1,400,000 Vip-mlk Avenue LLC Neighborhood Properties LLC Grant Deed $1.4M · Vip-medical Arts LLC
    Aug 5, 2009 $675,000 Neighborhood Properties LLC Drazin Russell S Trustees Deed · related —
    — — Vip-mlk Avenue LLC — Deed Of Trust · related $1.7M · Revere Bank
    — — East Of The Riv Cmnty Dev Corp — Deed Of Trust · related $1M · Local Initiatives Support Corp

    Description

    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 to I-295 and Bolling Air Force Base (within 1 mile) and the newly established Giant Supermarket and The Villages of Parklands Retail Center (within 1.25 miles) ensures high traffic and convenient access to Downtown DC, Maryland, and Virginia. The building features a secure environment with 12 gated parking spaces exclusively for tenants, an elevator, and two bathrooms on each floor. Abundant natural light creates an inviting atmosphere. The property is designated as a Hubzone location, offering additional benefits. This space is ideal for government contractors, agencies, entrepreneurs, and nonprofits seeking a highly visible and accessible location near major transportation arteries and key government facilities, including the Coast Guard and St. Elizabeth's. The zoning is classified as X.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,695,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    DC
    Longitude
    -76.9986
    Latitude
    38.8443
    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
    $10,400
    $288,960
    $3,451,830
    $3,740,790
    -
    $288,960
    $3,451,830
    $3,740,790
    More about this property
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