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Financial
Distress signals
Property profile

303 Massachusetts Ave NE Washington, DC 20002

FOR SALE
Office buildings
Property ID
US16-0056861
1,704 SF 0.02 ac lot Built 1910
Last sale Aug 2023 · $1,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A three-story Victorian townhome near the Capitol and Union Station with approximately 2,243 square feet of commercial space. The main entry level is configured as two spaces and includes a kitchen, and the overall layout is conducive to creating two units, with potential for retail use on the main level and office use on the upper levels. The property is zoned MU-4/CAP/CHC and permits commercial uses including retail, office, restaurant, and other related uses. Original features are present…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$20k
Tax billed · 2023
Assessed value$1.19M
Assessed land$275k
Assessed improvement$914k
Effective rate1.65%

Value estimate

· Oct 2026
$1.19M
$1.07M – $1.31M
AI approach$1.07M
CAP approach$935k
Submarket $/SF estimate$1.01M
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$4k
Operating expenses−$19k
NOI · 3.21% cap applied$58k

Realmo valuation models over county records and 34 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 comparables34

Cap rate analysis

How does the asset earn?
3.21%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MU-26
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand index
Laundromat12.7
Watch Repair Shop9.7
Nursing Home9.4

Location

303 Massachusetts Ave NE Washington, DC 20002
County assessor Recorded deeds · 2 transfers 34 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
502 C NE, Washington, DC 20002-5810 $1,400,000 Apr 2025 2,700 SF
322 4th NE, Washington, DC 20002-5824 $4,800,000 Dec 2024 3,426 SF
204 Ee NE, Washington, DC 20002-4923 $1,300,000 Jul 2022 3,032 SF
719 A NE, Washington, DC 20002-6031 $1,999,999 Dec 2021 2,292 SF
511 2nd NE, Washington, DC 20002-4916 $2,800,000 Aug 2021 1,730 SF
505 C NE, Washington, DC 20002-5809 $1,242,500 Apr 2021 1,940 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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