Property profile

344 8th NE St Washington, DC 20002

OFF-MARKET
Retail space
Property ID
US16-0060858
1,783 SF 0.03 ac lot Built 1915
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1915
Construction BRICK
Total area 1,783 SF
Lot 0.03 ac (1,364 SF)
Zoning code MU-4
APN 0894 0811
UPID US16-0060858

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

344 8th NE St Washington, DC 20002-6108
Washington metro Census 8302 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
$615k
Comparable Approach Comparable
$780k
Blend (final) Blend
$730k

Owner & transaction history

since 2023
Last sale
$920,000
4 recorded transactions
2023
$920,000
2021
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MU-4 · Washington, DC
Zoning description

/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…

General category MIXED_USE
Top alternative use upside
Commercial (general) $735,000 +33.9%
Office building $715,000 +30.3%
Warehouse, storage $630,000 +14.9%

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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