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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Retail space
3903 Georgia NW Ave Washington, DC 20011-5860
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US16-0017517
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1911
Construction
BRICK
Total area
2,571 SF
Lot
0.03 ac (1,363 SF)
Zoning code
NC-8
APN
3027 0042
UPID
US16-0017517
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$648k
Blend (final)
Blend
$530k
Owner & transaction history
J Kim LLC · 15 yrs held
J Kim LLC
since 2011
7 recorded transactions
Zoning & alternative use
NC-8 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$805,000
+29.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$625,000
Current use
WAREHOUSE, STORAGE
$805,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$206 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,949
Tax year 2023
Assessed value
$627,590
Assessed 2023
Previous assessed
$627,590
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$120,390
Assessed improvement
$507,200
Land market value
$120,390
Improvement market value
$507,200
Total market value
$627,590
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1911
Construction
BRICK
Heating
NONE
Stories
3
Total area
2,571 SF
Lot
0.03 ac (1,363 SF)
Zoning code
NC-8
APN
3027 0042
UPID
US16-0017517
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
NC-8 · Washington, DC
Zoning NC-8 · permitted uses
NC-8 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$625,000
WAREHOUSE, STORAGE
Est. value
$805,000
RETAIL STORES Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1911
Construction
BRICK
Heating
NONE
Stories
3
Lot
0.03 ac
Current owner
From public records · entity-resolved
J Kim LLC
Entity
Mailing address
3903 GEORGIA AVE NW, WASHINGTON, DC 20011-5860
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2018
—
J Kim LLC
—
Deed
related
$274,900 · Branch Bk&tr
Jul 7, 2011
$460,000
J Kim LLC
Bethesda Leasing LLC
Grant Deed
$276,000 · Eagle Bank
Oct 19, 2010
$300,000
Bethesda Leasing LLC
Talcott,worthington H JR
Trustees Deed
related
—
Aug 15, 2007
$610,000
Bebe Realty LLC
City Cornerstone Enterprises L
Grant Deed
—
Jun 9, 2005
$279,000
City Cornerstone Enterprises
Uspc Ga Av Holdings INC
Warranty Deed
—
—
—
Jung K Kim
—
Deed Of Trust
related
$25,000 · Branch Banking & Trust Co
—
—
Jung K Kim
—
Deed Of Trust
related
$276,000 · Branch Banking & Trust Co
—
—
J Kim LLC
—
Deed Of Trust
related
$274,900 · Branch Bk&tr
—
—
Maria D Reddick
—
Deed Of Trust
related
$457,500 · Fidelity & Trust Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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