Property profile

3924 Minnesota NE Ave Washington, DC 20019

OFF-MARKET
Other commercial real estate
Property ID
US16-0213672
229,238 SF 1.51 ac lot Built 2023
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Senator Square Shopping Center is a retail property located in Ward 7 in Northeast Washington, D.C., with retail storefront opportunities along Minnesota Avenue NE, which has an estimated 19,374 vehicles per day. Available space configurations include approximately 3,150 SF, 3,500 SF, 8,200 SF, and 11,050 SF, and the center can provide up to about 18,294 SF of combined corner space at a lighted intersection. The property is approximately 0.4 miles from the Minnesota Avenue Metro station on the Orange Line and about 1 mile from the Benning Road Metro station on the Blue/Silver Line. The center is adjacent to a Department of General Services Headquarters building of approximately 250,000 SF with an estimated 700 employees.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2023
Construction TILT-UP CONCRETE
Total area 229,238 SF
Lot 1.51 ac (65,954 SF)
Zoning code MU-7B
APN 5044 0813
UPID US16-0213672

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
  • Physician
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician

Location

3924 Minnesota NE Ave Washington, DC 20019-2661
Washington metro Census 9603 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2022
1 recorded transaction
2022
$3.2M

Zoning & alternative use

MU-7B · Washington, DC
Zoning description

NAVAL OBSERVATORY MIXED-USE ZONE - MU-4/NO 500 PURPOSE AND INTENT 501 HEIGHT 502 PENTHOUSE AND ROOFTOP STRUCTURE 503 PLANNED UNIT DEVELOPMENT 504 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 6 FORT TOTTEN MIXED-USE ZONES -…

General category MIXED_USE

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3924 Minnesota NE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message