Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3939 Wisconsin Ave NW Washington, DC 20016

    • Office buildings
    • 59,407 SF
    • 0.64 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US16-0107465
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 3939 Wisconsin Ave NW

    Year built
    1948
    Construction
    BRICK
    Lot size
    0.64 lot acres
    Property size
    59,407 SF
    Zone code
    MU-4,R-1-B
    Property type
    Office buildings
    APN
    1825 0800
    APU
    18250800

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $20,220,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    DC
    Longitude
    -77.0753
    Latitude
    38.941
    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
    $259,029
    $8,822,210
    $5,080,060
    $13,902,270
    -
    $8,822,210
    $5,080,060
    $13,902,270

    Comparable in this City

    • Value Estimation by Request
      60,234 SF

      3400 Idaho NW Ave

      OFFICE BUILDING • 60,234 SF
      3400 Idaho NW Ave, Washington, DC 20016-3046
      View Details
    • Value Estimation
      $21,050,000
      99,790 SF

      5100 Wisconsin NW Ave

      OFFICE BUILDING • 99,790 SF
      5100 Wisconsin NW Ave, Washington, DC 20016-4119
      View Details
    • Value Estimation
      $18,750,000
      73,850 SF

      4001 Brandywine NW St

      OFFICE BUILDING • 73,850 SF
      4001 Brandywine NW St, Washington, DC 20016-1876
      View Details
    • Value Estimation
      $22,570,000
      101,684 SF

      4228 Wisconsin NW Ave

      OFFICE BUILDING • 101,684 SF
      4228 Wisconsin NW Ave, Washington, DC 20016-2138
      View Details
    • Value Estimation
      $4,180,000
      14,561 SF

      3615 Wisconsin NW Ave

      OFFICE BUILDING • 14,561 SF
      3615 Wisconsin NW Ave, Washington, DC 20016-3007
      View Details
    • Value Estimation
      $1,500,000
      12,089 SF

      4626 Wisconsin NW Ave

      OFFICE BUILDING • 12,089 SF
      4626 Wisconsin NW Ave, Washington, DC 20016-4625
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,120 SF

      Tenleytown Office/Residential Building For Sale

      Office/residential building for sale in Tenleytown, Washington, D.C.
      4619 41St St NW, Washington, DC 20016
      View Details
    • $1,995,000

      Lowell Street NW Property

      Specialty property available for sale in Washington, DC.
      4438 Lowell St NW, Washington, DC 20016
      View Details
    • $1,300,000

      Westover NW Specialty Property

      Specialty property available for sale in Westover NW.
      4338 Westover Ave NW, Washington, DC 20016
      View Details
    • $569,000

      Residential Property in Washington, DC

      Residential property for sale in Washington, DC.
      3900 Watson St NW 3F-A, Washington, DC 20016
      View Details
    • $1,890,000
      0.03 Acres

      Renovated Commercial Building in Palisades

      Three-story, 3,000 SF renovated commercial building in Washington, DC.
      5110 Macarthur Blvd NW, Washington, DC 20016
      View Details
    • $1,450,000

      Specialty Property for Sale

      Specialty property available for purchase.
      4333 Nebraska Ave NW, Washington, DC 20016
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,100 SF

      Office Building Near Spring Valley

      15,300 SF office building with gated parking.
      4315 50Th St NW, Washington, DC 20016
      View Details
    • Contact for pricing
      509 SF

      Medical Space in Wesley Heights

      Medical office space available in the Wesley Heights neighborhood.
      3301 New Mexico Ave NW, Washington, DC 20016
      View Details
    • Contact for pricing

      DC, Washington - 50th St NW

      Discover many ways to work your way in San Antonio Airport
      4315 50Th St, Washington, DC 20016
      View Details
    • $6,347 /Mo

      Office/Medical Space Near Metro

      Office or medical space near Tenleytown/AU Metro Stop.
      4530 Wisconsin Ave Nw, Washington, DC 20016
      View Details
    • $42 SF/Yr

      Office and Medical Space Available

      Sublease office and medical suites near Friendship Heights Metro.
      5100 Wisconsin Ave NW, Washington, DC 20016
      View Details
    • Contact for pricing
      3,850 SF

      Tenleytown Former Bank with Parking

      Former bank space suitable for retail or office use.
      4251 Wisconsin Ave Nw, Washington, DC 20016
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3939 Wisconsin Ave NW
    Washington, DC 20016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.