Property profile

405 Morse NE St Washington, DC 20002

OFF-MARKET
Warehouses
Property ID
US16-0047285
2,200 SF 0.04 ac lot Built 1930
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1930
Construction BRICK
Total area 2,200 SF
Lot 0.04 ac (1,700 SF)
Zoning code PDR-1
APN 3588 0015
UPID US16-0047285

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
  • Butcher Big Box & Wholesale Store

Location

405 Morse NE St Washington, DC 20002-7009
Washington metro Census 8803 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2024
Last sale
$434,999
3 recorded transactions
2024
$1.6M
2008
$434,999
1969
Price N/A

Zoning & alternative use

PDR-1 · Washington, DC
Zoning description

05 PENTHOUSE AND ROOFTOP STRUCTURE 206 [RESERVED] 207 REAR YARD 208 SIDE YARD 209 COURT 210 TRANSITION SETBACKS 211 GREEN AREA RATIO 211 Source Note CHAPTER 3 CAPITOL INTEREST PRODUCTION, DISTRIBUTION, AND REPAIR ZONE -…

General category COMMERCIAL

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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