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Property profile & analytics
FOR LEASE
Warehouses
45 Q St SW Washington, DC 20024
Entity Owned
3-yr Hold
Free & Clear
Property ID
US16-0040094
For Lease
1 / 16
Contact for pricing
45 Q St SW, Washington, DC 20024
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Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1949
Construction
BRICK
Total area
16,874 SF
Lot
0.36 ac (15,620 SF)
Zoning code
CG-4
APN
0657 0815
UPID
US16-0040094
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
39 Que LLC · 3 yrs held
39 Que LLC
since 2022
Last sale
$13.0M
6 recorded transactions
Zoning & alternative use
CG-4 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
STREETS (HE) CHAPTER 5 CAPITOL GATEWAY ZONES - CG-1 THROUGH CG-7 500 GENERAL PROVISIONS (CG) 501 DEVELOPMENT STANDARDS (CG-1) 502 DEVELOPMENT STANDARDS (CG-2) 503 DEVELOPMENT STANDARDS (CG-3) 504 DEVELOPMENT STANDARDS (CG-4) 505 DEVELOPMENT STANDARDS (CG-5) 506 DEVELOPMENT STANDARDS (CG-6 AND CG-7) 507 USE PERMISSIONS (CG) 508 DESIGNATED STREETS (CG) 509 USE…
Zone name
Capitol Gateway
General category
MIXED_USE
Zone area
99.51 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$226,565
Tax year 2024
Assessed value
$11,987,570
Assessed 2024
Previous assessed
$8,855,290
+35.4% YoY
Effective rate
1.89%
On assessed value
Assessed land
$11,977,570
Assessed improvement
$10,000
Land market value
$11,977,570
Improvement market value
$10,000
Total market value
$11,987,570
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1949
Construction
BRICK
Heating
NONE
Stories
1
Total area
16,874 SF
Lot
0.36 ac (15,620 SF)
Zoning code
CG-4
APN
0657 0815
UPID
US16-0040094
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
CG-4 · Washington, DCZoning CG-4 · permitted uses
CG-4 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
STREETS (HE) CHAPTER 5 CAPITOL GATEWAY ZONES - CG-1 THROUGH CG-7 500 GENERAL PROVISIONS (CG) 501 DEVELOPMENT STANDARDS (CG-1) 502 DEVELOPMENT STANDARDS (CG-2) 503 DEVELOPMENT STANDARDS (CG-3) 504 DEVELOPMENT STANDARDS (CG-4) 505 DEVELOPMENT STANDARDS (CG-5) 506 DEVELOPMENT STANDARDS (CG-6 AND CG-7) 507 USE PERMISSIONS (CG) 508 DESIGNATED STREETS (CG) 509 USE REQUIREMENTS FOR DESIGNATED STREETS (CG) 510 DESIGN REQUIREMENTS FOR DESIGNATED ST
Zone name
Capitol Gateway
General category
MIXED_USE
Zone area
99.51 ac
Building & site characteristics
From public records
Year built
1949
Construction
BRICK
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
39 Que LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 21825, WASHINGTON, DC 20009-9825
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
—
39 Que LLC
Rbd-q Street INC
Correction Deed
related
—
Jul 1, 2022
$13,007,970
Gateway 45 Q LLC
45 Q Street Sw LLC
Special Warranty Deed
$5,000,000 · Dynasty LLC
Mar 19, 2019
—
Balwinder Singh
Rbd-harvard INC
Correction Deed
related
—
Apr 29, 2013
—
45 Q Street Sw LLC
—
Deed Of Trust
related
$1,450,000 · Suntrust Bank NA
Nov 22, 2005
$731,490
45 Q Street Sw LLC
Balwinder Singh
Warranty Deed
$850,000 · Wachovia Bank
—
—
45 Q Street Sw LLC
—
Deed Of Trust
related
$1,300,000 · Wachovia Bank NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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