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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Retail space
4701 Wisconsin NW Ave Washington, DC 20016-4670
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US16-0068206
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Construction
BRICK
Total area
2,242 SF
Lot
0.03 ac (1,148 SF)
Zoning code
MU-4
APN
1734 0818
UPID
US16-0068206
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
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$674k
Blend (final)
Blend
$935k
Owner & transaction history
Jean F Steffen · 4 yrs held
Jean F Steffen
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
MU-4 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP, MU-4/CAP, MU-4/CHC, AND MU-4/CAP/CHC 400 PURPOSE AND INTENT 401 DENSITY 402 HEIGHT 403 PENTHOUSE AND ROOFTOP STRUCTURE 404 SPECIAL EXCEPTION…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
778.69 ac
Top alternative use upside
Commercial (general)
$975,000
+28.0%
Office building
$900,000
+17.9%
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
$935,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$765,000
Current use
COMMERCIAL (GENERAL)
$975,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$900,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$705,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.25M (Dec 22 2021)
Last sale anchor
$1.25M
Dec 22 2021
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
$417 / 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
$12,476
Tax year 2023
Assessed value
$669,120
Assessed 2023
Previous assessed
$669,120
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$292,260
Assessed improvement
$376,860
Land market value
$292,260
Improvement market value
$376,860
Total market value
$669,120
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
1928
Construction
BRICK
Heating
NONE
Stories
2
Total area
2,242 SF
Lot
0.03 ac (1,148 SF)
Zoning code
MU-4
APN
1734 0818
UPID
US16-0068206
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
MU-4 · Washington, DCZoning MU-4 · permitted uses
MU-4 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP, MU-4/CAP, MU-4/CHC, AND MU-4/CAP/CHC 400 PURPOSE AND INTENT 401 DENSITY 402 HEIGHT 403 PENTHOUSE AND ROOFTOP STRUCTURE 404 SPECIAL EXCEPTION REVIEW CRITIERA CHAPTER 5 NAVAL OBSERVATORY MIXED-USE ZONE - MU-4/NO 500 PURPOSE AN
Zone name
Mixed Use
General category
MIXED_USE
Zone area
778.69 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$975,000
OFFICE BUILDING
Est. value
$900,000
WAREHOUSE, STORAGE
Est. value
$705,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1928
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Jean F Steffen
Individual
Mailing address
1665 WISCONSIN AVE NW, WASHINGTON, DC 20007-2721
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 22, 2021
—
Jean F Steffen
Jean F Steffen
Intrafamily Transfer
related
$320,000 · Founders Bank
Apr 18, 2017
—
Jean F Steffen
—
Deed
related
$500,000 · State Farm Bank Fsb
Dec 3, 2014
—
Northern Star 2001 Trust
Conley,michele A
Grant Deed
related
—
Oct 17, 2007
$1,249,999
Michele A Conley
Lloyd Catherine D Trust
Grant Deed
$805,000 · State Farm Bank Fsb
—
—
Michele A Conley
—
Deed Of Trust
related
$758,908 · State Farm Bank Fsb
—
—
Michele A Conley
—
Deed Of Trust
related
$746,441 · State Farm Bank Fsb
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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