Add Listing
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

    505 9Th St Washington, DC 20004

    • Office properties & Spaces
    • 2,565 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US16-0130324
    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

    • Merchants Capital Corp / Bank / Credit Union
    • Blink Charging Station / Electric Vehicle Charging Station
    • Radpac / Medical Clinic
    • ACR / College / Information Centers
    • EngenderHealth / Charitable Organization / Social Service Agency

    Property Details for 505 9Th St

    Property size
    2,565 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional Class A executive office suite, totaling 2,565 square feet, is available for lease at 505 9th Street NW in Washington, D.C.'s vibrant Northwest quadrant. Located in the District of Columbia County, this single-tenant space offers unparalleled convenience and prestige. The entire suite is currently vacant, providing a blank canvas for your business to flourish. The property's "A" classification signifies its high-quality construction, modern amenities, and desirable location. The address, 505 9th Street NW, places your business in a prime location within the city, offering easy access to major transportation routes, and a wealth of nearby amenities. This is an exceptional opportunity for a business seeking a sophisticated and efficient workspace in the heart of Washington, D.C. The 2,565 square feet provide ample room for a variety of office configurations, allowing for customization to meet your specific needs. The property's single-tenant occupancy ensures privacy and control over your workspace. With its ideal location, impressive size, and Class A designation, this executive office suite represents a rare opportunity in the competitive Washington, D.C. market. The zip code is 20004. This property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0236
    Latitude
    38.8965

    Comparable in this City

    • Value Estimation by Request
      20,234 SF

      601 Building

      Office Units • 20,234 SF
      601 Building, Washington, DC 20004
      View Details
    • Value Estimation
      $31,975,000
      130,706 SF

      620 F St St Nw Ofc

      CONDOMINIUM OFFICES • 130,706 SF
      620 F St St Nw Ofc, Washington, DC 20004
      View Details
    • Value Estimation
      $1,760,000
      198,804 SF

      601 Pennsylvania Ave Nwcomm

      CONDOMINIUM OFFICES • 198,804 SF
      601 Pennsylvania Ave Nwcomm, Washington, DC 20004-2601
      View Details
    • Value Estimation
      $3,605,000
      349,863 SF

      1400 F NW St

      CONDOMINIUM OFFICES • 349,863 SF
      1400 F NW St, Washington, DC 20004-1119
      View Details
    • Value Estimation by Request

      701 Pennsylvania Ave

      Office properties & Spaces
      701 Pennsylvania Ave, Washington, DC 20004
      View Details
    • Value Estimation
      $26,020,000
      91,383 SF

      1000 F St Nwc-2

      CONDOMINIUM OFFICES • 91,383 SF
      1000 F St Nwc-2, Washington, DC 20004-1501
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Available For Lease

      Office space for lease in Washington, DC.
      505 9Th St NW, Washington, DC 20004
      View Details
    • Contact for pricing
      3,476 SF

      Trophy Asset Office Space

      Entire 6th floor office space available for rent.
      701 Pennsylvania Ave NW, Washington, DC 20004
      View Details
    • Contact for pricing
      1,961 SF

      Downtown Office Space Available

      Office space near Metro Center with full concierge service.
      1331 F St NW, Washington, DC 20004
      View Details
    • Contact for pricing
      48,307 SF

      Restored Office and Retail Project

      Newly completed office and retail project with historic architectural design.
      575 7Th St NW, Washington, DC 20004
      View Details
    • Contact for pricing

      601 Pennsylvania Avenue

      Discover many ways to work your way in 601 Pennsylvania Avenue
      601 Bldg, Washington, DC 20004
      View Details
    • $63 SF/Yr
      14,317 SF

      Prime Retail Space on Pennsylvania

      Class A retail space in landmark building, excellent location.
      1111 Pennsylvania Ave Northwest, Washington, DC 20004
      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.
    505 9Th St
    Washington, DC 20004
    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.
    Sign Up Successful!
    You now have access to more from Realmo!