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Property profile & analytics
FOR SALE
Commercial real estate
5135 Macarthur Blvd NW Washington, DC 20016
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US16-0146823
For Sale
$955,000
5135 Macarthur Blvd NW, Washington, DC 20016
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1927
Construction
BRICK
Total area
2,788 SF
Lot
0.06 ac (2,592 SF)
Zoning code
MU-3A
APN
1419 0896
UPID
US16-0146823
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
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.50M
Owner & transaction history
Kenneth Antonio Nowling SR. · 1 yrs held
Kenneth Antonio Nowling SR.
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
MU-3A · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+96.6%
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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,215,000
Current use
AUTO REPAIR, GARAGE
$2,390,000
Change: +97% · Conversion: Difficult
OFFICE BUILDING
$1,120,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Oct 22 2024)
Last sale anchor
$1.50M
Oct 22 2024
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
$538 / 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
$16,404
Tax year 2023
Assessed value
$987,690
Assessed 2023
Previous assessed
$987,690
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$345,310
Assessed improvement
$642,380
Land market value
$345,310
Improvement market value
$642,380
Total market value
$987,690
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1927
Construction
BRICK
Heating
NONE
Stories
2
Total area
2,788 SF
Lot
0.06 ac (2,592 SF)
Zoning code
MU-3A
APN
1419 0896
UPID
US16-0146823
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
MU-3A · Washington, DC
Zoning MU-3A · permitted uses
MU-3A · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1927
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Kenneth Antonio Nowling SR.
Individual
Mailing address
32 SS ST, BALTIMORE, MD 21202-3214
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2024
$1,500,000
Kenneth Antonio Nowling SR.
District Properties 32 LLC
Deed
$1,472,831 · Newrez LLC
Aug 21, 2023
$987,690
District Properties 32 LLC
Native Washingtonian LLC
Re-recorded Document
related
—
Jul 19, 2023
$987,690
District Properties 32 LLC
Native Washington Limited Liability
Special Warranty Deed
—
Jan 10, 2022
—
Native Washingonian
—
Deed
related
$16,436 · 3rd Party Individual
Nov 17, 2021
$1,150,000
Native Washingtonian
Rich Jette LLC
Special Warranty Deed
$1,201,000 · Dominion Financial Services LLC
Jul 31, 2015
$1,100,000
Rich Jette LLC
Psyn INC
Grant Deed
$550,000 · Blue Ridge Bk
Jul 20, 2005
$960,000
Psychotherapy Networker INC
Siman,neil D
Grant Deed
$400,000 · Manufacturers Traders & Trust
Jul 20, 2005
—
Neil D Simon
Siman,neil D & Sandra
Grant Deed
related
—
Sep 25, 1998
$218,250
Neil D Siman
Case Trust
Grant Deed
$218,250 · Seller
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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