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Property profile & analytics

531 8Th St Se Washington, DC 20002

  • Retail space
  • 2,880 SF
  • 0.05 lot acres
For Lease
Last Sale
Feb 03, 2021
$4,835
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US16-0044291
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

  • Retail space

Property Details for 531 8Th St Se

Year built
1908
Construction
BRICK
Lot size
0.05 lot acres
Property size
2,880 SF
Zone code
MU-25
Property type
Retail space
APN
0903 0820
APU
9030820

Description

This exceptional 3,788 square foot retail space at 531 8th St SE, Washington, DC 20003, offers a unique leasing opportunity in a vibrant Capitol Hill location. The property boasts high visibility on 8th Street, ensuring significant exposure for businesses seeking a prominent presence. The two-story building provides ample space for a variety of retail uses, with the potential for expansion across both levels to accommodate diverse business needs. Conveniently located near two Metro stations, the property offers excellent accessibility for both employees and customers. Rear alley access simplifies delivery and logistics, enhancing operational efficiency. The property sits on a 2,178 square foot lot and is zoned MU-25. The entire 3,788 square feet is currently vacant, presenting a blank canvas for a new tenant to customize and develop. This single-tenant space is ideal for businesses seeking a high-traffic location with excellent visibility and convenient access in a sought-after area of Washington, DC. The proximity to the United States Marine Barracks further enhances the property's appeal and potential for attracting a diverse clientele. This is a rare opportunity to secure a prime retail space in a thriving neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Washington
County
District Of Columbia
State
DC
Longitude
-76.9953
Latitude
38.8818
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,116
$565,150
$290,390
$855,540
-
$565,150
$290,390
$855,540
More about this property
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