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Property profile & analytics

5413 Georgia Ave Washington, DC 20011

  • Commercial real estate
  • 2,913 SF
  • 0.03 lot acres
For Lease
Last Sale
May 07, 2021
$900,000
Value Estimations
$895,000
Cap Rate Potential
Location Intelligence
Property ID
US16-0124114
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

  • Commercial real estate

Property Details for 5413 Georgia Ave

Year built
1923
Construction
BRICK
Lot size
0.03 lot acres
Property size
2,913 SF
Zone code
MU-4
Property type
Commercial real estate
APN
2996 0054
APU
29960054

Description

This exceptional 3,000-square-foot retail space is ideally situated at 5413 Georgia Ave NW in Washington, DC, zip code 20011. The property, classified as Class B, was constructed in 1923 and is zoned MU-4 within the District of Columbia. The single-tenant space offers a unique opportunity for a variety of businesses. The layout comprises 1,500 square feet on the ground level and an additional 1,500 square feet on the lower level. A recent renovation ensures the space is move-in ready. This location boasts tremendous visibility and signage potential directly on Georgia Avenue, providing excellent exposure to high foot traffic. The property's zoning allows for a wide range of commercial uses, and there's even the potential to acquire an existing operational liquor business. This is a rare chance to secure a prime retail location in a vibrant and growing area of Washington, DC. The entire 3,000 square feet is currently vacant and available for lease. Interested parties should inquire for lease terms and conditions.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $830,000
    ML approach
    $965,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $960,000
    6.5%
    $885,000
    7%
    $825,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,075,000
    Market price range: $864k - $1.88M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,270,000
    Current use
    OFFICE BUILDING
    $1,170,000
    Change: -8% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Washington
County
District Of Columbia
State
DC
Longitude
-77.0277
Latitude
38.9556
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
$10,060
$114,830
$467,750
$582,580
-
$114,830
$467,750
$582,580
More about this property
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