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5413 Georgia Ave NW Washington, DC 20011

Commercial real estate Google Maps
2,913 SF 0.03 ac lot Built 1923
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$830k
Range $747k – $913k (±10%)
Property ID US16-0124114

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1923
Construction BRICK
Total area 2,913 SF
Lot 0.03 ac (1,300 SF)
Zoning code MU-4
APN 2996 0054
UPID US16-0124114

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
$885k
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$830k

Owner & transaction history

since 2021
Last sale
$900,000
1 recorded transaction
2021
$900,000

Zoning & alternative use

MU-4 · Washington, DC
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,…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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