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Property profile & analytics
FOR LEASE
Office buildings
600 New Hampshire Ave NW Washington, DC 20037
Entity Owned
~
Est. High Equity
Property ID
US16-0012960
For Lease
1 / 2
Contact for pricing
600 New Hampshire Ave NW, Washington, DC 20037
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
TILT-UP CONCRETE
Total area
363,050 SF
Lot
1.25 ac (54,573 SF)
Zoning code
MU-2
APN
0008 0811
UPID
US16-0012960
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$59.44M
Blend (final)
Blend
$54.56M
Owner & transaction history
Watergate 600 Nha LLC
Watergate 600 Nha LLC
since 2026
4 recorded transactions
Zoning & alternative use
MU-2 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$54.56M
Range $49.10M – $60.02M · ±10%
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
$150 / 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
$2,522,853
Tax year 2023
Assessed value
$136,309,720
Assessed 2023
Previous assessed
$136,309,720
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$44,928,860
Assessed improvement
$91,380,860
Land market value
$44,928,860
Improvement market value
$91,380,860
Total market value
$136,309,720
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
14
Total area
363,050 SF
Lot
1.25 ac (54,573 SF)
Zoning code
MU-2
APN
0008 0811
UPID
US16-0012960
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
MU-2 · Washington, DC
Zoning MU-2 · permitted uses
MU-2 · 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.
Building & site characteristics
From public records
Year built
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
14
Lot
1.25 ac
Current owner
From public records · entity-resolved
Watergate 600 Nha LLC
Entity
Mailing address
600 NEW HAMPSHIRE AVE NW #800, WASHINGTON, DC 20037-2403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
$52,500,000
Watergate 600 Nha LLC
Washreit Watergate 600 Op LP
Special Warranty Deed
$28,500,000 · Symetra Life Insurance Co
Nov 18, 2025
—
Elme 3801 Connecticut Ave Trustee L
—
Deed
related
$520,000,000 · Goldman Sachs Bank USA
Apr 5, 2017
$135,000,000
Washreit Watergate 600 Op LP
Watergate Holdings I LLC
Trustees Deed
related
$44,100,000 · Private Individual
Apr 3, 2007
—
Watergate Holdings I LLC
—
Deed Of Trust
related
$68,500,000 · Lehman Brothers Bank Fsb
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.
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