Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

635 Florida Ave NE Washington, DC 20002

FOR SALE
Retail space
Property ID
US16-0013019
2,551 SF 0.02 ac lot Built 1910
Last sale Feb 2025 · $475,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
635 Florida Ave NE, Washington, DC 20002 For Sale
$88,000 2,551 SF
635 Florida Ave NE, Washington, DC 20002
View Listing

Property summary

AI-generated overview

The property is a 1991 multi-level office building with finished office space on the second and third floors, each configured for office use. The second level includes a reception area, private offices, a conference room, kitchenette, bathroom, and approximately 800+ square feet, while the third level includes private and open work areas, a conference room, kitchenette, and bathroom. The space features hardwood flooring and central air conditioning. The floors can be leased separately or…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$471k
Assessed land$202k
Assessed improvement$270k
Effective rate1.66%

Value estimate

· Nov 2026
$450k
$405k – $495k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$4k
Operating expenses−$22k
NOI · 76.18% cap applied$67k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$181 – $437
Qualifying comparables19

Cap rate analysis

How does the asset earn?
76.18%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RF-1
The purpose of this zone is to provide for areas predominantly developed with row houses on small lots within which no more than 2 dwelli...
General categoryRESIDENTIAL
JurisdictionDISTRICT OF COLUMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand index
Laundromat10.4
Watch Repair Shop9.5
Furniture Store9.1

Location

635 Florida Ave NE Washington, DC 20002
County assessor Recorded deeds · 7 transfers 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
515 Morse NE, Washington, DC 20002-7011 $5,009,091 Nov 2025 2,610 SF
1236 H NE, Washington, DC 20002-4445 $735,000 Jul 2025 1,974 SF
1631 Capitol NE, Washington, DC 20002-2107 $75,000 Apr 2025 3,147 SF
521 H NE, Washington, DC 20002-4337 $961,120 Feb 2025 2,284 SF
566 25th NE, Washington, DC 20002-4820 $130,000 Nov 2024 2,488 SF
2409 Benning NE, Washington, DC 20002-4827 $212,610 Sep 2024 2,178 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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