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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Hospitals
700 Constitution NE Ave Washington, DC 20002-6599
Entity Owned
~
Est. High Equity
Property ID
US16-0168579
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1910
Construction
TILT-UP CONCRETE
Total area
254,982 SF
Lot
1.17 ac (51,018 SF)
Zoning code
RA-2
APN
0895 0843
UPID
US16-0168579
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
by Request
Blend (final)
Blend
$2.16M
Owner & transaction history
Capitol Hill Ltac Operations LLC
Capitol Hill Ltac Operations LLC
since 2026
7 recorded transactions
Zoning & alternative use
RA-2 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
L APARTMENT ZONE - RA 1/NO 300 PURPOSE AND INTENT 301 HEIGHT 302 PENTHOUSE AND ROOFTOP STRUCTURE 303 PLANNED UNIT DEVELOPMENT 304 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 4 CAPITOL INTEREST RESIDENTIAL APARTMENT ZONE - RA-2/CAP 400 PURPOSE AND INTENT 401 HEIGHT 402 PENTHOUSE AND ROOFTOP STRUCTURE 403 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 5 DUPONT CIRCLE…
Zone name
Residential Apartment
General category
CIVIC_INSTITUTIONAL
Zone area
1,240.98 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$8 / 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
$520,148
Tax year 2023
Assessed value
$26,832,340
Assessed 2023
Previous assessed
$26,832,340
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$12,422,880
Assessed improvement
$14,409,460
Land market value
$12,422,880
Improvement market value
$14,409,460
Total market value
$26,832,340
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
9
Total area
254,982 SF
Lot
1.17 ac (51,018 SF)
Zoning code
RA-2
APN
0895 0843
UPID
US16-0168579
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RA-2 · Washington, DCZoning RA-2 · permitted uses
RA-2 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
L APARTMENT ZONE - RA 1/NO 300 PURPOSE AND INTENT 301 HEIGHT 302 PENTHOUSE AND ROOFTOP STRUCTURE 303 PLANNED UNIT DEVELOPMENT 304 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 4 CAPITOL INTEREST RESIDENTIAL APARTMENT ZONE - RA-2/CAP 400 PURPOSE AND INTENT 401 HEIGHT 402 PENTHOUSE AND ROOFTOP STRUCTURE 403 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 5 DUPONT CIRCLE RESIDENTIAL APARTMENT ZONES - RA-2/DC, RA-4/DC, AND RA-5/DC 500 PURPOSE AND INTENT
Zone name
Residential Apartment
General category
CIVIC_INSTITUTIONAL
Zone area
1,240.98 ac
Building & site characteristics
From public records
Year built
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
9
Lot
1.17 ac
Current owner
From public records · entity-resolved
Capitol Hill Ltac Operations LLC
Entity
Mailing address
223 7TH ST NE, WASHINGTON, DC 20002-7045
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Capitol Hill Ltac Operations LLC
Capitol Hill Group
Deed
$62,000,000 · Deutsche Bank National Trust Co
Aug 11, 2020
—
Capitol Hill Group
—
Deed
related
$14,500,000 · Sandy Spring Bk
Nov 7, 2017
—
Capitol Hill Group
—
Loan Modification
related
$20,000,000 · Washingtonfirst Bk
Oct 2, 2017
—
700 LLC
—
Deed
related
$32,000,000 · Eagle Bk
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$296,500 · Deutsche Bk Tr Co Americas
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$382,500 · Deutsche Bk Tr Co Americas
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$320,200 · Deutsche Bk Tr Co Americas
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$180,600 · Deutsche Bk Tr Co Americas
—
—
Valentine Capital LLC
—
Deed Of Trust
related
$245,900 · Deutsche Bk Tr Co Americas
—
—
Capitol Hill Group
—
Deed Of Trust
related
$15,500,000 · Washingtonfirst Bk
—
—
Capitol Hill Group
—
Loan Modification
related
$21,968,137 · Sandy Spring Bk
—
—
Capitol Hill Group
—
Deed Of Trust
related
$4,500,000 · Eagle Bk
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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