Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    945 Brentwood NE Rd Washington, DC 20018-1003

    • Warehouses
    • 15,448 SF
    • 0.69 lot acres
    OFF-MARKET
    Last Sale
    Sep 26, 2024
    $1,675,000
    Value Estimations
    $1,445,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US16-0082715
    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

    • Warehouses

    Property Details for 945 Brentwood NE Rd

    Year built
    1956
    Construction
    BRICK
    Lot size
    0.69 lot acres
    Property size
    15,448 SF
    Zone code
    PDR-4
    Property type
    Warehouses
    APN
    PAR 0130 0037
    APU
    PAR01300037

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    DC
    Longitude
    -76.992
    Latitude
    38.9181
    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
    2024
    $34,905
    $1,865,060
    $250,370
    $2,115,430
    -
    $1,865,060
    $250,370
    $2,115,430

    Comparable in this City

    • Value Estimation
      $785,000
      5,417 SF

      2220 Lawrence NE Ave

      WAREHOUSE, STORAGE • 5,417 SF
      2220 Lawrence NE Ave, Washington, DC 20018
      View Details
    • Value Estimation
      $3,635,000
      19,467 SF

      2146 Queens Chapel NE Rd

      WAREHOUSE, STORAGE • 19,467 SF
      2146 Queens Chapel NE Rd, Washington, DC 20018-3608
      View Details
    • Value Estimation
      $4,125,000
      20,640 SF

      3521 V NE St

      WAREHOUSE, STORAGE • 20,640 SF
      3521 V NE St, Washington, DC 20018-1530
      View Details
    • Value Estimation
      $3,965,000
      21,646 SF

      2920 V NE St

      WAREHOUSE, STORAGE • 21,646 SF
      2920 V NE St, Washington, DC 20018-1519
      View Details
    • Value Estimation
      $13,380,000
      100,200 SF

      3340 V NE St

      WAREHOUSE, STORAGE • 100,200 SF
      3340 V NE St, Washington, DC 20018
      View Details
    • Value Estimation
      $4,080,000
      38,973 SF

      2900 V NE St

      WAREHOUSE, STORAGE • 38,973 SF
      2900 V NE St, Washington, DC 20018-1519
      View Details

    Similar Nearby for Sale

    • $2,100,000

      Industrial Asset with Value-Add Potential

      Rare industrial property with diverse permitted uses in fast-growing neighborhood.
      3001 Earl Pl NE, Washington, DC 20018
      View Details
    • Contact for pricing
      3,432 SF

      Functional Industrial Space For Sale

      Industrial space with drive-in access near major routes.
      2405 22Nd St NE, Washington, DC 20018
      View Details
    • $1,200,000

      Industrial Storage Yard in DC

      0.31 acre storage yard with service shed in Washington, DC.
      2715 26Th St NE, Washington, DC 20018
      View Details
    • Contact for pricing

      Brookland Parking Space For Sale

      Assigned parking space in high-demand Brookland neighborhood, near Metro.
      1352 Bryant St NE, Washington, DC 20018
      View Details
    • $250,000

      Building Lot For Sale

      Land available for sale, previously used as parking.
      3014 Franklin St NE, Washington, DC 20018
      View Details
    • $530,000

      Specialty Property For Sale

      Specialty property available for sale in Washington, DC.
      1844 Bryant St NE, Washington, DC 20018
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,180 SF

      Industrial Space Available for Rent

      20,180 SF industrial space with 18' ceilings, available September 2024.
      3390 V St Ne, Washington, DC 20018
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Building on Bladensburg Road

      Industrial space for rent near Maryland-DC line.
      3152 Bladensburg Rd NE, Washington, DC 20018
      View Details
    • Contact for pricing
      99,000 SF

      Gateway Business Park Flex Space

      Flex/industrial space with secure parking in Washington DC.
      3015-3055 V St NE, Washington, DC 20018
      View Details
    • Contact for pricing
      173,677 SF

      Gateway Business Park Flex Space

      Flex/industrial space in premier Washington DC business park for rent.
      3300-3390 V St NE, Washington, DC 20018
      View Details
    • Contact for pricing
      16,188 SF

      Prime DC Industrial Parcel

      0.37 Acres, Fully Fenced, $15k/Month
      2405 Douglas St, Washington, DC 20018
      View Details
    • $15,000 /Mo

      Industrial Parcel Near New York Avenue

      16,188 SF industrial parcel suitable for various uses.
      2405 Douglas St Ne, Washington, DC 20018
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    945 Brentwood NE Rd
    Washington, DC 20018-1003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.