4825 Georgia Ave NW | Washington, DC 20011
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- LoopNet Team
4825 Georgia Ave NW
Washington, DC 20011
11-unit multifamily development site · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High-Demand Condominium Market | Recent Outsales Exceeding $700 per Square Foot
- Favorable Unit Mix of 5 1BR/1BA, 2 2BR/1BA, & 4 2BR/2BA
- On-Site Parking | Easy Access to Public Transit | 0.9 Miles from Georgia Avenue-Petworth Metro & Multiple Bus Lines
- Shovel-Ready at Closing thereby Mitigating Entitlement Risks
- Rising Multifamily Rents | Multifamily Rents have Increased 12% since 2022
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,500 SF
Building Class
C
Year Built
1927
Tenancy
Single
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.41
Lot Size
0.14 AC
Zoning
MU-4
Frontage
27’ on Georgia Ave NW
PROPERTY TAXES
| Parcel Number | 3011-0191 | Improvements Assessment | $329,320 |
| Land Assessment | $987,600 | Total Assessment | $1,316,920 |
PROPERTY TAXES
Parcel Number
3011-0191
Land Assessment
$987,600
Improvements Assessment
$329,320
Total Assessment
$1,316,920
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