Washington, DC
Commercial Real Estate Market Trends & Data

$482 Avg asking sale price
$172 Avg asking lease rate
28,084 SF Avg unit lease size
25,193 SF Avg building size for sale
7.86% Average cap rate

Washington's Demographic Profile

Washington has 289,896 households and a median income of $95,873, providing context for rent absorption and tenant demand across retail and multifamily assets. A -9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 630,884
# Households 289,896
Median age 37
Median household income $95,873
Avg household size 2.0
Renter-occupied housing units 183,437
5-year population change -9%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Washington, DC

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Washington $445 13,440 SF 13.20%
Arlington $286 111,216 SF 6.00%
Fairmount Heights $189 6,336 SF 13.20%
Nearby Retail Markets Avg Cost/SF Typical Size
Washington $630 6,511 SF
Mount Rainier $310 1,910 SF
Hillcrest Heights $441 2,255 SF

Commercial Properties For Sale in Washington

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Prime K St. Office | Steps from White House

Washington, DC 20006

  • 68,634 SF Office Building
  • Auction Sale
For Sale

812 Upshur St NW

Washington, DC 20011

  • 2,931 SF Retail Building
  • $912,000
For Sale

1242 H Street NE

Washington, DC 20002

  • 3,264 SF Retail Building
  • $1,100,000
For Sale

2000-2002 Rhode Island Ave NE

Washington, DC 20018

  • 6,383 SF Office Building
  • $1,900,000
For Sale

2139 Newport Pl NW

Washington, DC 20037

  • 2,300 SF Multifamily
  • $1,400,000
For Sale

5800-5810 Arbor St

Hyattsville, MD 20781

  • 1.57 AC Lot
  • 1 Industrial Lot
  • $3,200,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Washington pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Washington $482 25,193 SF
Mount Rainier $310 347,165 SF
Brentwood $173 23,981 SF
Hillcrest Heights $273 31,801 SF
Cottage City $173 31,580 SF

Multifamily Properties For Sale in Washington

For Sale

1700 Irving Street NW

Washington, DC 20010

  • 5,392 SF Multifamily
  • 6.51% Cap Rate
  • $1,500,000
For Sale

Fully Entitled Twenty Unit Development Site

Washington, DC 20011

  • 13,158 SF Multifamily
  • $1,500,000
For Sale

2307 18th St NW

Washington, DC 20009

  • 4,612 SF Multifamily
  • 6.25% Cap Rate
  • $2,775,000
For Sale

Suite 104 - Presidential

Washington, DC 20036

  • 68,120 SF Multifamily
  • $599,000
For Sale

419-423 Kennedy St NW

Washington, DC 20011

  • 30,911 SF Multifamily
  • 9.47% Cap Rate
  • $8,000,000
For Sale

4811 Georgia Ave NW

Washington, DC 20011

  • 10,371 SF Multifamily
  • $1,500,000
For Sale

Claridge House

Washington, DC 20037

  • 81,620 SF Multifamily
  • $375,000
For Sale

1823 Kalorama Rd NW

Washington, DC 20009

  • 4,000 SF Multifamily
  • 6.86% Cap Rate
  • $3,500,000

Regional Demographic Comparison

This comparison places Washington alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Washington or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Washington 630,884 289,896 37 $95,873 2 183,437 -9%
Mount Rainier 7,952 3,309 38 $60,089 2 2,443 -3%
Brentwood 3,584 1,187 38 $71,671 3 616 -2%
Hillcrest Heights 15,369 6,599 42 $65,749 2 3,406 -2%
Cottage City 1,230 435 43 $57,762 3 157 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Washington, DC and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Washington

View All Commercial Real Estate For Sale in Washington
Is Washington a good market for a first-time commercial real estate investor?

Washington offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Washington?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Washington. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Washington?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Washington. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Washington compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Washington. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Washington acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Washington, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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