1028 33Rd StWashington, DC 20007

For Lease
$50/SF/YR View listing
  • Office buildings
  • 15,618 SF

Property Details for 1028 33Rd St

Year built
1900
Construction
BRICK
Lot size
0.17 AC
Property size (Sq ft)
15,618 SF
Zone code
MU-12
Property type
Office buildings
APN
1184 0047
APU
11840047

Description

This exceptional office space at 1028 33rd St NW, Washington, DC 20007, offers a unique blend of modern amenities and historic charm. Located in a renovated warehouse, the property boasts large industrial-style windows, high exposed ceilings, and exposed stone, creating a sophisticated and inspiring work environment. The available space, totaling between 2,520 and 5,535 square feet, is configured to accommodate multiple tenants. Each suite features a reception area, spacious open work areas, private offices with glass sidelights, a glass conference room, a dedicated workroom, ample storage, and a convenient kitchenette. The first-floor location provides excellent street visibility and accessibility. An added benefit is a secondary entrance located on Cady's Alley, offering convenient access and potential for separate entrances. This property is ideal for businesses seeking a prestigious address in a vibrant and sought-after neighborhood of Washington, D.C. The property type is classified as Retail, Office, with subtypes including Traditional Office, Executive Office, and Creative Office.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,036,163
    6.5%
    $3,725,689
    7%
    $3,459,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,608,362
    Geo Method
    $2,608,362
  • Alternative Use

    Use
    Valuation
    Residential
    $4,619,854
    Hospitality
    $4,231,762
    Educational
    $3,520,776
    Medical
    $3,641,861
    Retail
    $5,476,762
1028 33Rd St, Washington, District of Columbia

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9045
Longitude
-77.0662
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
2023
$71,668
$2,258,970
$1,880,880
$4,139,850
-
$2,258,970
$1,880,880
$4,139,850

FAQs

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