This exceptional 820-square-foot office space is ideally situated at 5410 Connecticut Avenue NW, Washington, DC 20015. Located on the first floor of the Garfield Building, a secure residential building, this single-tenant property offers unparalleled convenience and accessibility. The space is versatile, suitable for a variety of uses including traditional office, medical office, coworking, executive office, or creative office settings. The layout includes a welcoming waiting room complete with a staff desk, a spacious clerical area, and four private offices, providing ample room for a team or individual professional. Its prime location offers easy access to all areas of Washington, D.C., as well as neighboring Maryland and Virginia, making it an excellent choice for businesses seeking a central and easily accessible location. The property is classified as Office, Special Purpose. This is a fantastic opportunity to secure a well-appointed and conveniently located office space in a desirable neighborhood. The building provides a secure environment, enhancing the overall appeal and peace of mind for occupants.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,107
6.5%
$3,791
7%
$3,520
Comparable approach
Method
Valuation
Relative Method
$3,684
Geo Method
$5,050
Alternative Use
Use
Valuation
Residential
$3,198
Hospitality
$2,929
Educational
$2,437
Medical
$2,521
Retail
$3,791
Location Insight
City
Washington
County
District Of Columbia
State
DC
Latitude
38.9618
Longitude
-77.0746
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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