2520 LWashington, DC 20037

  • Office buildings
  • 22,236 SF
Off market
$6,721,760 Estimated

Property Details for 2520 L

Year built
1923
Construction
BRICK
Lot size
0.20 AC
Property size (Sq ft)
22,236 SF
Zone code
MU-6B
Property type
Office buildings
APN
0015 0827
APU
150827

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,512,650
    6.5%
    $6,011,680
    7%
    $5,582,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,713,630
    Geo Method
    $3,713,630
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $11,972,200
    Retail / Commercial
    $6,112,560
    Mixed-Use / Specialty
    $6,069,690
    Hospitality / Lodging
    $4,425,690
    Institutional / Educational
    $6,302,500
    Residential Income
    $7,373,920
    Multifamily
    $8,960,730
    Automotive / Energy
    $5,402,140
    Parking / Income-Based Land
    $1,885,040
    Restaurant / Food Service
    $3,111,910
    Healthcare / Senior Housing
    $6,245,960

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9034
Longitude
-77.0542
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
-
$4,986,310
$1,735,450
$6,721,760
-
$4,986,310
$1,735,450
$6,721,760

FAQs

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