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2628 Martin Luther King Jr Ave SE - 10-Unit Development in Opportunity Zone 0.24 Acres of Commercial Land Offered at $1,150,000 in Washington, DC 20020

Commercial Land Parcels District of Columbia Washington 2628 Martin Luther King Jr Ave SE, Washington, DC 20020

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INVESTMENT HIGHLIGHTS

  • Conveys Fully Permitted At Closing
  • 15,296/13,730 Proposed Gross/Rentable SF
  • 4 Rooftop Terraces
  • 10 Units | 5 3BR & 5 4BR Units
  • 7 Surface-Level Parking Spaces

EXECUTIVE SUMMARY

Feldman Ruel Urban Property Advisors is pleased to exclusively offer for sale 2628 Martin Luther King Jr. Avenue SE, a 10-unit multifamily development site located in the Anacostia neighborhood of Washington, D.C. At closing, the site will convey with a full set of DCRA-approved plans and all permits required to break ground immediately.

PROPERTY FACTS

Price $1,150,000 Proposed Use Apartment Units - Condo
Sale Type Investment Total Lot Size 0.24 AC
No. Lots 1 No. Stories 2
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Commercial
Zoning RA-1
Price $1,150,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Condo
Total Lot Size 0.24 AC
No. Stories 2
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning RA-1

1 LOT AVAILABLE

Lot

Price $1,150,000 Lot Size 0.24 AC
Price Per AC $4,732,549.24
Price $1,150,000
Price Per AC $4,732,549.24
Lot Size 0.24 AC

LINKS

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2628 Martin Luther King Jr Ave SE, Washington, DC - AERIAL map view
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Excellent Transit (78)
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PROPERTY TAXES

Parcel Number 5868-1059 Improvements Assessment $0
Land Assessment $198,150 Total Assessment $198,150

PROPERTY TAXES

Parcel Number
5868-1059
Land Assessment
$198,150
Improvements Assessment
$0
Total Assessment
$198,150
(202) 318-6808

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 27827467

  • Date on Market: 2/24/2023

  • Last Updated:

  • Address: 2628 Martin Luther King Jr Ave SE, Washington, DC 20020

More public record information on 2628 Martin Luther King Jr Ave SE, Washington, DC 20020

The Anacostia Land Property at 2628 Martin Luther King Jr Ave SE, Washington, DC 20020 is currently available. Contact Feldman Ruel for more information.

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2628 Martin Luther King Jr Ave SE - 10-Unit Development in Opportunity Zone
(202) 318-6808 x

2628 Martin Luther King Jr Ave SE - 10-Unit Development in Opportunity Zone

Ryan Smith
(202) 318-6808

Josh Feldman
(202) 318-6800

Ian Ruel
(202) 318-6800

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