2604-2610 Stanton Rd SE

Potential for Upzoning: Given the subject property's proximity to mass transit, and the Office of Planning's focus on increasing density around such areas, 2610 Stanton Road SE is an ideal candidate for a zoning change through Washington, D.C.'s map amendment process. 2610 Stanton Road SE is currently zoned RA-1 (1.08 FAR 40% lot occupancy), but there is potential for upzoning to RA-2 (2.16 FAR + penthouse, 60% lot occupancy). Multiple Potential Uses: The RA-1 (& RA-2) zoning designation allows for a range of uses, including townhomes, multifamily, single-family homes, retirement communities, childcare, and others. Located in an Opportunity Zone/Qualified Census Tract: 2610 Stanton Road SE is located in an Opportunity Zone and Qualified Census Tract, both of which provide incentives for investment and development in low-income communities. Opportunity Zones, created in the Tax Cuts and Jobs Act of 2017, offers tax benefits to investors who develop ground-up or value-add projects in these designated areas using equity from capital gains events. Development in Qualified Census Tracts allow a developer a 30% step-up in basis, significantly increasing project returns. Proximity to Metro/Mass Transit: The subject property is situated 0.4 miles from the Anacostia Metro station. Furthermore, there are several bus stops and a Capital Bikeshare docking station a few blocks away.