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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 £856,531 in 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 £856,531
Sale Type Investment
No. Plots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Flats
Total Plot Size 0.24 ac
No. Floors 2
Opportunity Zone Yes
Use Class RA-1

1 PLOT AVAILABLE

Plot

Price £856,531
Price Per ac £3,524,849.93
Total Plot Size 0.24 ac
Transit Score®
Excellent Public Transport (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5868-1059
Land Assessment
£147,584
Improvements Assessment
£0
Total Assessment
£147,584
  • Listing ID: 27827467

  • Date on Market: 24/02/2023

  • Last Updated:

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

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