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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



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 | Proposed Use | Apartment Units - Flats |
| Sale Type | Investment | Total Plot Size | 0.24 ac |
| No. Plots | 1 | No. Floors | 2 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Use Class | RA-1 | ||
| 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 | Total Plot Size | 0.24 ac |
| Price Per ac | £3,524,849.93 |
| Price | £856,531 |
| Price Per ac | £3,524,849.93 |
| Total Plot Size | 0.24 ac |
Transit Score®
Excellent Public Transport (78)
PROPERTY TAXES
| Parcel Number | 5868-1059 | Improvements Assessment | £0 |
| Land Assessment | £147,584 | Total Assessment | £147,584 |
PROPERTY TAXES
Parcel Number
5868-1059
Land Assessment
£147,584
Improvements Assessment
£0
Total Assessment
£147,584
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2628 Martin Luther King Jr Ave SE - 10-Unit Development in Opportunity Zone
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