2628 Martin Luther King Jr Ave SE - 10-Unit Development in Opportunity Zone 0.24 Acres of Commercial Land Offered at $1,604,940 CAD 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 | $1,604,940 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.24 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $1,604,940 CAD |
| Price Per AC | $6,604,745.53 CAD |
| Lot Size | 0.24 AC |
Transit Score®
Excellent Transit (77)
ZONING
| Zoning Code | RA-1 |
