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    327 Rear L St NE Washington, DC 20002

    Sponsored
    For Sale
    $1,099,000

    LAND - WASHINGTON, DC

    Lot size:
    0.12 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for 327 Rear L St NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.12 Acres

    Compass (202) 491-1275 [email protected]

    Listing agent Noel P Sesay (202) 386-6330 License #SP98360181

    Listing date Dec 26, 2025

    MLS# DCDC2235262 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    H Street Corridor Development Opportunity

    This is a rare development opportunity to build on a 5418 square foot lot in a spacious alley within the H Street Corridor. The location is near Union Market, H Street, NOMA, and Capitol Hill, surrounded by condos, apartments, hotels, and restaurants. Currently zoned RF-1, the property allows for the construction of two single-family dwellings. The current usage is commercial, featuring a plumbing office and warehouse with existing plumbing, sewer, gas, and electricity. The 0.12-acre lot also presents an opportunity to develop a boutique multi-family building with BZA approval.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0011
    Latitude
    38.90347

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    FAQs

    What type of property is this?
    Commercial land - 5418 SF lot near Union Market, H Street, NOMA.
    Where is this commercial land located?
    The property is located at 327 Rear L St NE Washington, DC.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: - Prime location in the H Street Corridor, steps from Union Market, H Street, NOMA, and Capitol Hill.; - Rare development opportunity on a 5418 SF lot.; - Zoned RF-1, allowing for the construction of two single-family dwellings.
    (202) 431-3119
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    327 Rear L St NE Washington, DC 20002
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    Washington, DC 20002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    327 Rear L St NE Washington, DC 20002
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