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    2003 Fairlawn Ave SE Washington, DC 20020

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    For Sale
    $339,000

    Land with potential for redevelopment or remodel in growing area.

    Lot size:
    0.08 Acres

    Property Features for 2003 Fairlawn Ave SE

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1909

    Source: Samson Properties Agent Mavis K Wilson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Revitalizing Area

    This property presents an opportunity for portfolio growth, situated in an area undergoing revitalization with new apartment buildings. The value is primarily in the land, offering options to either demolish the existing home or undertake a complete remodel. The lot size is appealing, and the location benefits from having no home directly across the street. Title work is completed, and the seller prefers Cardinal Title Group.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.9767482
    Latitude
    38.8737507

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    FAQs

    What type of property is this?
    Land - Land with potential for redevelopment or remodel in growing area.
    Where is this land located?
    The property is located at 2003 Fairlawn Ave SE Washington, DC.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Land value is the primary asset.; - Excellent location with no homes directly across the street.; - Significant revitalization and new construction (apartment buildings) occurring in the area.
    (240) 508-5223
    Request Owner's contact information
    2003 Fairlawn Ave SE Washington, DC 20020
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    Washington, DC 20020
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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
    2003 Fairlawn Ave SE Washington, DC 20020
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