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Commercially Zoned Vacant Lot
For Sale
$564,200

2710 12th St Ne, Washington, DC 20018

Vacant lot suitable for development or restaurant use.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market819

Property Features for 2710 12th St Ne

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Land or Vacant Lot

Site & Location

Neighborhood Ft. Washington

Taxes and HOA fees

Annual Taxes $3,328

Amenities

Urban
Listing Agency: RLAH @PROPERTIES
Listed By: ADRIAN K DUNGAN · License #SP98371053
Source: Corcoran
Added: Aug 1, 2024 Changed: Oct 25 Last Checked: Oct 28 at 9:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RLAH @PROPERTIES

Rey
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Investment Insights

Based on property information with market context.

This commercially zoned vacant lot presents an opportunity for an investor, builder, developer, restauranteur, or primary residence owner interested in house hacking. The property is suitable for a by-right project, potentially simplifying the process of adding to the housing stock. The lot is ideal for creating a potential 6-unit building, which could be sold as condos or held as a 6-unit apartment. Alternatively, one unit could be occupied while the others are rented or used as AirBnBs. The property could also be used to create a new restaurant. Advantages include no chimney setback issues, no adjoining property on either side that would cause a 10’ rule, the previous structure having already been demolished, eliminating that risk and cost, no required lengthy underpinning of adjoining structures, and an existing curb cut. Schematic Design phase with Cross Design Group is already paid for. The new structure would not connect to neighboring structures on either side. The architecture firm has determined there’s a total buildable square footage of 5,184 square feet if you go for the IZ bonus. The property is fenced off.

Key Highlights

  • Commercially zoned vacant lot suitable for a 6‑unit building or restaurant.
  • By‑right project avoids complexities associated with adding to DC housing stock.
  • Schematic Design phase with Cross Design Group already paid for.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,706
Businesses Nearby

Demographics for 20018, DC

20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant lot suitable for development or restaurant use.
Where is this commercial land located?
The property is located at 2710 12th St Ne Washington, DC.
What is the asking price?
The asking price for this property is $564,200.
What are key features of this property?
This property features: Commercially zoned vacant lot suitable for a 6‑unit building or restaurant.; By‑right project avoids complexities associated with adding to DC housing stock.; Schematic Design phase with Cross Design Group already paid for.
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