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For Sale
$1,500,000

5412 1st St NW, Washington, DC 20011

Residential land & home lots

Property Size14,500 SF
Days on Market76

Property Features for 5412 1st St NW

General Information

Standard status Active
Size 14,500 SF
Property subtype Multifamily

Amenities

Fully Entitled Development Site Approved for Twenty Residential Units
MU-4 Zoning Allowing for Moderate-Density Mixed-Use Development
Attractive Unit Mix Consisting of Four Two-Bedroom/Two-Bath Units, Fourteen One-Bedroom/One-Bath Units, and Two Penthouse Units with Two Bedrooms and 2.5 Baths
Located within the Brightwood/Upper Petworth Submarket, a Stable and Established Residential Neighborhood with Growing Retail Amenities
Close Proximity to The Parks at Walter Reed Redevelopment, Downtown Silver Spring, Georgia Avenue NW, and Kennedy Street NW Corridors
Transit-Oriented Northwest DC Location near Fort Totten Metro Station and Major Transportation Corridors
Projected Stabilized Gross Annual Rental Income Exceeding $1.2 Million

Building Details

Building Size 14,500 SF
Units 20
Listing Agency: Washington, D.C. Office
Listed By: Lorenzo M. Wooten, CCIM · License #License(s): MD: 629911, DC: SP98367898
Source: Marcusmillichap
Added: Jun 16 Changed: Aug 30 Last Checked: Aug 30 at 12:58PM

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 Washington, D.C. Office

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center HVAC Service

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

926
Businesses Nearby

Demographics for 20011, DC

67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Rey
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Frequently Asked Questions

Where is this residential land & home lot located?
The property is located at 5412 1st St NW Washington, DC.
What is the asking price?
The asking price for this property is $1,500,000.
More about this property
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