Commercially Zoned Vacant
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 Market770
Property Features for 2710 12th St Ne
General Information
Standard status
Active
Lot size
0.06 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$3,328
Amenities
Urban
Listing Agency:
RLAH @PROPERTIES
(202) 518-8781
Listed By:
ADRIAN K DUNGAN · License #SP98371053
(828) 989-9089
Source:
Corcoran
Added: Aug 1, 2024
Changed: Sep 4
Last Checked: Sep 8 at 7:01AM
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
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,706
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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.
