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Commercial Land with Existing Improvements
For Sale
$999,000

327 Rear L Street NE, Washington, DC 20002

Land, WASHINGTON, DC

Property SizeContact for details
Lot Size0.12 Acres
Days on Market56

Property Features for 327 Rear L Street NE

General Information

Property type Land
Property subtype Other
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status Active
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 19400
Listing Agency: Compass
Listed By: Noel P Sesay · License #SP98360181
Added: Aug 11 Changed: Sep 5 Last Checked: Oct 5 at 6:06PM
MLS# DCDC2278138

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 5,418-square-foot commercial land parcel includes an existing plumbing office and warehouse as part of the property. The current commercial use is supported by existing plumbing, sewer, gas, and electricity connections. RF-1 zoning permits construction of two single-family dwellings, while a boutique multifamily concept is identified as a possibility subject to BZA approval.

The property is located at 327 Rear L Street NE in Washington, DC, within the H Street Corridor. The surrounding area includes luxury condominiums, apartments, hotels, and restaurants, with Union Market, H Street, NoMa, and Capitol Hill nearby. The parcel contains 0.1244 acres and is located in ZIP code 20002.

Key Highlights

  • 5,418‑square‑foot commercial land parcel
  • RF‑1 zoning allows construction of two single‑family dwellings
  • Existing plumbing office and warehouse are part of the parcel

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

5,792
Businesses Nearby

Demographics for 20002, DC

69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Washington, DC

14.8% 2019
17% 2020
18.1% 2021
19.5% 2022
20.7% 2023
21.9% 2024
22.8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - RF-1-zoned parcel includes an existing plumbing office and warehouse with utility connections.
Where is this commercial land located?
The property is located at 327 Rear L Street NE Washington, DC.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 5,418‑square‑foot commercial land parcel; RF‑1 zoning allows construction of two single‑family dwellings; Existing plumbing office and warehouse are part of the parcel
More about this property
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