Development Opportunity in H
For Sale
$1,099,000
327 Rear L Street NE, Washington, DC 20002
LAND - WASHINGTON, DC
Lot Size0.12 Acres
Days on Market216
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
(202) 386-6330
Listed By:
Noel P Sesay · License #SP98360181
(202) 431-3119
Added: Dec 26, 2025
Changed: Jun 9
Last Checked: Jul 30 at 5:06PM
MLS# DCDC2235262
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 is a rare development opportunity to build on a 5418 square foot lot in an alley within the H Street Corridor. The location is near Union Market, H Street, NOMA, and Capitol Hill, surrounded by condos, apartments, hotels, and restaurants. Currently zoned RF-1, the property allows for the construction of two single-family dwellings. The current usage is commercial, featuring a plumbing office and warehouse already equipped with plumbing, sewer, gas, and electricity. There is also an opportunity to develop a boutique multi-family building with BZA approval. The lot size is 0.1244 acres.
Key Highlights
- Rare 5418 SF lot in the H Street Corridor, offering significant development potential.
- Prime location near Union Market, H Street, NOMA, and Capitol Hill.
- Zoned RF‑1, allowing for the construction of two single‑family dwellings.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,271
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 5418 SF lot near Union Market, H Street, NOMA.
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 $1,099,000.
What are key features of this property?
This property features: Rare 5418 SF lot in the H Street Corridor, offering significant development potential.; Prime location near Union Market, H Street, NOMA, and Capitol Hill.; Zoned RF‑1, allowing for the construction of two single‑family dwellings.
