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Opportunity Zone Development Site
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608 Kennedy St NW Washington, Washington, DC 20011

Development site with approved plans for 77 residential units and ground-level commercial space.

Property Size21,363 SF
Days on Market121

Property Features for 608 Kennedy St NW Washington

General Information

Standard status Active
Size 21,363 SF
Property subtype Land

Additional Details

Opportunity Zone Yes
Multifamily Units 77
Listing Agency: Feldman Ruel
Listed By: Ian Ruel · License #DC BR200201389
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:38PM

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 Feldman Ruel

Investment Insights

Based on property information with market context.

Feldman Ruel Urban Property Advisors is pleased to offer for sale the development site at 608–618 Kennedy Street NW, a 21,363-square-foot parcel located in an Opportunity Zone. The site conveys with plans for 77 residential units and 11,500 square feet of ground-level commercial space, along with two levels of subterranean parking.

The plans also allow flexibility to reconfigure the overall mix. Specifically, the commercial component can be eliminated and one of the two levels of subterranean parking can be removed.

This property is being marketed as a development-ready opportunity with entitlement-backed planning for a combined residential and ground-level commercial project.

Key Highlights

  • 21,363 SF development site located in an Opportunity Zone
  • Approved plans for 77 residential units
  • Plans include 11,500 SF of ground‑level commercial space

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage HVAC Service Spa & Massage Center

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

Lease Details

77
Residential units

Location Intelligence

Trade Area within ½ mile

1,484
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development site with approved plans for 77 residential units and ground-level commercial space.
Where is this residential land & home lot located?
The property is located at 608 Kennedy St NW Washington Washington, DC.
What are key features of this property?
This property features: 21,363 SF development site located in an Opportunity Zone; Approved plans for 77 residential units; Plans include 11,500 SF of ground‑level commercial space
More about this property
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