Multifamily Development Land
For Sale
Contact for pricing
728-730 50th St Ne, Washington, DC 20019
Two-lot assemblage zoned RA 4 in an Opportunity Zone, positioned for multifamily development.
Property SizeContact for details
Lot Size0.12 Acres
Days on Market135
Property Features for 728-730 50th St Ne
General Information
Standard status
Active
Lot size
0.12 Acres
Property subtype
Multifamily
Zoning
RA-4
Additional Details
Opportunity Zone
Yes
Listing Agency:
Marcus & Millichap - Washington, D.C.
(202) 536-3742
Listed By:
Lorenzo Wooten, Jr. CCIM · License #MD 629911
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Apr 12 at 1:53AM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
An assemblage of two residential lots totaling 5,393 SF located on the west side of 50th Street NE, offered as a development site in the Deanwood subdivision. The property presents an opportunity for the development of 17 multifamily units, with zoning that provides an RA 4 framework allowing a 3.5 FAR and building height up to 90 feet.
The parcels are located within an Opportunity Zone and HUB Zones. The site is approximately 1.5 miles from three different Metro stations: Deanwood, Benning Road, and Capitol Heights. Nannie Helen Burroughs Avenue, identified as a Great Streets Corridor and described as a major thoroughfare one block away, supports the District’s Great Streets program that offers small businesses grants toward capital improvements and select soft costs up to $75,000.
According to the Washington, D.C. Economic Partnership, in 2017 up to $50,000 was awarded per location, and the neighborhood is highlighted as having multiple planned and proposed projects in the pipeline.
The parcels are located within an Opportunity Zone and HUB Zones. The site is approximately 1.5 miles from three different Metro stations: Deanwood, Benning Road, and Capitol Heights. Nannie Helen Burroughs Avenue, identified as a Great Streets Corridor and described as a major thoroughfare one block away, supports the District’s Great Streets program that offers small businesses grants toward capital improvements and select soft costs up to $75,000.
According to the Washington, D.C. Economic Partnership, in 2017 up to $50,000 was awarded per location, and the neighborhood is highlighted as having multiple planned and proposed projects in the pipeline.
Key Highlights
- Two‑lot assemblage totaling 5,393 SF on the west side of 50th St NE (728 & 730 50th St NE), Washington, DC 20019
- Zoned RA‑4 with 3.5 FAR and building height up to 90 feet
- Planned development site for 17 multifamily units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two-lot assemblage zoned RA 4 in an Opportunity Zone, positioned for multifamily development.
Where is this residential land & home lot located?
The property is located at 728-730 50th St Ne Washington, DC.
What are key features of this property?
This property features: Two‑lot assemblage totaling 5,393 SF on the west side of 50th St NE (728 & 730 50th St NE), Washington, DC 20019; Zoned RA‑4 with 3.5 FAR and building height up to 90 feet; Planned development site for 17 multifamily units
