1720 New York NE Ave Washington, DC 20002-1728
- Automotive properties
- 1,742 SF
- 0.51 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 1720 New York NE Ave
- Year built
- 1971
- Construction
- BRICK
- Lot size
- 0.51 lot acres
- Property size
- 1,742 SF
- Zone code
- PDR-2,PDR-4
- Property type
- Automotive properties
- APN
- 4104 0248
- APU
- 41040248
Description
This exceptional 0.51-acre commercial and industrial land parcel presents a unique investment opportunity. Situated at the highly visible intersection of New York Avenue NE, Montana Avenue, and West Virginia Avenue, this property benefits from exceptional visibility and accessibility. The strategic location directly across from Douglas Development's substantial mixed-use New City DC project ensures significant future growth potential. The site's zoning, designated as PDR-2 and 4, allows for a diverse range of development possibilities, catering to commercial, industrial, retail, and office uses. The single-tenant nature of the land offers flexibility for developers seeking a clean slate for their vision. Given its size and prime location, this property is ideal for developers seeking to capitalize on the burgeoning growth in the area. The high traffic count at this intersection guarantees significant exposure for any future development. This is a rare opportunity to acquire a strategically located parcel in a rapidly developing neighborhood, offering substantial long-term value and potential for significant returns. The 0.51-acre lot provides ample space for a variety of development projects, making it an attractive proposition for both large and small-scale ventures. The existing infrastructure and proximity to established amenities further enhance the appeal of this exceptional property. Serious inquiries are encouraged.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $300,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $333,000
Market price range: $93.0k - $333k
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Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -76.9788
- Latitude
- 38.9175
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA