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Property profile & analytics

1720 New York NE Ave Washington, DC 20002-1728

  • Automotive properties
  • 1,742 SF
  • 0.51 lot acres
OFF-MARKET
Value Estimations
$305,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US16-0150258
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $300,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $333,000
    Market price range: $93.0k - $333k

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$130,537
$1,217,540
$87,830
$1,305,370
-
$1,217,540
$87,830
$1,305,370
More about this property
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