Building Details

Units 10

Listing Agency: Feldman Ruel

Listed By: Ryan Smith · License #DC SP98374805

Source: Crexi

Added: Feb 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:18AM

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Investment Insights

Based on property information with market context.

The property at 2628 Martin Luther King Jr. Avenue SE is a 15,296 square foot multifamily development site located in the Anacostia neighborhood of Washington, D.C. The site is approved for the construction of a 10-unit multifamily building. At closing, the site will convey with a full set of DCRA-approved plans and all permits required to break ground immediately.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Nail Salon Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

879

Businesses Nearby

Explore this area Business Placement

Demographics for 20020, DC

51,616

Population

26,376

Households

2

Avg Household Size

34

Median Age

28%

College-Educated

89%

High-School Grad

4.6 sq mi

ZIP Area

11,221

Density / Sq Mi

$53,015

Median Household Income

$48,752

Median Earnings

$1,317

Median Rent

$442,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 10-unit multifamily development site with approved plans and permits.

Where is this residential land & home lot located?

The property is located at 2628 Martin Luther King Jr Ave SE Washington, DC.

What is the asking price?

The asking price for this property is $1,150,000.