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    212 Blair Rd Washington, DC 20012

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    For Sale
    Contact for pricing

    Two acres, PDR-1 zoned, Metro proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering encompasses two parcels totaling approximately two acres at 212 Van Buren Street NW & 6500 Blair Road NW in Washington, D.C.'s rapidly developing Takoma neighborhood. The property boasts 86,500 square feet of land zoned PDR-1 and R-1, allowing for a wide array of uses including retail, office, self-storage, and light industrial. The existing buildings provide 10,637 square feet of usable space, presenting a value-add opportunity through short-term leasing and repositioning. By-right development potential is substantial, reaching 302,750 square feet, with the possibility of further density increases through a map amendment or Planned Unit Development (PUD). The property's location offers excellent accessibility, situated just 0.6 miles from the Takoma Metro Station on the Red Line. This presents a unique chance for owner-users to expand their operations or for developers to capitalize on the significant underutilized floor area ratio (FAR) of 3.5. The APN numbers are 3369-0000-0812 and 3369-0000-0816. This is a rare opportunity to acquire a large, well-located parcel in a thriving area of the District of Columbia. The property's zoning and location combine to create a compelling investment prospect with diverse development possibilities.

    Property Features for 212 Blair Rd

    General Information

    Property type
    Land

    HighLights

    • Two‑acre land parcel totaling 86,500 square feet.
    • By‑right development potential of 302,750 square feet.
    • Density increase potential through map amendment or PUD.
    • Value‑add opportunity with short‑term leasing and repositioning.
    • Existing 10,637 square feet of building space.
    • PDR‑1 zoning allows diverse uses with a 3.5 FAR.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -77.0139681
    Latitude
    38.9698355

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    FAQs

    What type of property is this?
    Land - Two acres, PDR-1 zoned, Metro proximity
    Where is this land located?
    The property is located at 212 Blair Rd Washington, DC.
    What are key features of this property?
    This property features: Two-acre land parcel totaling 86,500 square feet.; By-right development potential of 302,750 square feet.; Density increase potential through map amendment or PUD.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 Blair Rd Washington, DC 20012
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