212 Blair Rd Washington, DC 20012
- Land
Current Use by Public Records
- Land
Property Details for 212 Blair Rd
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.014
- Latitude
- 38.9698
