2405 Douglas StWashington, DC 20018

Property Details for 2405 Douglas St

Lot size

0.37 AC

Zone code

PDR-1

Property type

Land

Property subtype

Commercial land

APN

4282 0003

APU

42820003

Description

This exceptional 0.37-acre industrial parcel (16,188+ sq ft) in Washington, DC's Langdon neighborhood offers a unique investment opportunity. Located near the intersection of New York Avenue and Bladensburg Road, NE, this fully fenced property boasts heavy steel-grade fencing, a gated entrance, and security cameras. The flat, graded lot is primarily gravel and ready for immediate use, ideal for truck/vehicle storage, equipment/material storage, or other uses permitted under the Production, Distribution, and Repair (PDR-1) zoning. The property's discreet location provides added security and privacy. With the potential to construct up to a 16,000+ sq ft industrial building, this site presents significant long-term development upside. The property is currently tenant-occupied month-to-month, with the tenant open to lease extension. The owner is open to leasing to medical cannabis-related tenants, subject to all applicable ABCA regulations and licensing requirements. Parking for 40-50 vehicles is available. This property is zoned PDR-1 and has a tax ID of Square 4282/Lot 0003. The asking price is $15,000 per month, NNN.

• Alternative Use

  Use

  Valuation

  Residential

  $2,981,420

  Hospitality

  $2,730,964

  Educational

  $2,272,130

  Medical

  $2,350,272

  Retail

  $3,534,425

Location Insight

City

Washington

County

District Of Columbia

State

DC

Latitude

38.9231

Longitude

-76.9718

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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