Property summary
This exceptional 21,835 square foot industrial land parcel presents a unique investment opportunity in Washington, D.C. Located at 1703 Bladensburg Road NE, this fee simple property boasts over 200 feet of frontage on Bladensburg Road NE, providing excellent visibility and accessibility. The property is zoned PDR-1, offering a wide range of development possibilities. Convenient rear alley access enhances logistical efficiency. Its strategic location in Northeast Washington, D.C. provides easy access to major transportation arteries, including I-495 and I-295, facilitating seamless connectivity to Maryland and downtown D.C. Currently leased month-to-month, this property offers immediate cash flow to offset holding costs while development plans are finalized. This is one of two available lots exceeding 20,000 square feet in this area, situated immediately south of the New City DC Development project, indicating significant potential for future appreciation. The property's size and zoning make it ideal for a variety of industrial uses, representing a compelling investment opportunity in a rapidly developing area. The asking price is $3,250,000.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
05 PENTHOUSE AND ROOFTOP STRUCTURE 206 [RESERVED] 207 REAR YARD 208 SIDE YARD 209 COURT 210 TRANSITION SETBACKS 211 GREEN AREA RATIO 211 Source Note CHAPTER 3 CAPITOL INTEREST PRODUCTION, DISTRIBUTION, AND REPAIR ZONE -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PDR-1 · Washington, DC05 PENTHOUSE AND ROOFTOP STRUCTURE 206 [RESERVED] 207 REAR YARD 208 SIDE YARD 209 COURT 210 TRANSITION SETBACKS 211 GREEN AREA RATIO 211 Source Note CHAPTER 3 CAPITOL INTEREST PRODUCTION, DISTRIBUTION, AND REPAIR ZONE -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
05 PENTHOUSE AND ROOFTOP STRUCTURE 206 [RESERVED] 207 REAR YARD 208 SIDE YARD 209 COURT 210 TRANSITION SETBACKS 211 GREEN AREA RATIO 211 Source Note CHAPTER 3 CAPITOL INTEREST PRODUCTION, DISTRIBUTION, AND REPAIR ZONE -…
What can be built and operated here — officially.
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