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Property profile & analytics
OFF-MARKET
Automotive properties

1720 New York NE Ave Washington, DC 20002-1728

1,742 SF 0.51 ac lot Built 1971
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US16-0150258
Property summary
AI-generated overview

This exceptional 0.51-acre commercial and industrial land parcel presents a unique investment opportunity. Situated at the highly visible intersection of New York Avenue NE, Montana Avenue, and West Virginia Avenue, this property benefits from exceptional visibility and accessibility. The strategic location directly across from Douglas Development's substantial mixed-use New City DC project ensures significant future growth potential. The site's zoning, designated as PDR-2 and 4, allows for a diverse range of development possibilities, catering to commercial, industrial, retail, and office uses. The single-tenant nature of the land offers flexibility for developers seeking a clean slate for their vision. Given its size and prime location, this property is ideal for developers seeking to capitalize on the burgeoning growth in the area. The high traffic count at this intersection guarantees significant exposure for any future development. This is a rare opportunity to acquire a strategically located parcel in a rapidly developing neighborhood, offering substantial long-term value and potential for significant returns. The 0.51-acre lot provides ample space for a variety of development projects, making it an attractive proposition for both large and small-scale ventures. The existing infrastructure and proximity to established amenities further enhance the appeal of this exceptional property. Serious inquiries are encouraged.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1971
Construction BRICK
Total area 1,742 SF
Lot 0.51 ac (22,137 SF)
Zoning code PDR-2,PDR-4
APN 4104 0248
UPID US16-0150258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1625 New York Avenue LLC · 20 yrs held
1625 New York Avenue LLC
since 2006
1 recorded transaction
2006
$1.3M
Zoning & alternative use
PDR-2,PDR-4 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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