4407 Lee St, Washington, DC 20019
This exceptional 6,192 square foot property located at 4407 Lee Street NE, Washington, DC, presents a unique investment opportunity. Situated on a sizable 0.41-acre corner lot, this vacant religious facility offers significant redevelopment potential. The property's strategic location within walking distance of the Deanwood Metro Station provides unparalleled accessibility, enhancing its appeal to a wide range of potential uses. The commercial zoning allows for diverse development options, catering to various business needs. Furthermore, the property benefits from its proximity to other ongoing redevelopment projects within a half-mile radius, indicating a thriving and dynamic neighborhood. This suggests a strong potential for future appreciation and a robust return on investment. The existing structure, while currently vacant, could be repurposed or demolished to accommodate a new construction project. The ample lot size offers flexibility in design and development, allowing for the creation of a substantial commercial building or a mixed-use development. This property is ideal for investors seeking a prime location with high redevelopment potential in a rapidly growing area of Washington, DC. The convenient access to public transportation and the surrounding development activity make this an attractive proposition for both short-term and long-term investment strategies. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property.
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Second Refreshing Spring Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.