$1,149,000
BRUCE PL SE Washington, DC 20020
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$1,149,000
Est. payment /mo
1.04 Acres Lot
UPDATED:
10/30/2024 09:16 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2166758
HOA Y/N N
Originating Board BRIGHT
Tax Year 2023
Lot Size 1.040 Acres
Acres 1.04
Property Description
Marcus & Millichap is pleased to exclusively represent the owner of a prime redevelopment opportunity at Bruce Place SE, Washington, DC 20020, in the Barry Farm subdivision. This property, situated on a spacious .83-acre lot, offers a significant investment potential. Zoned RA-1, the parcel permits a .9 FAR, allowing for the construction of up to 32,505 square feet of residential space. This translates to the possibility of developing 40 multifamily units.
Barry Farm is currently undergoing substantial redevelopment as part of a district-wide initiative to revitalize the area. The comprehensive redevelopment plan includes new housing, community amenities, retail spaces, and green areas. Early investment will be a benefit in a transforming neighborhood
The property boasts a strategic location in Southeast Washington, DC, with close proximity to downtown, Joint Base Anacostia-Bolling, Navy Yard, Nationals Park, Saint Elizabeths Hospital, National Harbor, the Yellow Line Metro station, and the 495 and 295 Beltways. Its connectivity to major highways and public transportation makes it an attractive site for residential and commercial developments, offering convenient access to key parts of the city, Maryland, and Virginia
Barry Farm is currently undergoing substantial redevelopment as part of a district-wide initiative to revitalize the area. The comprehensive redevelopment plan includes new housing, community amenities, retail spaces, and green areas. Early investment will be a benefit in a transforming neighborhood
The property boasts a strategic location in Southeast Washington, DC, with close proximity to downtown, Joint Base Anacostia-Bolling, Navy Yard, Nationals Park, Saint Elizabeths Hospital, National Harbor, the Yellow Line Metro station, and the 495 and 295 Beltways. Its connectivity to major highways and public transportation makes it an attractive site for residential and commercial developments, offering convenient access to key parts of the city, Maryland, and Virginia
Location
State DC
County Washington
Zoning RA-1
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5742//0817
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Lorenzo M Wooten Jr. • Marcus & Millichap Real Estate
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