212 Van Buren Street NW & 6500 Blair Road NW
Approximately Two Acres of PDR-1 Zoned Land Located 0.6 Miles from the Takoma Metro Station
Marketing description
Feldman Ruel Urban Property Advisors is pleased to offer for sale 212 Van Buren Street NW & 6500 Blair Road NW, two parcels totaling approximately two acres. The PDR-1 zoned lots allow for a wide range of retail, office, self-storage, and light industrial uses and permit up to a 3.5 FAR. The subject property represents an excellent opportunity for an owner/user to maintain or expand their business in the rapidly developing Takoma neighborhood of Washington, D.C. Given the various by-right uses and significantly underutilized FAR, the subject property could be developed into a self-storage facility or potentially a mixed-use/multifamily project by way of a Map Amendment or Planned Unit Development (PUD).
Download the Offering Memorandum: https://listings.feldmanruel.com/properties/212-van-buren-street-nw-6500-blair-road-nw/
Investment highlights
- By-Right Development Potential of 302,750 Square Feet
- Additional Density May be Achieved Through a Map Amendment or PUD
- Covered Land Play | Opportunity to Reposition with Short-Term Leases
- Existing Buildings offer 10,637 Square Feet of Space
- PDR-1 Zoning | Allows for Wide Range of Uses and Up to a 3.5 FAR
- 0.6 Miles from the Takoma Metro Station Along the Red Line
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