Bruce Pl Washington DC- Land for Apartment
Prime Washington, DC development opportunity — land zoned for apartment construction
Marketing description
RA-2 Zoned Development Opportunity | 36,000+ SF Lot
Presenting a premier residential development site at Bruce Pl, Washington, DC. This 0.83-acre parcel has been aggressively repriced to $750,000 to ensure an immediate sale.
Investment Highlights:
Development Flexibility: RA-2 zoning permits a variety of residential uses, including multi-family apartment buildings.
Strategic Size: One of the larger undeveloped residential parcels remaining in the area.
Market Context: Located in a high-growth zone with increasing residential density and nearby revitalization projects. **** Estimated Unit Potential: Based on the zoning, potential for approximately 70+ multifamily units. 75,380 sqft Building * Significant Development Potential: The RA-2 zoning allows for moderate-density development, including detached dwellings, rowhouses, and low-rise apartments. With a minimum lot area requirement of 1,800 sq ft (Bruce pl lot size 36,117 sqft), this expansive parcel offers ample space for creative development. * ***
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Investment highlights
RA-2 zoning also permits compatible institutional and semi-public buildings, expanding development possibilities *** Essential Utilities: Water and sewer connections are readily available within 50 feet, streamlining the development process. *** Up-and-Coming Area: Invest in a neighborhood on the rise, poised for significant appreciation. **** Zoning: RA-2: predominantly moderate-density residential development *Minimum Lot Area: 1,800 sq ft. *
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