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Rossana Aspite Grimm
Direct Office:
202-368-0187
rossana@lnf.com
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Rossana Aspite Grimm
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Direct Office:
202-368-0187
rossana@lnf.com
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SOLD
$2,900,000
Date 11/30/2022

3024 Bladensburg Road NE
Washington, DC 20018

Land
Land Lot
0.65
Acre Lot
Courtesy: Coldwell Banker Realty - Washington, (202) 387-6180
Home> District of Columbia> Washington> 20018
28,191 SF REDEVELOPMENT SITE â Prime Development Site with potential for 56,000 sf to 117,600 sf (with re-zoning). Currently being used as parking lot, the site is prime for several potential uses including: public storage, parking, multi family housing, affordable housing, senior affordable housing , retail and medical offices. Bladensburg Road is ripe for development as property values in neighboring areas rise and developers/businesses seek new locations. As project in Ivy City and H Street continue to take shape, lower income individuals and families find themselves moving east, leading to a higher demand for affordable housing there and increasing pressure for higher density development. Douglas Developmentâs New City development is looking to bring 352,909 square feet of entertainment, hotel, residential and retail space a six-minute drive down Bladensburg Road NE, showing DCâs general eastward redevelopment pattern. As per the architecture firm Torti Gallas, which was engaged to provide the owner a massing study in September 2020, there is 56,000 sf FAR of as-of-right development potential, and up to 117,600 sf (4.2 FAR) once re-zoned to MU-5 (as projected by the DC Future Land Use Map which shows future uses to be a mix of Medium Density Residential and Moderate Density Commercial). The site is a 20-minute drive to Union Station (via Ivy City, NoMa and Union Market) and is short drive to the National Arboretum, the Shops at Dakota Crossing and the Maryland/DC line. Located on Bladensburg Road NE, the site is on the B2 and H6 bus lines, providing access to Downtown DC and other major destinations. Several carry-out restaurants, service retailers and shops are located on Bladensburg Rd. A Good Food Grocery store is also located less than a mile away, and a MOM's Organic Market and Giant Foods are also within reach.
DCDC2055684
Land
WASHINGTON
0.65 Acres
Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Coldwell Banker Realty - Washington, (202) 387-6180
This content last refreshed on 4/26/2024 11:30 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.