T Place Southeast

Washington, DC 20020

$1,149,000
Price
45,324 / 1.04
Lot Size / Acres

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...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
  1. Listed by Lorenzo M Wooten Jr. • Marcus & Millichap Real Estate
    P: (202)-536-3742 lorenzo.wooten@marcusmillichap.com

Property Details for T Place Southeast

Tax ID Number
5742//0817
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Legal Subdivision
Randle Heights
Central Air
No
Construction Completed
No
LISTING UPDATED: 10/30/2024 05:16 PM

Property Details for T Place Southeast

StatusActive
MLS #DCDC2166758
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size1.04 AC
CountyDistrict of Columbia

Building Information for T Place Southeast

Lot Size1.04 AC

Property Information for T Place Southeast

Location
Location
  • In City Limits: No
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $292,790
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RA-1
  • Zoning Dscrp: Zoned RA-1 zoning allows for moderately densed development and approximately 40 Multifamly units on this site.
  • Tax Lot: 817
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Current Use: Other
  • Soil Types: Mixed
  • Parcel ID: 16101728
  • Additional Parcels: No
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.wootensalesgroup.com

Property History for T Place Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near T Place Southeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Stanton Elementary School
PublicPK to 5

Kramer Middle School
Public6 to 8

Anacostia High School
Public9 to 12

Excel Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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T Place Southeast is a 1.04 ac of land for sale in Washington, DC 20020. This property was listed for sale on October 30, 2024 by Marcus & Millichap Real Estate, it's currently listed at $1,149,000. It has been on the market for a total of 26 days and was last sold on June 20, 2019. This listing's school district is District Of Columbia Public Schools. Nearby schools include Stanton Elementary School, Kramer Middle School and Anacostia High School. T Place Southeast is a 0-bed, 0-bath, 1.04 ac of land on a 45,324 sq. ft. / 1.04 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap Real Estate

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/30/2024 05:16 PM