10-Unit Shovel-Ready Development Site 1919 Benning Rd NE

Global Real Estate Advisors (GREA) extends to qualified investors the opportunity to acquire the fee simple interest in 1919 Benning Road NE, situated in the Kingman Park neighborhood of Washington, D.C. The site is fully permitted with plans for a 10-unit shovel-ready multifamily development to commence as soon as a new buyer closes on the site. Ownership has already dealt with the burden of the entitlement process, saving a new owner the headache of that process. Featuring favorable MU-5A zoning, the planned unit mix includes (1) two-bedroom/one-bath, (6) two-bedroom/two-bath, and (3) two-bedroom/2.5-bath apartments. Amenities consist of outdoor space and two surface parking spaces.
1919 Benning Road NE sits in the heart of the Kingman Park neighborhood, a rapidly evolving area in Washington, D.C. Situated near major corridors - Benning Road and the Anacostia Freeway - this location provides easy access to Downtown D.C. and other key neighborhoods, offering a central yet emerging spot for development. The area benefits from significant infrastructure improvements and urban revitalization, making it an increasingly desirable location for both residential and commercial investment.
Kingman Park is a residential community characterized by a blend of single-family homes, low-rise apartment buildings, and emerging mid- to high-rise developments. As the district expands and diversifies, Kingman Park is becoming a more attractive option for residents seeking proximity to the downtown core without the premium costs of closer neighborhoods. The nearby H Street Corridor and Capitol Hill offer numerous amenities, dining options, and cultural attractions that further enhance the area’s desirability.
Washington, D.C.’s real estate market remains strong, with continued demand for multifamily housing driven by job growth, population increases, and as a hub for government, tech, and professional services. The development of mixed-use properties and transit-oriented developments (TOD) is shaping the city’s future, and Kingman Park is well-positioned to benefit from these trends.
The proximity of 1919 Benning Road NE to large-scale developments presents an excellent investment opportunity. As surrounding areas become more desirable due to increased amenities, improved infrastructure, and a sense of community, the potential for value appreciation is significant. Investors can capitalize on the ongoing gentrification process, which is likely to drive both residential demand and long-term capital appreciation.
Moreover, the nearby developments point to a broader urban trend that is likely to increase demand for both affordable and market-rate housing in the Kingman Park neighborhood. The accessibility of major roads, Metro stations, and the ongoing investment in infrastructure make the area an ideal location for residential development.
1919 Benning Road NE presents an outstanding development opportunity for investors and developers.
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Broker of Record - Jennifer D. Stein - REO40000035 [26401 Calle Rolando, San Juan Capistrano, CA 92675; Tel: 213.446.5366]