650 Morton St NW - 650 Morton St NW - RA-3 Redevelopment Site
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650 Morton St NW - 650 Morton St NW - RA-3 Redevelopment Site
0.15 Acres of Commercial Land Offered at $2,249,999 in Washington, DC 20010
Investment Highlights
- Redevelopment opportunity for townhouse or two over two style condos, residential apartment building, and more
- Close proximity to Metro station, retail, nightlife, and dining
- Located across the street from newly built Park Morton Apartments
Executive Summary
Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.
Property Facts
| Price | $2,249,999 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Price | $2,249,999 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.15 AC |
1 Lot Available
Lot
| Price | $2,249,999 | Lot Size | 0.15 AC |
| Price Per AC | $14,999,993 |
| Price | $2,249,999 |
| Price Per AC | $14,999,993 |
| Lot Size | 0.15 AC |
Expansive 6,740 SQF flat lot zoned RA-3 across from newly redeveloped Park Morton Apartments.
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Biker's Paradise (93)
zoning
| Zoning Code | RA-3 (RA-3 zoning allows by-right development withFAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. IZ+ overlay.) |
| RA-3 (RA-3 zoning allows by-right development withFAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. IZ+ overlay.) |
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Chris Burns -
TTR Sotheby's International Realty
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650 Morton St NW - 650 Morton St NW - RA-3 Redevelopment Site
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