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Investment Highlights

  • Short Sale

Executive Summary

Short Sale. Bruce Place SE Washington DC 20020 Prime Development Opportunity: Residential Apartment Zoned Expansive 0.83 Acre Lot in Rapidly Developing Southeast DC Unlock the potential of this exceptional 0.83-acre (36,117 sq ft) parcel located on Bruce Place SE, Washington DC 20020. This rare, substantial lot, zoned RA-2, presents a compelling development opportunity in a burgeoning Southeast DC neighborhood. Key Features & Benefits: **** 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. * ***

Property Facts

Price $892,112 CAD
Sale Type Investment
Sale Condition Short Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Development
Total Lot Size 0.83 AC
Zoning RA-1 - Zoned RA-2, the parcel permits a .9 FAR, allowing for the construction of up to 32,505 square feet of residential space.

1 Lot Available

Lot 849

Price $892,112 CAD
Price Per AC $1,076,130.30 CAD
Lot Size 0.83 AC

Short Sale. Bruce Place SE Washington DC 20020 Prime Development Opportunity: Residential Apartment Zoned Expansive 0.83 Acre Lot in Rapidly Developing Southeast DC Unlock the potential of this exceptional 0.83-acre (36,117 sq ft)

Description

Short Sale. 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. *

Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5876-0849
Land Assessment
$1,011,443 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,011,443 CAD
  • Listing ID: 40541822

  • Date on Market: 2026-05-15

  • Last Updated:

  • Address: Bruce Pl SE, Washington, DC 20020

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