212 Van Buren Street NW & 6500 Blair Road NW
Washington, D.C. 20012
The Offering
Summary
- Unpriced Request For Offers
- Total Lot Size 86,500 SF
- Product Type Industrial/Development
- Van Buren - Lot Size 28,661 SF
- Blair Road - Lot Size 57,839 SF
- Blair Road - Zoning PDR-1 & R-1
- Van Buren - Zoning PDR-1
- Blair Road - Warehouse GLA 1,488 SF
- Van Buren - Office GLA 5,406 SF
- Van Buren - Warehouse GLA 3,743 SF
Investment Summary
Feldman Ruel is pleased to offer for sale 212 Van Buren Street NW & 6500 Blair Road NW, two parcels totaling approximately two acres. The PDR-1 zoned lots allow for a wide range of retail, office, self-storage, and light industrial uses and permit up to a 3.5 FAR. The subject property represents an excellent opportunity for an owner/user to maintain or expand their business in the rapidly developing Takoma neighborhood of Washington, D.C. Given the various by-right uses and significantly underutilized FAR, the subject property could be developed into a self-storage facility or potentially a mixed-use/multifamily project by way of a Map Amendment or Planned Unit Development (PUD).
Investment Highlights
• By-Right Development Potential of 302,750 Square Feet
• Additional Density May be Achieved Through a Map Amendment or PUD
• Covered Land Play | Opportunity to Reposition with Short-Term Leases
• Existing Buildings offer 10,637 Square Feet of Space
• PDR-1 Zoning | Allows for Wide Range of Uses and Up to a 3.5 FAR
• 0.6 Miles from the Takoma Metro Station Along the Red Line
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