Why Are Vacant Lots Hitting the Market in DC for $70,000?
✉️ Want to forward this article? Click here.
![Why Are Vacant Lots Hitting the Market in DC for $70,000?: Figure 1](https://assets.urbanturf.com/dc/images/blog/2018/05/nashpl550.jpg)
Are small plots of land listed for $70,000 the latest fad in DC real estate?
A couple weeks after UrbanTurf first reported that a triangular plot in Adams Morgan had been listed for $70,000, a collection of other pieces of land around the city hit the market with that price tag.
Realtor Farone Williams is representing a handful of vacant plots around DC, which don't share much in common besides having been owned by the same individual and carrying a $70,000 price tag. "Knowing the complexities of getting those properties dealt with, it had to be an attractive price to move them," Williams explained to UrbanTurf.
story continues below
loading...story continues above
After the owner's recent passing, the estate entrusted Williams to list the sites (including the Adams Morgan lot). The remaining sites include:
- A 2,000 square-foot lot in the Penn Branch neighborhood of Southeast. Located on Nash Place SE (map), the site sits among a suburban-style stretch of single-family detached homes. The site is zoned R-1-B, which theoretically allows for by-right detached home construction (after the trees and underbrush are cleared, at least).
- A 521 square-foot lot on Independence Avenue SE close to the intersection with Massachusetts Avenue (map). The site is currently paved over and partially used as a de facto driveway; it is zoned MU-4, which theoretically allows for by-right moderate-density mixed-use development.
- A 2,178 square-foot, landlocked lot adjacent to Aquatic Gardens off Anacostia Avenue and Pine Street NE (map). None of the adjacent streets have direct access to the site. This site is also zoned R-1-B.
All of the above sites would potentially require a creative approach if they were to be improved with new residences, so it will be interesting to see what plans emerge after they are purchased.
See other articles related to: vacant spaces
This article originally published at https://dc.urbanturf.com/articles/blog/why-are-vacant-lots-hitting-the-market-in-dc-for-70,000/14022.
Most Popular... This Week • Last 30 Days • Ever
![Buying with Friends: What You Should Know](https://assets.urbanturf.com/dc/images/blog/2010/05/home_value.jpg)
Here are some precautions to take before buying real estate with a buddy.... read »
![$10 Million McLean Home Of Former Nationals Star Stephen Strasburg Finds a Buyer](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/VAFX2180246_45_0_image_560x420.jpg)
The six-bedroom home listed for just south of $10 million back in June went under con... read »
![16-Story, 325-Unit Building Pitched For Arlington's Wilson Boulevard](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/2500-wilson-1_image_560x420.jpg)
The new project will take the place of an obsolete office building in Courthouse.... read »
![Mayor Bowser Announces First Office-To-Residential Projects To Receive Tax Abatements](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/1625-mass-1_image_560x420.jpg)
The three office-to-residential conversion projects have been conditionally awarded t... read »
![500 Apartments, Live/Work Units And A Park: The New Plans Coming To St. Elizabeths](https://assets.urbanturf.com/dc/images/blog/2024/09/resized/parcel-6-park_image_560x420.jpg)
The plans for one of the final parcels at DC's St. Elizabeth's East campus are beginn... read »
- Buying with Friends: What You Should Know
- $10 Million McLean Home Of Former Nationals Star Stephen Strasburg Finds a Buyer
- 16-Story, 325-Unit Building Pitched For Arlington's Wilson Boulevard
- Mayor Bowser Announces First Office-To-Residential Projects To Receive Tax Abatements
- 500 Apartments, Live/Work Units And A Park: The New Plans Coming To St. Elizabeths
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro