Land For Sale • 0.47 AC
Potential for Upzoning: Given the subject property's proximity to mass transit, and the Office of Planning's focus on increasing density around such areas, 2610 Stanton Road SE is an ideal candidate for a zoning change through Washington, D.C.'s map amendment process. 2610 Stanton Road SE is currently zoned RA-1 (1.08 FAR 40% lot occupancy), but there is potential for upzoning to RA-2 (2.16 FAR + penthouse, 60% lot occupancy). Multiple Potential Uses: The RA-1 (& RA-2) zoning designation allows for a range of uses, including townhomes, multifamily, single-family homes, retirement communities, childcare, and others. Located in an Opportunity Zone/Qualified Census Tract: 2610 Stanton Road SE is located in an Opportunity Zone and Qualified Census Tract, both of which provide incentives for investment and development in low-income communities. Opportunity Zones, created in the Tax Cuts and Jobs Act of 2017, offers tax benefits to investors who develop ground-up or value-add projects in these designated areas using equity from capital gains events. Development in Qualified Census Tracts allow a developer a 30% step-up in basis, significantly increasing project returns. Proximity to Metro/Mass Transit: The subject property is situated 0.4 miles from the Anacostia Metro station. Furthermore, there are several bus stops and a Capital Bikeshare docking station a few blocks away.
RA-1 Zoning Allows for Townhome, Condominium, & Multifamily Development |
Conveys with Conceptual Plans for 18 2-Over-2 Townhomes |
Potential to Upzone from RA-1 to RA-2 Through the Map Amendment Process |
Located in an Opportunity Zone & Qualified Census Tract |
Situated 0.4 Miles from the Anacostia Metro Station Along the Green Line |
2,115 Multifamily Units & 113,013 SF of Retail Either Proposed or Under Construction Nearby |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
L'enfant (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) | 6 min | - | 3.7 mi |
Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC)) | 8 min | - | 4.0 mi |
Transit/Subway | Drive | Walk | Distance |
Anacostia (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) | 0 min | 7 min | 0.4 mi |
Airport | Drive | Walk | Distance |
Ronald Reagan Washington Ntl | 14 min | - | 7.8 mi |
Baltimore/Washington International Thurgood Marshall | 47 min | - | 31.6 mi |
Washington Dulles International | 51 min | - | 32.2 mi |