Washington DC | COMMERCIAL LAND PLOT | ASK 435k TAV 1.1M

🏠 Assignment Opportunity – 466 K St NW, Washington, DC 20001

Assignment Price: $435,000 + CC

Estimated Tax Assessed Value: $1,100,000

Exit Strategy: Development Deal

📍 Property Details

Address: 466 K St NW, Washington, DC 20001

Type: Land (Commercial Zoning)

Year Built: 1776 (Land – no structure)

Square Footage: 0 sq ft

Lot Size: 1,200 sq ft

Beds / Baths: 0 Bed / 0 Bath

Occupancy: Vacant

Parking: Other

Access: Vacant land – view anytime

🛠 Rehab / Development Overview

This is a raw commercial development opportunity.

Scope:

• No structure — full development required
• Commercially zoned lot perfect for multi-use, retail, office, or mixed-use project
• Highly desirable block with heavy foot traffic
• Room for creative architectural planning

Highlights:

• Surrounded by shops, restaurants, museums, and DC attractions
• Fantastic access to New York Ave NW & I-395
• Rarely available commercial lot in a prime corridor
• Ideal for developers seeking infill opportunities in the heart of the capital

📝 Property & Deal Notes

✅ Rare commercial lot in NW DC

✅ High-value development area with strong ARV potential

✅ Excellent traffic, visibility, and location metrics

✅ Perfect for mixed-use or commercial construction

✅ No demolition required — blank slate

📞 TEXT OR CALL BEVANS & BOMBICH LLC FOR A SHOWING TODAY: 737-399-2575

PROPERTY SOLD AS IS | EMD $5000

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller granting this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempt to renegotiate or communicate with the seller directly will result in legal action.