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Listed by Christina La Vigna • Halcyon Realty Group LLC
$349,900
Est. payment /mo
3,130 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2257020
HOA Y/N N
Annual Tax Amount $1,760
Tax Year 2025
Lot Size 3,130 Sqft
Acres 0.07
Property Sub-Type Land
Source BRIGHT
Property Description
1 Wootten Ct is a rare alley lot located in the RF-1 zoning district, offering flexible use for parking income or future development. The site has potential for up to 18 parking spaces, with estimated value of approximately $30,000 per space if sold individually, or it can be leased for ongoing monthly parking income.
Because of its alley access and layout, the lot also offers a unique opportunity to maximize underutilized space by providing parking to surrounding properties, which supports strong local demand for off-street parking.
If developed and leased as parking, the site has the potential to generate approximately $300–$500 per space per month, creating a strong income-producing asset.
Zoned RF-1, the property also allows for potential two-unit condominium development, subject to zoning compliance and approvals, offering multiple exit strategies for an investor.
Buyer to perform their own due diligence, including zoning, permitted uses, development feasibility, engineering, parking capacity, and all required governmental approvals. Property is sold as-is with no representations or warranties regarding development potential or parking capacity.
Because of its alley access and layout, the lot also offers a unique opportunity to maximize underutilized space by providing parking to surrounding properties, which supports strong local demand for off-street parking.
If developed and leased as parking, the site has the potential to generate approximately $300–$500 per space per month, creating a strong income-producing asset.
Zoned RF-1, the property also allows for potential two-unit condominium development, subject to zoning compliance and approvals, offering multiple exit strategies for an investor.
Buyer to perform their own due diligence, including zoning, permitted uses, development feasibility, engineering, parking capacity, and all required governmental approvals. Property is sold as-is with no representations or warranties regarding development potential or parking capacity.
Location
State DC
County Washington
Zoning RF-1
Exterior
Water Access N
Garage N
Building
Sewer Other
Water None
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3562//0060
Ownership Fee Simple
Special Listing Condition Bank Owned/REO
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Nearby School & Business
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