Investment Overview
NAI Michael, as exclusive listing agent, is pleased to present a rare opportunity to acquire 4.21± acres of developable land in Northeast Washington, DC. The offering consists of four parcels organized into two independent, developable pods located within the Brentwood submarket, one of the most active growth corridors in the District.
Pod 1 consists of Lots A and B at 1311 Rhode Island Avenue NE, totaling 1.58± acres zoned MU-4, a high-density mixed-use designation that supports residential, retail, office, and hotel uses directly fronting the Rhode Island Avenue Great Streets corridor.
Pod 2 comprises two contiguous parcels at 1301 Saratoga Avenue NE and 2420 14th Street NE, totaling 2.63± acres zoned RA-1, which accommodates multifamily residential development.
The combined assemblage offers prospective developers significant flexibility. Parcels may be acquired together or independently, with the ability to pursue complementary development programs across both pods or strategically phased delivery. The site's Metro proximity, established neighborhood infrastructure, and favorable zoning make this an exceptional near-term development project.
Under current MU-4 zoning, Pod 1 supports mixed-use development with meaningful residential density and ground-floor activation along a high visibility corridor. RA-1 zoning in Pod 2 supports multifamily development at density commensurate with the surrounding residential fabric. Both pods benefit from DC's established entitlement framework and proximity to significant infrastructure investment.
Potential development programs (subject to verification and applicable zoning review) may include:
• Market-rate and/or affordable multifamily residential
• Mixed-use development with ground-floor retail/restaurant
• Townhome or stacked residential product (Pod 2)
• Workforce or affordable housing utilizing DC programs and incentives
PARCEL BREAKDOWN
POD 1 - 1311 Rhode Island Ave NE (Lot A) - 1.26 AC, Zoned MU-4
POD 1 - 1311 Rhode Island Ave NE (Lot B) - 0.32 AC, Zoned MU-4
POD 2 - 1301 Saratoga Ave NE - 1.321 AC, Zoned RA-1, Lot 28 Square 3953
POD 2 - 2420 14th St NE - 1.31 AC, Zoned RA-1, Lot 28 Square 3953
Investment Highlights
- Rare DC Development Opportunity: 4.21± acres in Northeast Washington, DC . Washington DC is city where large, contiguous development sites are exceptionally scarce.
- Two Separately Developable Pods: Pod 1 (1.58± AC, MU-4) fronts Rhode Island Avenue; Pod 2 (2.63± AC, RA-1) sits on Saratoga Ave and 14th St NE, offering flexible phasing and disposition strategies.
- Favorable Zoning: MU-4 corridor zoning supports mixed-use density with ground-floor retail; RA-1 residential zoning supports multifamily development.
- Metro Proximity: 15-minute walk to the Rhode Island Avenue–Brentwood Metro Station (Red Line), providing connectivity to the broader DC region.
- Commuter Route Visibility: Situated with excellent visibility and frontage along Rhode Island Avenue and Brentwood Road NE.
- Robust Submarket Momentum: Located in the Brentwood submarket, surrounded by completed and upcoming developments including Bryant Street, Rhode Island Row, RIA, and Rowan.