Bruce Place SE Washington DC 20020 Prime Development Opportunity: Residential Apartment Zoned Expansive 0.83 Acre Lot in Rapidly Developing Southeast DC Unlock the potential of this exceptional 0.83-acre (36,117 sq ft) parcel located on Bruce Place SE, Washington DC 20020. This rare, substantial lot, zoned RA-2, presents a compelling development opportunity in a burgeoning Southeast DC neighborhood. Key Features & Benefits: • Significant Development Potential: The RA-2 zoning allows for moderate-density development, including detached dwellings, rowhouses, and low-rise apartments. With a minimum lot area requirement of 1,800 sq ft (Bruce pl lot size 36,117 sqft), this expansive parcel offers ample space for creative development. o Buildable Potential: Capitalize on the zoning regulations: maximum 60% lot occupancy, 50 ft height, No limit on the amount of stories, and a 1.8 Floor Area Ratio. This translates to substantial buildable square footage, potentially supporting numerous residential units. o Estimated Unit Potential: Based on the zoning, potential for approximately 70+ multifamily units. 75,380 sqft Building o Beyond Residential: RA-2 zoning also permits compatible institutional and semi-public buildings, expanding development possibilities. • Strategic Location: o Just 3 blocks from the transformative Stanton Square development, placing you at the epicenter of growth. o Surrounded by existing apartment buildings and the Jasper Place Building, indicating established and increasing residential density. o Proximity to major employment and entertainment hubs: Downtown DC, Joint Base Anacostia-Bolling, Navy Yard, Nationals Park, Saint Elizabeths Hospital, and National Harbor. o Excellent connectivity via the Yellow Line Metro station and easy access to the 495 and 295 Beltways, ensuring seamless travel throughout the region. • Essential Utilities: Water and sewer connections are readily available within 50 feet, streamlining the development process. • Up-and-Coming Area: Invest in a neighborhood on the rise, poised for significant appreciation. • Land Characteristics: Lightly wooded lot, offering a blend of urban convenience and natural surroundings. • Zoning Highlights: o RA-2: predominantly moderate-density residential development. o Minimum Lot Area: 1,800 sq ft. o Maximum Lot Occupancy: 60%. o Maximum Height: 50 ft. o Maximum Stories: No Limit. o Rear Yard Setback: 15 ft. o Side Setback: 4ft. o Floor Area Ratio: 1.8. Investment Opportunity: This property represents a rare chance to capitalize on the rapid growth of Southeast DC. Whether you envision a multi-family residential development or a compatible institutional building, this expansive lot offers the canvas to create a valuable asset in a prime location.