1 Wooten Ct Ne, Washington, DC 20002

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 in...