About this home

Two-Lot Development Package in Fairmont Heights! Don't miss this exceptional opportunity to invest in a two-lot package both included at list price at 711 Eastern Avenue and 708 58th Avenue, totaling 27,723 SF (0.64 acres). Both parcels are zoned CGO (Commercial General Office), offering excellent flexibility for a variety of development options. Whether you're considering mixed-use, residential, or affordable housing projects, the current zoning creates a strong foundation for future growth. Buyers are responsible for conducting their own due diligence regarding permitted uses, density, and approvals. Ideally positioned just 0.9 miles from the Deanwood Metro Station (Orange Line) and minutes from I-295, this site provides outstanding connectivity to Washington, D.C., and surrounding areas. Located in a high-demand transit corridor, it's a rare chance to bring value and revitalization to an evolving neighborhood. Priced competitively and recently appraised at $430,000 (August 2023), this offering won't last long. Seize the opportunity to shape the future of Fairmont

Facts and features

Schools

• Robert R. Gray Elementary School

  elementary · K-8 · 0.7 mi

  4

• Fairmont Heights High School

  high · 9-12 · 1.7 mi

  2

• The Monroe School

  middle · 6-12 · 0.6 mi

• G. James Gholson Middle School

  middle · 6-8 · 2.3 mi

  3

• The Riverseed School

  elementary · K-5 · 0.2 mi

• Seat Pleasant Elementary School

  elementary · K-5 · 0.6 mi

  1

Price history

• May 8, 2025 · Listed$430,000
• Jun 9, 2020 · Sold$239,900
• Oct 30, 2019 · Price Changed$239,999
• Sep 20, 2019 · Listed$319,900
• Jan 26, 2005 · Sold$223,000

Tax history

• 2026$2,444 tax · $104,500 assessed
• 2025$2,442 tax · $104,500 assessed
• 2024$2,436 tax · $104,500 assessed
• 2023$2,427 tax · $104,500 assessed
• 2021$2,315 tax · $99,300 assessed
• 2020$2,293 tax · $96,700 assessed
• 2019$2,294 tax · $96,700 assessed
• 2018$2,306 tax · $96,700 assessed

Home value

$245,000

• Collateral Analytics$245,000

Where it is