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4722 - 4730 15th Avenue NE, Seattle, Washington, United States, 98105

4,950,000
for Sale
12,960

About the property:

Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.
Property Type:
Lots & Land
Status:
for Sale
House Style:
Other
Acres:
0.2975
Directions:
Take exit 169 from I-5 N to NE 50th St, turn right onto 15th Avenue NE for about 300 feet, the property is on the left.
Association Fee:
0
Is Investment:
Yes
Is Land:
Yes
Is Market:
Yes
Is Media:
Yes
Is Mix:
Yes
Is Other:
Yes
Is Retail:
Yes
Is Unit:
Yes
Annual Property Taxes:
46,368
Listing ID:
2549382

Rooms

Dimensions

Brokered by:
Best Choice Realty
Presented By:

Sibhat Petros

Broker

Best Choice Realty