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: