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.
| MLS # | 2549382 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 88 |
| Listing Provided By | Best Choice Realty LLC | Sherry Zuo |
| Zoning | NC2(M) |
|---|---|
| Acreage | 0.30 |
| Property | 46368 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| School District | Roosevelt High |
| Elementary School | Laurelhurst |
| High School | Roosevelt High |
| Listing VS Median (in University District) | |
Price: $4,950,000 low | high Med: $799,000 On site: 88 low | high Med: 74 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| School District | Roosevelt High |
| Elementary School | Laurelhurst |
| High School | Roosevelt High |
| Listing VS Median (in University District) | |
Price: $4,950,000 low | high Med: $799,000 On site: 88 low | high Med: 74 | |