Timmckeownrealestatepnw.com Search Results

26909 203rd Avenue SE, Covington

Listing Broker: Better Homes and Gardens RE PC; Deanna J. Andersen; 253-905-4142; deanna@premiercablingllc.com

Opportunity for Crown Hill Urban Village Multi-Family property (former law office) zoned NC1-55(M)! Hold as fully leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Flexible to owner-occupy w/ residential lending. Surrounding density is growing with new NR zoning. Current rents total $4,800 (near 5% Cap) Don't miss your opportunity to own this fantastic investment opportunity and be in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with signed PSA. Finance Sheet Uploaded.

2587024 MLS ⋅ ACTIVE Status

Opportunity for Crown Hill Urban Village Multi-Family property (former law office) zoned NC1-55(M)! Hold as fully leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Flexible to owner-occupy w/ residential lending. Surrounding density is growing with new NR zoning. Current rents total $4,800 (near 5% Cap) Don't miss your opportunity to own this fantastic investment opportunity and be in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with signed PSA. Finance Sheet Uploaded.

652 NW 85th Street, Seattle

Listing Broker: Windermere RE Greenwood; Jack Malek; 206-498-2189; jmalek@windermere.com

$575,000

Exceptional investment and development opportunity on top of Talbot Hill in Renton. Existing 1930s duplex which sits on a large 14,700 SF corner lot, zoned R-6, with excellent street frontage for future development. Keep the duplex as a rental while building, renovate and partition a second lot, or explore redevelopment potential including multiple homes & DADUs, or middle housing (buyer to verify). Potential territorial views with new two-story construction. Roof replaced in 2021. Both units are tenant occupied on month-to-month leases, offering flexibility for investors and builders. Rent is currently below market. Unit A has 2 bedrooms & 1 bathroom, while Unit B has 1 bedroom & 1 bathroom. Detached garage, basement storage, and city sewer. Seller is open to extended closing and builder-friendly terms.

2584903 MLS ⋅ ACTIVE Status

Exceptional investment and development opportunity on top of Talbot Hill in Renton. Existing 1930s duplex which sits on a large 14,700 SF corner lot, zoned R-6, with excellent street frontage for future development. Keep the duplex as a rental while building, renovate and partition a second lot, or explore redevelopment potential including multiple homes & DADUs, or middle housing (buyer to verify). Potential territorial views with new two-story construction. Roof replaced in 2021. Both units are tenant occupied on month-to-month leases, offering flexibility for investors and builders. Rent is currently below market. Unit A has 2 bedrooms & 1 bathroom, while Unit B has 1 bedroom & 1 bathroom. Detached garage, basement storage, and city sewer. Seller is open to extended closing and builder-friendly terms.

1503 Davis Avenue S, Renton

Listing Broker: Pellego, Inc.; Marcela Hoag; 360-888-7793; marcela@pellego.com

$1,375,000

Auburn 55 presents a compelling 55-unit multifamily development opportunity on approximately 0.92 acres in North Auburn. The generally level infill site is currently planned for a four-story, elevator-served apartment community with 67 parking stalls, including 37 covered spaces. R-NM zoning supports multifamily development, and substantial preliminary work has already been completed, including conceptual plans, a feasibility and market study, development budget, surveys, and additional due diligence materials. Convenient access to SR-167, SR-18, Auburn Station, and the future RapidRide I Line provides strong connectivity to major South King County employment and transit hubs, creating an attractive opportunity for developers seeking a well-positioned infill multifamily project.

2583821 MLS ⋅ ACTIVE Status

Auburn 55 presents a compelling 55-unit multifamily development opportunity on approximately 0.92 acres in North Auburn. The generally level infill site is currently planned for a four-story, elevator-served apartment community with 67 parking stalls, including 37 covered spaces. R-NM zoning supports multifamily development, and substantial preliminary work has already been completed, including conceptual plans, a feasibility and market study, development budget, surveys, and additional due diligence materials. Convenient access to SR-167, SR-18, Auburn Station, and the future RapidRide I Line provides strong connectivity to major South King County employment and transit hubs, creating an attractive opportunity for developers seeking a well-positioned infill multifamily project.

2801 I Street NE, Auburn

Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 253-722-9203; ntomar@lee-associates.com

$650,000

Rare development opportunity in West Seattle! This 5,000 sqft vacant lot, zoned LR1 (M), offers a cleared, sloped site with potential for multifamily or single-family development. Previous plans and drawings for a three-unit multifamily/townhome project are available, providing a starting point for exploring development options. Conveniently located near the West Seattle Bridge and Delridge Playfield, enjoy easy access to Downtown Seattle, Alki Beach, local restaurants, cafes, parks, and public transit. Bring your builder, architect, and vision to this well-located West Seattle opportunity.

2584203 MLS ⋅ ACTIVE Status

Rare development opportunity in West Seattle! This 5,000 sqft vacant lot, zoned LR1 (M), offers a cleared, sloped site with potential for multifamily or single-family development. Previous plans and drawings for a three-unit multifamily/townhome project are available, providing a starting point for exploring development options. Conveniently located near the West Seattle Bridge and Delridge Playfield, enjoy easy access to Downtown Seattle, Alki Beach, local restaurants, cafes, parks, and public transit. Bring your builder, architect, and vision to this well-located West Seattle opportunity.

3820 23rd Avenue SW, Seattle

Listing Broker: Keller Williams Seattle Metro; Sean Peterson; 425-350-8298; sean@sweetliving.com

$2,000,000

Westlake Development Site: two contiguous parcels at 1722 and 1726 Dexter Ave N, offered together. Each lot is 4,800 SF, for a combined 9,600 SF site zoned LR3(M). LR3(M) zoning and a floor area ratio of 1.8 support approximately 17,280 gross SF of development. Nearby lowrise sites of similar size and zoning have been developed as townhouse projects. Each lot is improved with a 1918 wood frame single family house (2 bed, 1 bath), both rented month to month, producing $4,600 per month in combined scheduled rent. Tenants pay their own utilities. Month to month tenancies let a buyer control the timing of delivery. Off-street driveway parking and in-unit laundry. The site sits on the east facing slope above Lake Union, giving upper floors of a new building water and territorial views, with Lake Union Park and the Westlake waterfront directly below. Dexter Ave N carries a protected bike lane and frequent bus service to downtown, South Lake Union and Fremont. Seller is open to developer terms, including an extended feasibility period and a closing timed to permitting. The adjacent parcels at 1730 and 1732-1734 Dexter Ave N are under the same ownership and marketed separately. Seller has not permitted or entitled the site; buyer to verify density, floor area, height, setbacks and any environmentally critical area designation with SDCI.

2583599 MLS ⋅ ACTIVE Status

Westlake Development Site: two contiguous parcels at 1722 and 1726 Dexter Ave N, offered together. Each lot is 4,800 SF, for a combined 9,600 SF site zoned LR3(M). LR3(M) zoning and a floor area ratio of 1.8 support approximately 17,280 gross SF of development. Nearby lowrise sites of similar size and zoning have been developed as townhouse projects. Each lot is improved with a 1918 wood frame single family house (2 bed, 1 bath), both rented month to month, producing $4,600 per month in combined scheduled rent. Tenants pay their own utilities. Month to month tenancies let a buyer control the timing of delivery. Off-street driveway parking and in-unit laundry. The site sits on the east facing slope above Lake Union, giving upper floors of a new building water and territorial views, with Lake Union Park and the Westlake waterfront directly below. Dexter Ave N carries a protected bike lane and frequent bus service to downtown, South Lake Union and Fremont. Seller is open to developer terms, including an extended feasibility period and a closing timed to permitting. The adjacent parcels at 1730 and 1732-1734 Dexter Ave N are under the same ownership and marketed separately. Seller has not permitted or entitled the site; buyer to verify density, floor area, height, setbacks and any environmentally critical area designation with SDCI.

1722 Dexter Avenue N, Seattle

Listing Broker: Paragon Real Estate Advisors; Ben Douglas; 206-658-7247; ben@paragonrea.com

$249,000

Development opportunity in Seattle! This 10,739 SqFt (0.247-acre) lot is zoned NC3-55 (M), Head east on S Myrtle St toward Rainier Ave S. Property is located at 4840 S Myrtle St, Seattle, WA 98118. From I-5, take Exit 161 toward Swift Ave S/Albro Pl. Continue onto Swift Ave S, then follow toward S Myrtle St. Seattle Public Schools transit, and major roadways. Buyer to verify zoning, utilities, and development potential with the City of Seattle. offering potential for residential, commercial, or mixed-use development. Conveniently located near shopping,

2581649 MLS ⋅ ACTIVE Status

Development opportunity in Seattle! This 10,739 SqFt (0.247-acre) lot is zoned NC3-55 (M), Head east on S Myrtle St toward Rainier Ave S. Property is located at 4840 S Myrtle St, Seattle, WA 98118. From I-5, take Exit 161 toward Swift Ave S/Albro Pl. Continue onto Swift Ave S, then follow toward S Myrtle St. Seattle Public Schools transit, and major roadways. Buyer to verify zoning, utilities, and development potential with the City of Seattle. offering potential for residential, commercial, or mixed-use development. Conveniently located near shopping,

4840 S Myrtle Street, Seattle

Listing Broker: William E. Johnson; Bill Johnson; 760-760-4320; broker@drslisting.com

$499,000

Renton, 30,325 sq ft Land zoned R8 which is Residential, Multi-family and some other permitted uses like Middle Housing, Adult Family Home, Group home. Your Multifamily project may pencil financially, or this property may be considered by the city for a rezone given the location on the busy road for a gas station, convenience store, drive thru fast food or coffee. Very unique site that may need some creativity. Level and rolling topography, fenced on three sides, Road frontage on NE Sunset Blvd a very busy road. Two tax parcels included in the sale. Sewer is on the SW corner, power, gas, phone, cable are in the street. City water is close by as a developer extension if developing. NO long feasibility studies, priced to sell and the buyer can go through any permitting process. Priced to Sell. SIGN COMING.

2576582 MLS ⋅ ACTIVE Status

Renton, 30,325 sq ft Land zoned R8 which is Residential, Multi-family and some other permitted uses like Middle Housing, Adult Family Home, Group home. Your Multifamily project may pencil financially, or this property may be considered by the city for a rezone given the location on the busy road for a gas station, convenience store, drive thru fast food or coffee. Very unique site that may need some creativity. Level and rolling topography, fenced on three sides, Road frontage on NE Sunset Blvd a very busy road. Two tax parcels included in the sale. Sewer is on the SW corner, power, gas, phone, cable are in the street. City water is close by as a developer extension if developing. NO long feasibility studies, priced to sell and the buyer can go through any permitting process. Priced to Sell. SIGN COMING.

11 XX NE Sunset Boulevard, Renton

Listing Broker: KW Mountains to Sound Realty; David R Knight; ; DavidRKnight@LandmanInc.com

$2,350,000

Positioned steps from the new Rapid Transit stop and walking distance from the Shoreline / 148th Light Rail Station, 1201–1221 NE 145th St presents a rare, mid-rise development site. Encompassing 20,419 SF of net usable land, this site features high-yield MR (M) zoning, ideally suited for a ~100–110 unit residential build or potentially townhomes. Property to be delivered cleared.

2575627 MLS ⋅ ACTIVE Status

Positioned steps from the new Rapid Transit stop and walking distance from the Shoreline / 148th Light Rail Station, 1201–1221 NE 145th St presents a rare, mid-rise development site. Encompassing 20,419 SF of net usable land, this site features high-yield MR (M) zoning, ideally suited for a ~100–110 unit residential build or potentially townhomes. Property to be delivered cleared.

1201 NE 145th Street, Seattle

Listing Broker: Kidder Mathews; Jay Bennett; 425-212-7590; jay.bennett@kidder.com

$850,000

Prime development opportunity in the exceptional Mount Baker neighborhood, centrally located near Downtown Seattle, Light Rail, Lake Washington, parks, shopping, dining, and live entertainment. Value is in the land.

2573946 MLS ⋅ ACTIVE Status

Prime development opportunity in the exceptional Mount Baker neighborhood, centrally located near Downtown Seattle, Light Rail, Lake Washington, parks, shopping, dining, and live entertainment. Value is in the land.

3640 36th Street S, Seattle

Listing Broker: Utopia Management Inc; Tim Cairns; 503-701-0604; tim@utopiarealestate.com

$7,800,000

258 Unit MF-Development. All line items approved for MUP and Full Architectural and Engineering. Close at shovel-ready this spring. Fantastic opportunity for an investor or builder, all the guesswork has been removed. Build a legacy project in this thriving community. For LP or GP investors, we have an amazing team in place with contractors ready to start clearing and grading. For the builders, keep your crews working and start on a well-designed, efficient plan. Great location for workforce or market-rate housing. MFTEs are available, as well as great financing options for affordable builders, non-profits, and market-rate operators. The time is now to step into this exceptional project.

2573461 MLS ⋅ ACTIVE Status

258 Unit MF-Development. All line items approved for MUP and Full Architectural and Engineering. Close at shovel-ready this spring. Fantastic opportunity for an investor or builder, all the guesswork has been removed. Build a legacy project in this thriving community. For LP or GP investors, we have an amazing team in place with contractors ready to start clearing and grading. For the builders, keep your crews working and start on a well-designed, efficient plan. Great location for workforce or market-rate housing. MFTEs are available, as well as great financing options for affordable builders, non-profits, and market-rate operators. The time is now to step into this exceptional project.

5722 35th Avenue S, Seattle

Listing Broker: Coldwell Banker Danforth; Jonah Wilhelm; 206-953-0561; jonah@cbdanforth.com

$6,000,000

A rare high-rise or mid-rise development site with approved MUP in the heart of First Hill. The 10,800 SF lot is zoned High Rise (HR) with an approved MUP for a 8-story, 96-unit multi-family building, including 10 auto stalls and 102 bicycle spaces. With a Walk Score of 98 (“Walker’s Paradise”) and Transit Score of 100 (“Rider’s Paradise”), the location offers unmatched connectivity and urban convenience.Located in First Hill, steps from major hospitals, Seattle University, and downtown’s 340,000+ jobs across tech, finance, retail, and professional services jobs. Excellent transit with buses, the First Hill Streetcar, and future Link Light Rail. One of the last infill opportunities in Seattle’s core with strong walkability, transit, and job access.

2566341 MLS ⋅ ACTIVE Status

A rare high-rise or mid-rise development site with approved MUP in the heart of First Hill. The 10,800 SF lot is zoned High Rise (HR) with an approved MUP for a 8-story, 96-unit multi-family building, including 10 auto stalls and 102 bicycle spaces. With a Walk Score of 98 (“Walker’s Paradise”) and Transit Score of 100 (“Rider’s Paradise”), the location offers unmatched connectivity and urban convenience.Located in First Hill, steps from major hospitals, Seattle University, and downtown’s 340,000+ jobs across tech, finance, retail, and professional services jobs. Excellent transit with buses, the First Hill Streetcar, and future Link Light Rail. One of the last infill opportunities in Seattle’s core with strong walkability, transit, and job access.

815 9th Avenue, Seattle

Listing Broker: WPI Real Estate Services, Inc.; TC Wu; 206-849-8858; tcwu@wpirealestate.com

$1,428,000

Exceptional development opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. The current property includes two buildings (3-unit building and a 10-unit building) with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies for a total of 13-units. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

2566364 MLS ⋅ ACTIVE Status

Exceptional development opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. The current property includes two buildings (3-unit building and a 10-unit building) with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies for a total of 13-units. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

10531 Aurora Avenue N, Seattle

Listing Broker: Real Property Associates; Grecia Thomas; 425-583-6101; gthomas@rpare.com

$1,395,000

ATTENTION BUILDERS, DEVELOPRS & INVESTORS! Don't miss this Rare opportunity to acquire a fully approved and PERMIT-READY 9-townhome development site in the highly desirable Panther Lake community of Kent. Zoned NR-4A, this shovel-ready project includes all City of Kent approved and stamped plans, including site development, civil, architectural, structural, utility, and engineering documents. Construction drawings are complete, allowing a developer to begin site preparation and construction immediately. The project features nine modern three-story townhomes, each offering 1,950+sq.ft of thoughtfully designed with spacious layouts including, 3 bed, 2.5 bath, kitchen with dinning & pantry, office space, laundry, refined living space, storage, patio, deck, car garage & much more. The existing home has already been demolished and removed, saving additional time and costs. Conveniently located with easy access to major freeways, schools, shopping, restaurants, public transportation, parks, and other amenities. ALL THE CONSTRUCTION PERMITS ARE READY TO GO. Exceptional investment opportunity with strong profit potential. The permitted plans are included in the list price.

2560505 MLS ⋅ ACTIVE Status

ATTENTION BUILDERS, DEVELOPRS & INVESTORS! Don't miss this Rare opportunity to acquire a fully approved and PERMIT-READY 9-townhome development site in the highly desirable Panther Lake community of Kent. Zoned NR-4A, this shovel-ready project includes all City of Kent approved and stamped plans, including site development, civil, architectural, structural, utility, and engineering documents. Construction drawings are complete, allowing a developer to begin site preparation and construction immediately. The project features nine modern three-story townhomes, each offering 1,950+sq.ft of thoughtfully designed with spacious layouts including, 3 bed, 2.5 bath, kitchen with dinning & pantry, office space, laundry, refined living space, storage, patio, deck, car garage & much more. The existing home has already been demolished and removed, saving additional time and costs. Conveniently located with easy access to major freeways, schools, shopping, restaurants, public transportation, parks, and other amenities. ALL THE CONSTRUCTION PERMITS ARE READY TO GO. Exceptional investment opportunity with strong profit potential. The permitted plans are included in the list price.

20254 108 Ave SE, Kent

Listing Broker: Skyline Properties, Inc.; Harry Waraich; 253-303-2596; harrywaraich@skylineproperties.com

$975,000

A good location in a popular Ballard neighborhood, this is a flat corner lot with many possibilities to build. NC255' (Neighborhood Commercial) zoning, 50 X 100 lot allows for mixed use, multi family or commercial. On the corner of 11th Ave NW and NW Market Street with good frontage, visibility and easy access. In an area of growth with newer developments happening nearby. This was planned and partially permitted for a four story 45 unit building, but plans changed. A good opportunity for development to build, lease and keep/resell, or owner user to build and operate a business. Owner financing may be an option with a 3-4 year cashout. A good value for the area.

2550852 MLS ⋅ ACTIVE Status

A good location in a popular Ballard neighborhood, this is a flat corner lot with many possibilities to build. NC255' (Neighborhood Commercial) zoning, 50 X 100 lot allows for mixed use, multi family or commercial. On the corner of 11th Ave NW and NW Market Street with good frontage, visibility and easy access. In an area of growth with newer developments happening nearby. This was planned and partially permitted for a four story 45 unit building, but plans changed. A good opportunity for development to build, lease and keep/resell, or owner user to build and operate a business. Owner financing may be an option with a 3-4 year cashout. A good value for the area.

1103 NW Market Street, Seattle

Listing Broker: Windermere Real Estate Co.; Greg Stamolis; 206-789-7700; gstamolis@windermere.com

$5,900,000

Rare 1.77-Acre Riverfront Development Opportunity in Downtown Bothell. This exceptional 1.77-acre vacant parcel is one of the largest — if not the largest — remaining pieces of undeveloped land along the Sammamish River in the heart of downtown Bothell. Perfectly situated right off Highways 405 and 522, the property offers immediate access and high visibility while being just steps from the University of Washington Bothell campus and within 0.5 miles of Bothell City Hall. Its prime location makes it ideal for a variety of residential or mixed-use developments. The site is already entitled for a 32-unit townhome project consisting of four buildings. The thoughtfully designed units range from spacious 2-bedroom, 2-bath to 3-bedroom, 3-bath residences (1,271–1,901 sq ft). Building permits are pending with the City of Bothell, allowing a qualified buyer to move quickly toward construction.

2555135 MLS ⋅ ACTIVE Status

Rare 1.77-Acre Riverfront Development Opportunity in Downtown Bothell. This exceptional 1.77-acre vacant parcel is one of the largest — if not the largest — remaining pieces of undeveloped land along the Sammamish River in the heart of downtown Bothell. Perfectly situated right off Highways 405 and 522, the property offers immediate access and high visibility while being just steps from the University of Washington Bothell campus and within 0.5 miles of Bothell City Hall. Its prime location makes it ideal for a variety of residential or mixed-use developments. The site is already entitled for a 32-unit townhome project consisting of four buildings. The thoughtfully designed units range from spacious 2-bedroom, 2-bath to 3-bedroom, 3-bath residences (1,271–1,901 sq ft). Building permits are pending with the City of Bothell, allowing a qualified buyer to move quickly toward construction.

10235 Woodinville Drive, Bothell

Listing Broker: Groundhog Land Company; Joey Ferrick; 425-524-5399; joey@gh.land

$580,000

ATTENTION!!! INVESTORS, BUILDERS & DEVELOPERS. Shovel-ready corner lot in Kent's Downtown Commercial Enterprise zone, ideally located on James street, next to Showare Center and across from Kent Station. Surrounded by restaurants, grocery stores, retail, with a bus stop next to the property and easy freeway access. Approved for a 4-story mixed-use building: 2 Commercial units on the ground floor and 6 apartments on the floors 2-4, plus a rooftop deck. Total net buildable area is 5683 SF. all engineering and architectural plans - including site, civil, structural, and utilities-are approved and stamped by the City of Kent. Approved plans are included in the list price. Permit is ready-just start building. Old house has been demolished and removed. Owner Financing available.

2546656 MLS ⋅ ACTIVE Status

ATTENTION!!! INVESTORS, BUILDERS & DEVELOPERS. Shovel-ready corner lot in Kent's Downtown Commercial Enterprise zone, ideally located on James street, next to Showare Center and across from Kent Station. Surrounded by restaurants, grocery stores, retail, with a bus stop next to the property and easy freeway access. Approved for a 4-story mixed-use building: 2 Commercial units on the ground floor and 6 apartments on the floors 2-4, plus a rooftop deck. Total net buildable area is 5683 SF. all engineering and architectural plans - including site, civil, structural, and utilities-are approved and stamped by the City of Kent. Approved plans are included in the list price. Permit is ready-just start building. Old house has been demolished and removed. Owner Financing available.

525 W James Street, Kent

Listing Broker: Skyline Properties, Inc.; Quang Tran; 206-898-9655; quang.tran@comcast.net

$4,950,000

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.

2549382 MLS ⋅ ACTIVE Status

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.

4722 - 4730 15th Avenue NE, Seattle

Listing Broker: Best Choice Realty LLC; Sherry Zuo; 206-251-4553; songyizuo@yahoo.com

$1,150,000

Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

2549317 MLS ⋅ ACTIVE Status

Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

118 27th Avenue S, Seattle

Listing Broker: Keller Williams Realty Bothell; Erica Alexei; 425-395-9292; erica.alexei@outlook.com

$1,750,000

For Sale: Prime Development Opportunity! This SeaTac site was previously approved for 26 townhouses, and the seller will provide all prior permits and documentation. Located in a key hub of the Puget Sound economy, SeaTac is home to Washington’s largest international airport and is perfectly positioned between Seattle and Tacoma – the state's top commercial hubs. Just a 12-minute walk or 4-minute drive to the Tukwila Light Rail Station, offering quick, affordable access for commuters to both cities. This is your chance to develop in a high-demand, centrally-located area!

2545212 MLS ⋅ ACTIVE Status

For Sale: Prime Development Opportunity! This SeaTac site was previously approved for 26 townhouses, and the seller will provide all prior permits and documentation. Located in a key hub of the Puget Sound economy, SeaTac is home to Washington’s largest international airport and is perfectly positioned between Seattle and Tacoma – the state's top commercial hubs. Just a 12-minute walk or 4-minute drive to the Tukwila Light Rail Station, offering quick, affordable access for commuters to both cities. This is your chance to develop in a high-demand, centrally-located area!

2857 S 152nd Street, SeaTac

Listing Broker: Dulay Homes LLC; Ramanjot Singh; 206-503-9880; ramanjot@dulayhomes.com

$1,200,000

Great location!!! Rare opportunity to build NEW Townhomes/Condos. Multi-Family Zoned for Townhomes/Condos highest & best use with 40’ foot height restriction. Per City of Bellevue a possibility to build more than 2 units, buyer to do their own due diligence with the City of Bellevue. Existing duplex is occupied and tenants are MTM. Do NOT disturb tenants. Level property. Gas, electric, water & sewer already connected on property for 2 units in essence saving $$$$$ in connect fees. Stable soil. Property sits in Cul-De-Sac, quiet dead end street. Close to schools, Bellevue College, shopping, I-90, I-405, downtown Bellevue and light rail. Selling in “As Is” condition and seller will do no repairs.

2536185 MLS ⋅ ACTIVE Status

Great location!!! Rare opportunity to build NEW Townhomes/Condos. Multi-Family Zoned for Townhomes/Condos highest & best use with 40’ foot height restriction. Per City of Bellevue a possibility to build more than 2 units, buyer to do their own due diligence with the City of Bellevue. Existing duplex is occupied and tenants are MTM. Do NOT disturb tenants. Level property. Gas, electric, water & sewer already connected on property for 2 units in essence saving $$$$$ in connect fees. Stable soil. Property sits in Cul-De-Sac, quiet dead end street. Close to schools, Bellevue College, shopping, I-90, I-405, downtown Bellevue and light rail. Selling in “As Is” condition and seller will do no repairs.

910 142nd Avenue SE, Bellevue

Listing Broker: Skyline Properties, Inc.; Rhonda Roth; 206-948-4329; rhonda@rhondaroth.com

$2,150,000

Exceptional Newcastle development opportunity offering 27,635 square feet of prime land just minutes from Bellevue, Coal Creek, and the Eastside. Development sites of this scale and location are increasingly difficult to find, this property offers a unique chance to create much-needed housing in one of the Puget Sound region's strongest real estate markets. The current owner has completed extensive preliminary planning, including a detailed site plan and feasibility study featuring 27 townhome residences averaging approximately 1,680 square feet each, situated above a structured parking garage with 33 parking stalls and complemented by a 4,500-square-foot retail/commercial space. The proposed mixed-use concept creates the potential for a vibrant live-work environment while maximizing the site's development potential. Flexible zoning provides the opportunity to pursue a flexible vision and permitting strategy, whether advancing the existing concept or exploring alternative development scenarios. Surrounded by strong demographics, excellent schools, major employers, shopping, dining, parks, and convenient access to Bellevue, Seattle, and regional transportation corridors, the location offers compelling fundamentals for long-term success. Property shares the same address as the Newcastle Library. The parcel being offered for sale is located behind the library.

2535325 MLS ⋅ ACTIVE Status

Exceptional Newcastle development opportunity offering 27,635 square feet of prime land just minutes from Bellevue, Coal Creek, and the Eastside. Development sites of this scale and location are increasingly difficult to find, this property offers a unique chance to create much-needed housing in one of the Puget Sound region's strongest real estate markets. The current owner has completed extensive preliminary planning, including a detailed site plan and feasibility study featuring 27 townhome residences averaging approximately 1,680 square feet each, situated above a structured parking garage with 33 parking stalls and complemented by a 4,500-square-foot retail/commercial space. The proposed mixed-use concept creates the potential for a vibrant live-work environment while maximizing the site's development potential. Flexible zoning provides the opportunity to pursue a flexible vision and permitting strategy, whether advancing the existing concept or exploring alternative development scenarios. Surrounded by strong demographics, excellent schools, major employers, shopping, dining, parks, and convenient access to Bellevue, Seattle, and regional transportation corridors, the location offers compelling fundamentals for long-term success. Property shares the same address as the Newcastle Library. The parcel being offered for sale is located behind the library.

12901 Newcastle Way, Newcastle

Listing Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com

$899,000

Property is sold as is, currently zoned as Multi-family, presently can be used as recreational only prior to clearance from WDNR, however the Lakehills Driving on I90, take Exit 11 to 148th Ave SE . Follow to 148th Avenue NE & NE 6th Street. Take a Right on NE 6th and entrance is city of Bellevue does list the property as buildable with utilities at the property line (Water & Power). No Feasability assessments have been done or will be done by the seller, caveat emptor buyer will be responsible for ALL Assessments.

2532708 MLS ⋅ ACTIVE Status

Property is sold as is, currently zoned as Multi-family, presently can be used as recreational only prior to clearance from WDNR, however the Lakehills Driving on I90, take Exit 11 to 148th Ave SE . Follow to 148th Avenue NE & NE 6th Street. Take a Right on NE 6th and entrance is city of Bellevue does list the property as buildable with utilities at the property line (Water & Power). No Feasability assessments have been done or will be done by the seller, caveat emptor buyer will be responsible for ALL Assessments.

539 148th Street NE, Bellevue

Listing Broker: William E. Johnson; Bill Johnson; 760-760-4320; broker@drslisting.com

$1,400,000

Prime corner lot development opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. This 3,600 SF corner parcel is zoned LR2(M), unlocking increased height and density potential beyond standard LR2. The Mandatory Housing Affordability designation allows for up to 40-foot building height and 1.6 FAR — meaning up to approximately 5,760 buildable square feet — in exchange for an affordable housing contribution or on-site inclusion requirement. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional utility for parking, services, and building ingress. New multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation. Located within walking distance of Swedish Hospital Cherry Hill, Seattle University (0.6 miles), and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for future tenants. Buyer to verify all zoning, permitting, and development feasibility with the City of Seattle SDCI

2530638 MLS ⋅ ACTIVE Status

Prime corner lot development opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. This 3,600 SF corner parcel is zoned LR2(M), unlocking increased height and density potential beyond standard LR2. The Mandatory Housing Affordability designation allows for up to 40-foot building height and 1.6 FAR — meaning up to approximately 5,760 buildable square feet — in exchange for an affordable housing contribution or on-site inclusion requirement. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional utility for parking, services, and building ingress. New multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation. Located within walking distance of Swedish Hospital Cherry Hill, Seattle University (0.6 miles), and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for future tenants. Buyer to verify all zoning, permitting, and development feasibility with the City of Seattle SDCI

601 21st Avenue, Seattle

Listing Broker: Asay Realty; Trevor Asay; 206-653-4555; trevor@asayrealty.com

$1,295,000

Development opportunity in the Cental Disteict Zoned NC1-40 (M1). This prominent corner lot at 22nd Ave & E Cherry offers strong potential for a mixed use development in one of the city’s most dynamic urban neighborhoods. Ideally positioned just minutes from downtown Seattle, Capitol Hill, and Madison Valley.The property benefits from excellent walkability, transit access, and proximity to key neighborhood amenities. Nearby destinations include Garfield High School, Chuck’s Hop Shop, and the Northwest African American Museum. Tenant is tiny homes - Low Income Housing Institue of Seattle and the lease expires on Dec 31 2026

2529045 MLS ⋅ ACTIVE Status

Development opportunity in the Cental Disteict Zoned NC1-40 (M1). This prominent corner lot at 22nd Ave & E Cherry offers strong potential for a mixed use development in one of the city’s most dynamic urban neighborhoods. Ideally positioned just minutes from downtown Seattle, Capitol Hill, and Madison Valley.The property benefits from excellent walkability, transit access, and proximity to key neighborhood amenities. Nearby destinations include Garfield High School, Chuck’s Hop Shop, and the Northwest African American Museum. Tenant is tiny homes - Low Income Housing Institue of Seattle and the lease expires on Dec 31 2026

612 22nd Avenue, Seattle

Listing Broker: RE/MAX Northwest; Ricky L. Mouw; 360-920-7053; remaxrik@gmail.com

$799,999

Prime Development Opportunity – LR1 (M) Zoning | Value in Land Attention builders, investors, and developers—exceptional opportunity in West Seattle! This ~7,650 sq ft lot is zoned LR1 (M), offering strong potential for townhouse-style development or multiple-unit construction (buyer to verify). The existing structure is a complete teardown and is being sold strictly as-is. The true value is in the land and the favorable zoning, making this an ideal site for your next project. Located in a desirable and rapidly evolving area, the property is surrounded by residential growth and new construction. Convenient access to major commuter routes, local amenities, and West Seattle hotspots enhances long-term value and marketability. Whether you’re looking to develop now or hold as a strategic investment, this is a rare opportunity to capitalize on LR1 zoning in a high-demand Seattle location. Bring your plans and vision—opportunities like this are becoming increasingly scarce!

2526266 MLS ⋅ ACTIVE Status

Prime Development Opportunity – LR1 (M) Zoning | Value in Land Attention builders, investors, and developers—exceptional opportunity in West Seattle! This ~7,650 sq ft lot is zoned LR1 (M), offering strong potential for townhouse-style development or multiple-unit construction (buyer to verify). The existing structure is a complete teardown and is being sold strictly as-is. The true value is in the land and the favorable zoning, making this an ideal site for your next project. Located in a desirable and rapidly evolving area, the property is surrounded by residential growth and new construction. Convenient access to major commuter routes, local amenities, and West Seattle hotspots enhances long-term value and marketability. Whether you’re looking to develop now or hold as a strategic investment, this is a rare opportunity to capitalize on LR1 zoning in a high-demand Seattle location. Bring your plans and vision—opportunities like this are becoming increasingly scarce!

2816 SW Dakota Street, Seattle

Listing Broker: HomeSmart Real Estate Assoc; Vincent Mason; 206-683-7367; vincent@vincentmason.com

$1,900,000

Western Parcel offers a rare opportunity to develop an 88-unit multifamily project in one of Seattle’s most connected and rapidly growing neighborhoods. The project has successfully completed Early Design Guidance, allowing the next owner to move efficiently toward permitting and construction. Located at the intersection of Columbia City, Hillman City, and Beacon Hill, the site benefits from a vibrant and culturally rich community known for its diverse dining, retail, arts, and entertainment options. The neighborhood’s strong identity and growing demand for housing continue to attract residents seeking an authentic urban lifestyle. The property is ideally positioned just two blocks from the future South Graham Street Light Rail Station, providing direct access to Downtown Seattle, Sea-Tac Airport, and the greater Puget Sound region. The site also offers convenient access to major bus routes and transportation corridors, supporting a highly walkable and transit-oriented living experience. Surrounded by parks, schools, employment centers, and daily amenities, Western Parcel is well suited for a modern residential development that combines urban accessibility with neighborhood character. The project may also qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program, enhancing long-term investment potential.

2521654 MLS ⋅ ACTIVE Status

Western Parcel offers a rare opportunity to develop an 88-unit multifamily project in one of Seattle’s most connected and rapidly growing neighborhoods. The project has successfully completed Early Design Guidance, allowing the next owner to move efficiently toward permitting and construction. Located at the intersection of Columbia City, Hillman City, and Beacon Hill, the site benefits from a vibrant and culturally rich community known for its diverse dining, retail, arts, and entertainment options. The neighborhood’s strong identity and growing demand for housing continue to attract residents seeking an authentic urban lifestyle. The property is ideally positioned just two blocks from the future South Graham Street Light Rail Station, providing direct access to Downtown Seattle, Sea-Tac Airport, and the greater Puget Sound region. The site also offers convenient access to major bus routes and transportation corridors, supporting a highly walkable and transit-oriented living experience. Surrounded by parks, schools, employment centers, and daily amenities, Western Parcel is well suited for a modern residential development that combines urban accessibility with neighborhood character. The project may also qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program, enhancing long-term investment potential.

5721 35th Avenue S, Seattle

Listing Broker: eXp Realty; Charity Hill; 360-620-7244; chillrealestate@comcast.net

$1,100,000

Great Retail Lot. Buyer to verify exactly what is needed for 3 staggered levels of parking below the street level, 65' of residential units some with a great Sound and Mountain view too! Sewer is at the lower edge of property line on 16th Ave S. Also accessible on 16th Ave S(30' gravel road). Electricity, water and gas are on the property. Seller will consider owner financing terms!!!

2512896 MLS ⋅ ACTIVE Status

Great Retail Lot. Buyer to verify exactly what is needed for 3 staggered levels of parking below the street level, 65' of residential units some with a great Sound and Mountain view too! Sewer is at the lower edge of property line on 16th Ave S. Also accessible on 16th Ave S(30' gravel road). Electricity, water and gas are on the property. Seller will consider owner financing terms!!!

29223 S Pacific Highway S, Federal Way

Listing Broker: Better Properties UP/Fircrest; Marina Nordberg; 253-888-0001; mvolenko@gmail.com

$199,999

Rare opportunity to acquire an affordable and buildable 9,000 sqft lot on the best block in South Park. Steps away from the waterfront parks and the South Park business district. Georgetown, White Center, Burien, and Beacon Hill are just a short drive away. Build either up to 5 townhomes or a custom SFR home on a large lot. Previous plans were approved for a 5-unit townhome development. Utilize street parking to avoid building in the ECA. Studies are available.

2488693 MLS ⋅ ACTIVE Status

Rare opportunity to acquire an affordable and buildable 9,000 sqft lot on the best block in South Park. Steps away from the waterfront parks and the South Park business district. Georgetown, White Center, Burien, and Beacon Hill are just a short drive away. Build either up to 5 townhomes or a custom SFR home on a large lot. Previous plans were approved for a 5-unit townhome development. Utilize street parking to avoid building in the ECA. Studies are available.

532 S Concord Street, Seattle

Listing Broker: Providencia; Will Woodburn; 425-998-9887; will.woodburn@providencia.com

$200,000

Great opportunity to develop this 4,787 square foot lot on North Beacon Hill. This property is zoned LR2 and is located in an opportunity zone. Potential to build custom homes with views of the mountains. Good location with quick access to I-90 and I-5. Seller has completed no studies on this property. Buyers to do their own feasibility and due diligence.

2486699 MLS ⋅ ACTIVE Status

Great opportunity to develop this 4,787 square foot lot on North Beacon Hill. This property is zoned LR2 and is located in an opportunity zone. Potential to build custom homes with views of the mountains. Good location with quick access to I-90 and I-5. Seller has completed no studies on this property. Buyers to do their own feasibility and due diligence.

132 X 16th Avenue S, Seattle

Listing Broker: KW Greater Seattle; Richard C. Buchanan; 206-459-7243; Rich@KendraToddGroup.com