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About the Listing 2735 - 85864,111891
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.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Vacant Land
MLS ®
2549382
Year Built
Total Square Footage
0
Lot/Acreage
0.3
County
King
Neighborhood
University District
Area
710 - North Seattle
School District
Seattle
Elementary School
Laurelhurst
Middle School
Eckstein Middle
High School
Roosevelt High
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Available
Exterior Details
- Lot Description: Zoning: Commercial,Multi-Family,See Remarks
- Garage Capacity: N/A
- Zoning: Commercial,Multi-Family,See Remarks
- Roof:
- Others:
- Sewer: Available
Financial Details
- Tax Amount: $46,368
- Taxes w/Assessments: N/A
- Tax/Property ID: 8823902160
- Tax Year: 2023
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
4722 - 4730 15th Ave NE Seattle, WA 98105
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