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Commercial Land with Development Plans
For Sale
$3,290,000

1040 South King Street, Seattle, WA 98104

Flat, paved urban site with architectural design and permitting underway.

Property SizeContact for details
Days on Market165

Property Features for 1040 South King Street

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $14,634

Amenities

0, 0, 0, 0
No
Paved
Listing Agency: MY International Real Estate
Listed By: Joy Zhang · License #137931
Source: Compass
Added: Mar 20 Changed: Aug 30 Last Checked: Aug 30 at 11:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MY International Real Estate

Investment Insights

Based on property information with market context.

This flat, paved development site encompasses 6,000 SF at 1040 South King Street in Seattle’s International District. Architectural design and the permit process are underway. The property is zoned DMR/C 75/75-95, and the current planning concept contemplates an 8-story, 51-unit mixed-use project with approximately 40,756 SF of gross floor area, subject to design and city approval.

The site is positioned near established retail, dining, and cultural destinations, with light rail access steps away and downtown Seattle connections nearby. Lumen Field is 0.8 miles from the property. Upper-level residences may have mountain and water views, subject to final design and approval.

Key Highlights

  • 6,000 SF flat, paved development site
  • DMR/C 75/75‑95 zoning
  • Concept for an 8‑story, 51‑unit mixed‑use project

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Auto Parts Store Tanning Salon Butcher Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,747
Businesses Nearby

Demographics for 98104, WA

16,157
Population
10,803
Households
1.5
Avg Household Size
38
Median Age
45%
College-Educated
83%
High-School Grad
0.9 sq mi
ZIP Area
17,952
Density / Sq Mi
$61,866
Median Household Income
$57,791
Median Earnings
$1,511
Median Rent
$663,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Flat, paved urban site with architectural design and permitting underway.
Where is this commercial land located?
The property is located at 1040 South King Street Seattle, WA.
What is the asking price?
The asking price for this property is $3,290,000.
What are key features of this property?
This property features: 6,000 SF flat, paved development site; DMR/C 75/75‑95 zoning; Concept for an 8‑story, 51‑unit mixed‑use project
More about this property
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