Corner Development Land
For Sale
$2,750,000
10400-10504 Lake City Way Northeast, Seattle, WA 98125
Three-parcel commercial land site zoned NC3-55(M) with a 55-foot height limit and mixed-use development flexibility.
Property SizeContact for details
Days on Market173
Property Features for 10400-10504 Lake City Way Northeast
General Information
Standard status
Active
Property subtype
Land
Amenities
0, 0, 0, 0
No
Brush,Evergreens,Partially Cleared
Paved
Listing Agency:
Westlake Associates, Inc.
(206) 321-3226
Listed By:
Chad Michael Martini · License #118627
(206) 321-3226
Source:
Compass
Added: Mar 1
Changed: Aug 14
Last Checked: Aug 14 at 7:42AM
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 Westlake Associates, Inc.
Investment Insights
Based on property information with market context.
This offering includes three parcels of commercial land totaling approximately 43,957 square feet, located on the east side of Lake City Way NE. The site is zoned NC3-55 (M) and is described as allowing a 55-foot height limit and a 3.75 base FAR (Buyer to verify), supporting efficient multi-story mixed-use structures. The property is positioned for a range of development concepts including townhomes, rowhouses, apartments, ground-floor retail/commercial, and storage facility, as well as construction yard uses.
The remarks note a highly visible, high-traffic corner location with exposure along a major arterial. The site is immediately adjacent to Meadowbrook Playfield and Community Center, and the views described include the playfield, Lake Washington, and the Cascade Mountains.
Preliminary analysis cited in the marketing materials suggests potential for approximately 40 townhomes with covered parking or 200+ multifamily units in a mixed-use format. The remarks also state proximity to operational Northgate light rail and I-5, along with everyday conveniences.
The remarks note a highly visible, high-traffic corner location with exposure along a major arterial. The site is immediately adjacent to Meadowbrook Playfield and Community Center, and the views described include the playfield, Lake Washington, and the Cascade Mountains.
Preliminary analysis cited in the marketing materials suggests potential for approximately 40 townhomes with covered parking or 200+ multifamily units in a mixed-use format. The remarks also state proximity to operational Northgate light rail and I-5, along with everyday conveniences.
Key Highlights
- Three‑parcel development site on Lake City Way NE totaling approx. 43,957 SF
- Zoned NC3‑55 (M) with a 55‑foot height limit and 3.75 base FAR (~164,839 SF allowable, buyer to verify)
- Supports mixed‑use development such as townhomes, rowhouses, apartments, and ground‑floor retail/commercial (buyer to verify)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 98125, WA
42,965
Population
21,493
Households
2
Avg Household Size
37
Median Age
61%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
7,956
Density / Sq Mi
$96,725
Median Household Income
$61,552
Median Earnings
$1,856
Median Rent
$844,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Three-parcel commercial land site zoned NC3-55(M) with a 55-foot height limit and mixed-use development flexibility.
Where is this commercial land located?
The property is located at 10400-10504 Lake City Way Northeast Seattle, WA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Three‑parcel development site on Lake City Way NE totaling approx. 43,957 SF; Zoned NC3‑55 (M) with a 55‑foot height limit and 3.75 base FAR (~164,839 SF allowable, buyer to verify); Supports mixed‑use development such as townhomes, rowhouses, apartments, and ground‑floor retail/commercial (buyer to verify)
