Meadowbrook Development Site
10400 10504 Lake City Way NE, Seattle, WA 98125
Prime development site near Meadowbrook Playfield and Community Center.
Lot size:
1.01 Acres- Added:
- Mar 10, 2026
- Days on Market:
- 64
- Last Refresh:
- Mar 16 at 11:10 am
Property Features for 10400 10504 Lake City Way NE
General Information
- Standard status
- Active
- Lot size
- 1.01 Acres
Listing agent CHAD MICHAEL MARTINI
Listing office WESTLAKE ASSOCIATES, INC. (206) 505-9400
Listing date Mar 10, 2026
Source Corcoran
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.
HighLights
- Prime development site totaling approximately 43,957 sq ft in Meadowbrook.
- NC3‑55 (M) zoning allows for diverse development options including townhomes, apartments, retail, or commercial spaces.
- Potential for ~164,839 sq ft of allowable building area (3.75 FAR) with a 55‑foot height limit.
- Sweeping eastern views of Meadowbrook Playfield, Lake Washington, and the Cascade Mountains.
- Highly visible corner location on Lake City Way NE with high traffic exposure.
- Close proximity to Northgate light rail, I‑5, and everyday conveniences.
Overview
This Meadowbrook development site consists of three parcels totaling approximately 43,957 square feet. The site is zoned NC3-55 (M), which allows for a 55-foot height limit and a 3.75 base FAR, potentially enabling the construction of efficient 5-story mixed-use structures. The zoning may allow for approximately 164,839 square feet. The site is positioned for value creation through townhomes, rowhouses, apartments, ground-floor retail/commercial spaces, or a storage facility. Other potential uses include a construction yard. The property benefits from high visibility and traffic due to its corner location on Lake City Way NE, a major arterial. It is adjacent to Meadowbrook Playfield and Community Center. Preliminary analysis suggests the site could accommodate approximately 40 townhomes with covered parking or over 200 multifamily units in a mixed-use format. The location offers eastern views over the playfield, Lake Washington, and the Cascade Mountains. The property is located in one of North Seattle’s neighborhoods and is near the Northgate light rail and I-5.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3011418
- Latitude
- 47.7042815
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Prime development site near Meadowbrook Playfield and Community Center.
Where is this commercial land located?
The property is located at 10400 10504 Lake City Way NE 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: Prime development site totaling approximately 43,957 sq ft in Meadowbrook.; NC3‑55 (M) zoning allows for diverse development options including townhomes, apartments, retail, or commercial spaces.; Potential for ~164,839 sq ft of allowable building area (3.75 FAR) with a 55‑foot height limit.
