Commercial Land Development
For Sale
$1,750,000
10400 10504 Lake City Way NE, Seattle, WA 98125
Three-parcel corner assemblage with NC3-55 (M) zoning and proximity to Meadowbrook Playfield and Community Center.
Property SizeContact for details
Days on Market81
Property Features for 10400 10504 Lake City Way NE
General Information
Standard status
Active
Property subtype
Land/Lot
Listing Agency:
Westlake Associates, Inc.
Listed By:
David W Petersen · License #7352
(206) 623-8880
Source:
Pierceandkingcountyhouses
Added: Jun 25
Changed: Sep 2
Last Checked: Sep 13 at 12:24PM
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 commercial land assemblage includes three parcels on the east side of Lake City Way NE in Seattle, totaling approximately 43,957 square feet. The property is zoned NC3-55 (M), with a stated 55-foot height limit and 3.75 base FAR, representing approximately 164,839 square feet of allowable area, subject to buyer verification.
Preliminary analysis supports a range of development concepts, including approximately 40 townhomes or more than 200 multifamily units in a mixed-use format. The source also identifies potential for rowhouses, apartments, ground-floor retail or commercial space, storage, and a construction yard. The site is described as a corner location along a major arterial and sits immediately adjacent to Meadowbrook Playfield and Community Center.
Additional context includes eastern views over the playfield, Lake Washington, and the Cascade Mountains, along with proximity to operational Northgate light rail and I-5.
Preliminary analysis supports a range of development concepts, including approximately 40 townhomes or more than 200 multifamily units in a mixed-use format. The source also identifies potential for rowhouses, apartments, ground-floor retail or commercial space, storage, and a construction yard. The site is described as a corner location along a major arterial and sits immediately adjacent to Meadowbrook Playfield and Community Center.
Additional context includes eastern views over the playfield, Lake Washington, and the Cascade Mountains, along with proximity to operational Northgate light rail and I-5.
Key Highlights
- Three parcels totaling approximately 43,957 square feet
- NC3‑55 (M) zoning with a 55‑foot height limit
- 3.75 base FAR; approximately 164,839 square feet allowable, buyer to verify
Property Analytics
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Open Analytics
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Three-parcel corner assemblage with NC3-55 (M) zoning and proximity to 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 $1,750,000.
What are key features of this property?
This property features: Three parcels totaling approximately 43,957 square feet; NC3‑55 (M) zoning with a 55‑foot height limit; 3.75 base FAR; approximately 164,839 square feet allowable, buyer to verify
