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Northgate Development Site For Sale
For Sale
$4,900,000

11001 Roosevelt Way NE, Seattle, WA 98125

17,424 SF development site in the Northgate community.

Property Size17,424 SF
Lot Size0.40 Acres
Price / SF$281.22
Days on Market207

Property Features for 11001 Roosevelt Way NE

General Information

Standard status Active
Size 17,424 SF
Lot size 0.40 Acres
Property subtype Land
Listing Agency: NAI Puget Sound Properties
Listed By: Wyk Parker · License #873009985
Source: Naiglobal
Added: Jan 27 Changed: Aug 13 Last Checked: Aug 22 at 4:14AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

Located in the thriving Northgate community, this 17,424 SF development site is an excellent opportunity. The property has flexible NC3-55 (M) zoning allowing a wide variety of uses, including retail, multi-family, office, and hotel. The desirable corner parcel is vacant and cleared with flat topography, making the property excellent for development. The property benefits from a highly visible corner at the intersection of Northeast Northgate Way and Roosevelt Way Northeast, connecting Interstate 5 and SR-522 (Lake City Way Northeast). The location is ideal, situated 0.9 miles from the Northgate Station Light Rail and Bus Transit Center. The property is in the Northgate submarket, an urban area with plentiful amenities. Located 7 miles northeast from Downtown Seattle, the property has easy access to SR-522 and to I-5. Over 28,000 cars pass by the site every day. The property has approximately 289 feet of frontage on Northeast Northgate Way and Roosevelt Way Northeast. The area is zoned to allow a larger pedestrian-oriented shopping district serving the surrounding neighborhood and a larger community, citywide and regional clientele. Building types are single-purpose commercial structures, multi-story mixed use and residential structures.

Key Highlights

  • Flexible NC3‑55 (M) zoning allows for diverse development options.
  • High‑visibility corner location with 289 feet of frontage and over 28,000 vehicles passing daily.
  • Vacant, cleared 17,424 SF site with flat topography, ready for immediate development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Garden Center Carpet & Flooring Store Electrical Service

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

1,919
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 17,424 SF development site in the Northgate community.
Where is this commercial land located?
The property is located at 11001 Roosevelt Way NE Seattle, WA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Flexible NC3‑55 (M) zoning allows for diverse development options.; High‑visibility corner location with 289 feet of frontage and over 28,000 vehicles passing daily.; Vacant, cleared 17,424 SF site with flat topography, ready for immediate development.
More about this property
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