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    13249 12Th Ave SW Burien Seattle, WA 98146

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    For Sale
    $6,000,000

    9.58-acre multifamily development site in Burien, WA.

    Property size:
    417,305 SF

    Property Features for 13249 12Th Ave SW Burien

    General Information

    Standard status
    Active
    Size
    417,305 SF

    Building Details

    Year built
    1946

    Source: COMMERCIAL ADVISOR Agent GREGORY JOHNSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Emerald Pointe Multifamily Development Opportunity

    The Emerald Pointe Multi-Family development is a 9.58-acre site positioned for developers to create a multifamily community in Burien, WA. The location is intended to capitalize on the area's growing population, housing demand, and connectivity to major employment hubs. The site is located at 13249 12th Ave. SW, Burien, WA 98146. The current zoning is R4 (Medium-Density Residential). The lot size is 417,513 square feet. The height allowance is 35 feet, with an affordable housing density bonus up to 45 feet. Existing improvements include partial land clearing and grading. The site is positioned to become a key asset in the region’s housing landscape.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3189698
    Latitude
    47.483541

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    FAQs

    What type of property is this?
    Residential land & home lot - 9.58-acre multifamily development site in Burien, WA.
    Where is this residential land & home lot located?
    The property is located at 13249 12Th Ave SW Burien Seattle, WA.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - 9.58-acre site ideal for a transformative multifamily development in Burien, WA.; - Prime location capitalizing on Burien's growing population and housing demand.; - Flexible R4 zoning (Medium-Density Residential) allows for diverse development options.
    Request Owner's contact information
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    Seattle, WA 98146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13249 12Th Ave SW Burien Seattle, WA 98146
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