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    413 Minor Ave N Seattle, WA 98109

    For Sale
    $1,600,000

    Multifamily development site in South Lake Union area.

    Property size:
    3,600 SF

    Property Features for 413 Minor Ave N

    General Information

    Standard status
    Active
    Size
    3,600 SF

    Source: NAI PUGET SOUND PROPERTIES Agent WYK PARKER

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

    Overview

    South Lake Union Development Site

    This vacant land, situated in the South Lake Union area, presents a development opportunity. The site encompasses an area of 3,600 square feet and is zoned SM-SLU/R65/95, which allows for a variety of uses including residential, office, and retail. All utilities are available to the property, facilitating ease of development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.333264
    Latitude
    47.6224267

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    FAQs

    What type of property is this?
    Commercial land - Multifamily development site in South Lake Union area.
    Where is this commercial land located?
    The property is located at 413 Minor Ave N Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime South Lake Union development site.; - Multifamily development opportunity.; - Vacant land ready for development with all utilities.
    Request Owner's contact information
    413 Minor Ave N Seattle, WA 98109
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    Seattle, WA 98109
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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
    413 Minor Ave N Seattle, WA 98109
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