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    8422 Rainier Ave S Seattle, WA 98118

    For Sale
    $795,000

    Land with NC2-55 zoning near light rail and downtown Seattle.

    Property Features for 8422 Rainier Ave S

    General Information

    Standard status
    Active

    Source: TERRY WISE & ASSOCIATES Agent JEFFREY MCCANN

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

    Overview

    Rainier Avenue Investment Opportunity

    This property presents an investment opportunity with NC2-55 zoning. It is located within walking distance of Rainer Beach High School and a few blocks from the Light Link Rail. The location offers convenient access to Colombia City and Downtown Seattle. The property comprises four parcels: 8422, 8424, and 8428 Rainier Ave S, and 5142 S Cloverdale Seattle. Studies are available for the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -122.2693914
    Latitude
    47.5277147

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    FAQs

    What type of property is this?
    Commercial land - Land with NC2-55 zoning near light rail and downtown Seattle.
    Where is this commercial land located?
    The property is located at 8422 Rainier Ave S Seattle, WA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Great Investment Opportunity with NC2-55 zoning.; - Includes four parcels.; - Walking distance from Rainer Beach High School.
    Request Owner's contact information
    8422 Rainier Ave S Seattle, WA 98118
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    Seattle, WA 98118
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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
    8422 Rainier Ave S Seattle, WA 98118
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