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Corner Development Site
For Sale
Contact for pricing
Pending

11721 15th Ave NE, Seattle, WA 98125

Corner lot zoned LR3-RC (M) with feasibility-study capacity for up to 67,000 sf development.

Property SizeContact for details
Lot Size0.70 Acres
Days on Market121

Property Features for 11721 15th Ave NE

General Information

Standard status Pending
Lot size 0.70 Acres
Property subtype Retail, Land
Zoning LR3-RC (M)
Listing Agency: North Seattle-Home Realty
Listed By: Peder Nielsen · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:39PM

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 North Seattle-Home Realty

Investment Insights

Based on property information with market context.

This corner development site is zoned LR3-RC (M) and was evaluated in a feasibility study allowing up to 67,000 sf. The lot size is listed as 30,662 sf, making it suitable for apartment, condo, or townhome development. The property is currently occupied by a month-to-month tenant.

The site is situated on the “Northgate Neighborhood Greenway,” with direct bike lane access to the NEW Northgate Center. It is also described as being close to NHL’s $80 million training facility, with the NHL HQ opening in 2021.

Prospective developers can review the provided feasibility parameters and zoning framework as they plan for an LR3-RC (M) project on this corner parcel.

Key Highlights

  • Corner lot with zoning LR3‑RC (M)
  • Feasibility study indicates capacity for up to 67,000 SF development
  • 30,662 SF lot size

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Electrical Service Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Storage Facility

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

967
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

Market

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner lot zoned LR3-RC (M) with feasibility-study capacity for up to 67,000 sf development.
Where is this residential land & home lot located?
The property is located at 11721 15th Ave NE Seattle, WA.
What are key features of this property?
This property features: Corner lot with zoning LR3‑RC (M); Feasibility study indicates capacity for up to 67,000 SF development; 30,662 SF lot size
More about this property
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