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    2603 3Rd Ave Seattle, WA 98119

    For Sale
    Contact for pricing

    Development-ready site in prime Seattle location near key landmarks.

    Lot size:
    0.32 Acres

    Property Features for 2603 3Rd Ave

    General Information

    Lot size
    0.32 Acres

    Source: Lux Development Consulting LLC Agent Micka Pierre

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

    Overview

    Development Opportunity in Seattle's Core

    Located in Seattle's Belltown neighborhood, 2603 3rd Avenue presents a development opportunity. The site is positioned steps from Pike Place, the Space Needle, and Amazon HQ. The property has a Walk Score of 98. The zoning is DMR/R 240/65. The site is suitable for delivering 100+ luxury residences. Future light rail access is planned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Amazon Hub Locker ... Mailing Service Hoda Ibrahim, PharmD Pharmacy higi Health Consultant Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Daycare Center Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3485383
    Latitude
    47.6165241

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    FAQs

    What type of property is this?
    Land - Development-ready site in prime Seattle location near key landmarks.
    Where is this land located?
    The property is located at 2603 3Rd Ave Seattle, WA.
    What are key features of this property?
    This property features: - Walk Score of 98 in Belltown, steps from Pike Place, Space Needle, and Amazon HQ.; - Development-ready site approved for 100+ luxury residences.; - Flexible zoning (DMR/R 240/65) allows for diverse development options.
    (425) 974-0431
    Request Owner's contact information
    2603 3Rd Ave Seattle, WA 98119
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    Seattle, WA 98119
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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
    2603 3Rd Ave Seattle, WA 98119
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