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    5030-5048 Roosevelt Way NE Seattle, WA 98105

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    For Lease
    Contact for pricing

    Prime location in Seattle's University District for redevelopment or lease.

    Property size:
    17,746 SF
    Lot size:
    0.40 Acres

    Property Features for 5030-5048 Roosevelt Way NE

    General Information

    Size
    17,746 SF
    Lot size
    0.40 Acres

    Source: West Coast Commercial Realty, LLC Agent Madeline Stutz

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

    Overview

    University District Redevelopment Opportunity

    Located in the heart of the University District in Northeast Seattle, this property presents a prime opportunity for redevelopment, owner-users, investment, or lease. Situated on a major arterial, the site benefits from high visibility and traffic. The property offers exceptional potential for commercial tenants, investors, owner-users, and developers. With no long-term leases currently encumbering the property, it is suitable for various long-term users, including redevelopment projects. The surrounding University District is a vibrant neighborhood with a mix of single and multi-family housing, established businesses, and new businesses. The location provides close proximity to the University of Washington, including educational, cultural, and diverse amenities. The property encompasses 17,746 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -122.3170801
    Latitude
    47.6659221

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    FAQs

    What type of property is this?
    Retail space - Prime location in Seattle's University District for redevelopment or lease.
    Where is this retail space located?
    The property is located at 5030-5048 Roosevelt Way NE Seattle, WA.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in the University District.; - High visibility location on a major arterial with high traffic.; - Suitable for commercial tenants, investors, owner-users, and developers.
    (206) 283-5212
    Request Owner's contact information
    5030-5048 Roosevelt Way NE Seattle, WA 98105
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    Seattle, WA 98105
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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
    5030-5048 Roosevelt Way NE Seattle, WA 98105
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