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    3300 Martin Luther King Jr Way S Seattle, WA 98144

    For Sale
    $1,150,000

    2,376 SF building on 0.16 acres near transit.

    Property size:
    2,376 SF
    Lot size:
    0.15 Acres

    Property Features for 3300 Martin Luther King Jr Way S

    General Information

    Size
    2,376 SF
    Lot size
    0.15 Acres

    Source: Colliers International WA, LLC Agent Ryan Amos

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

    Overview

    Seattle Redevelopment Opportunity

    This property features a 2,376 square foot building situated on a 0.16-acre lot. Identified by parcel numbers 1282300460 and 1282300450, it presents a prime redevelopment opportunity located in Seattle’s Martin Luther King Jr Way corridor. The corner lot offers excellent visibility and transit access, with proximity to the Mount Baker Light Rail station. Strong demographics and growth trends in the area suggest potential for investors seeking long-term value in a high-demand urban location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Affordable Tire and Brake ... Auto Repair Shop

    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
    -122.2964515
    Latitude
    47.5738273

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    FAQs

    What type of property is this?
    Industrial property - 2,376 SF building on 0.16 acres near transit.
    Where is this industrial property located?
    The property is located at 3300 Martin Luther King Jr Way S Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in Seattle’s thriving Martin Luther King Jr Way corridor.; - Corner lot with excellent visibility and transit access near Mount Baker Light Rail station.; - Great Owner User Opportunity
    (425) 409-4811
    Request Owner's contact information
    3300 Martin Luther King Jr Way S Seattle, WA 98144
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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
    3300 Martin Luther King Jr Way S Seattle, WA 98144
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