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    1306 S Bayview St Seattle, WA 98144

    For Sale
    $1,295,000

    Development site with income-producing duplex in North Beacon Hill.

    Property size:
    2,810 SF
    Lot size:
    0.80 Acres

    Property Features for 1306 S Bayview St

    General Information

    Size
    2,810 SF
    Lot size
    0.80 Acres

    Source: Urban Commercial Partners, LLC Agent Jason Elrod

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

    Overview

    Beacon Hill Development Opportunity

    This North Beacon Hill development site is zoned LR3 urban village and situated on a 7,610 square foot lot. The property features an existing duplex that generates $65,000 in annual income. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This property presents a unique income-producing development opportunity with immediate cash flow for investors during the pre-development or entitlement process. The existing structure has a property size of 2,810 square feet, making the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    -122.3155834
    Latitude
    47.581203

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    FAQs

    What type of property is this?
    Land - Development site with income-producing duplex in North Beacon Hill.
    Where is this land located?
    The property is located at 1306 S Bayview St Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Zoned LR3 urban village, supporting higher density residential or mixed-use development.; - **7,610 SF development site in North Beacon Hill.**; - Existing duplex generates $65,000 in annual income.
    (206) 735-7888
    Request Owner's contact information
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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
    1306 S Bayview St Seattle, WA 98144
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