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    9243 Martin Luther King Jr Way S Seattle, WA 98118

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    For Sale
    $3,500,000

    Land site with warehouse, convenient access to freeway and Seattle CBD.

    Lot size:
    0.66 Acres

    Property Features for 9243 Martin Luther King Jr Way S

    General Information

    Lot size
    0.66 Acres

    Source: Better Properties - Metro Agent Bob Lee

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

    Overview

    Large Land Site with Warehouse

    This large land site includes a 6110 square foot warehouse. It benefits from WB-50 truck access from two streets and is located minutes from the I-5 freeway and the Seattle CBD. The property is zoned C2-75, which allows for many uses. A clean environmental report is available. The property will be vacant by March 2026 or sooner.
    Insight Report Location Intelligence

    Current Use by Public Records

    Universal Appliance & Refrigeration Commercial Refrigeration

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.2802415
    Latitude
    47.5192334

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    FAQs

    What type of property is this?
    Commercial land - Land site with warehouse, convenient access to freeway and Seattle CBD.
    Where is this commercial land located?
    The property is located at 9243 Martin Luther King Jr Way S Seattle, WA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Large land site with 6110 sqft warehouse.; - Zoned C2-75, allowing many uses.; - WB-50 Truck access from 2 streets.
    (206) 914-6988
    Request Owner's contact information
    9243 Martin Luther King Jr Way S Seattle, WA 98118
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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
    9243 Martin Luther King Jr Way S Seattle, WA 98118
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