Multifamily Development Site
For Sale
$5,950,000
13001 Martin Luther King Jr Way S, Seattle, WA 98178
18.8 acres for multifamily development, 300+ units possible.
Property Size818,928 SF
Lot Size18.80 Acres
Price / SF$7.27
Days on Market291
Property Features for 13001 Martin Luther King Jr Way S
General Information
Standard status
Active
Size
818,928 SF
Lot size
18.80 Acres
Property subtype
Commercial
Listing Agency:
JOHN L. SCOTT - REDMOND
(206) 724-1965
Listed By:
HUNTER GASTON
Source:
Corcoran
Added: Nov 8, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT - REDMOND
Investment Insights
Based on property information with market context.
This is an approximately 18.8-acre assemblage of 13 parcels zoned R48P-SO in unincorporated King County. The site offers approximately 7 net developable acres with approximately 1,200 feet of frontage on Martin Luther King Jr Way S. All utilities are in the street or adjacent to the property. The location is minutes from I-5, Boeing, Renton Landing, Light Rail, and Sea-Tac.
Key Highlights
- ±18.8 acre assemblage (13 parcels) zoned R48P‑SO allowing for 300+ multifamily units.
- Rare large development site in unincorporated King County.
- ±7 net developable acres with ±1,200 FT frontage on MLK Jr Way S.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Explore this area
Business Placement
Demographics for 98178, WA
26,122
Population
10,018
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
86%
High-School Grad
4.9 sq mi
ZIP Area
5,331
Density / Sq Mi
$93,786
Median Household Income
$52,123
Median Earnings
$1,836
Median Rent
$628,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 18.8 acres for multifamily development, 300+ units possible.
Where is this residential land & home lot located?
The property is located at 13001 Martin Luther King Jr Way S Seattle, WA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: ±18.8 acre assemblage (13 parcels) zoned R48P‑SO allowing for 300+ multifamily units.; Rare large development site in unincorporated King County.; ±7 net developable acres with ±1,200 FT frontage on MLK Jr Way S.**
