West Seattle Development
For Sale
$3,250,000
Pending
2000 Orchard St, Seattle, WA 98106
Permitted 1.49-acre site for 18 townhomes, near downtown Seattle.
Property SizeContact for details
Days on Market787
Property Features for 2000 Orchard St
General Information
Standard status
Pending
Property subtype
Commercial
Listing Agency:
BERKADIA REAL ESTATE ADVISORS, LLC
(425) 269-3826
Listed By:
STEVEN CHATTIN
Source:
Corcoran
Added: Jun 25, 2024
Changed: Aug 8
Last Checked: Aug 8 at 12:01PM
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 BERKADIA REAL ESTATE ADVISORS, LLC
Investment Insights
Based on property information with market context.
This 1.49-acre site, located at 2000-2050 SW Orchard Street, Seattle, WA 98106, presents a development opportunity for 18 townhomes in West Seattle. The fully permitted project is suitable for build-to-rent or build-to-sell strategies. The development consists of 18 three-story rowhouses, each designed to achieve 4-Star Built Green status and averaging 1,582 square feet per unit. Partial below-grade parking is included. The location is a 12-minute drive from downtown Seattle, offering convenient access to major employers, Boeing Field, King County Airport, and South Seattle College. The project is grandfathered into no MHA fees, resulting in an approximate savings of $164,000.
Key Highlights
- Fully permitted 1.49‑acre site ready for construction of 18 townhome units.
- Strategic West Seattle location, a convenient 12‑minute drive to downtown Seattle.
- Project is grandfathered into no MHA fees, saving approximately $164,000.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
Demographics for 98106, WA
26,295
Population
12,107
Households
2.2
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,781
Density / Sq Mi
$115,529
Median Household Income
$60,223
Median Earnings
$1,824
Median Rent
$666,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Permitted 1.49-acre site for 18 townhomes, near downtown Seattle.
Where is this residential land & home lot located?
The property is located at 2000 Orchard St Seattle, WA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Fully permitted 1.49‑acre site ready for construction of 18 townhome units.; Strategic West Seattle location, a convenient 12‑minute drive to downtown Seattle.; Project is grandfathered into no MHA fees, saving approximately $164,000.
