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    3045 California Ave Seattle, WA 98116

    For Sale
    $1,425,000

    Permitted development site in the Admiral District on California Ave SW.

    Lot size:
    0.08 Acres

    Property Features for 3045 California Ave

    General Information

    Lot size
    0.08 Acres

    Source: WINDERMERE REAL ESTATE MIDTOWN Agent TYLER JOHNSON

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

    Overview

    West Seattle Development Opportunity

    Located in West Seattle's Admiral District on California Ave SW, this permitted development site is zoned NC22-55 (M) and ready for the construction of a 12,331 square foot, 5-story building. The planned structure includes 15 units, featuring 1 retail space and 14 residential apartments. California Ave SW serves as the main thoroughfare connecting the Admiral District to the Alaska Junction and the Morgan Junction. The location boasts a Walk Score of 92, indicating close proximity to the three major hubs, Alki Beach, shopping, and restaurants, and is a 10-minute drive to downtown. This property presents an opportunity for investors and developers to establish a community in a sought-after Seattle neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Leaf Natural ... Naturopathic Practitioner Westside Acupuncture & Herbs Acupuncture Clinic Breanne Thompson, EAMP Acupuncturist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3871484
    Latitude
    47.5757564

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    FAQs

    What type of property is this?
    Commercial land - Permitted development site in the Admiral District on California Ave SW.
    Where is this commercial land located?
    The property is located at 3045 California Ave Seattle, WA.
    What is the asking price?
    The asking price for this property is $1,425,000.
    What are key features of this property?
    This property features: - Permitted development site ready for a 12,331 SF, 5-story, 15-unit apartment building.; - Prime location in West Seattle's Admiral District on California Ave SW.; - Zoned NC22-55 (M) allowing for mixed-use development (residential and retail).
    (206) 527-5445
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    Seattle, WA 98116
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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
    3045 California Ave Seattle, WA 98116
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