University-Area Development
For Sale
$8,350,000
4626 21ST, Seattle, WA 98105
Flat development site near the University of Washington, with pending entitlements for a student housing project.
Property SizeContact for details
Days on Market25
Property Features for 4626 21ST
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Alchemy Real Estate
Listed By:
Michael Brewer
(206) 363-8509
Source:
Century21northhomes
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 23 at 3:25AM
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 Alchemy Real Estate
Investment Insights
Based on property information with market context.
This flat development site is positioned on Greek Row and designed for an approximately 150-unit student housing building, with entitlements reported to be in the final stages of review with Seattle Department of Construction and Inspections (SDCI). The property is described as having no SIP’S (street improvements) and includes “big views,” according to the public remarks. A consultant report and full due diligence package are available upon request.
The site is described as a one-block walk to a University of Washington campus entrance. Current monthly income is noted from a Diamond Parking Lease, and the building on-site is occupied by a non-profit that receives a substantial property tax exemption, with a 20-day notice to vacate reported.
Due diligence materials are available upon request to support the entitlement timeline and current operating details for the existing use.
The site is described as a one-block walk to a University of Washington campus entrance. Current monthly income is noted from a Diamond Parking Lease, and the building on-site is occupied by a non-profit that receives a substantial property tax exemption, with a 20-day notice to vacate reported.
Due diligence materials are available upon request to support the entitlement timeline and current operating details for the existing use.
Key Highlights
- Flat development site on Greek Row near University of Washington
- Entitlements for a +/-150‑unit student housing building are in the final stages of review with Seattle Department of Construction and Inspections (SDCI)
- One block walk to a University of Washington campus entrance
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 98105, WA
49,151
Population
20,582
Households
2.4
Avg Household Size
27
Median Age
77%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
12,934
Density / Sq Mi
$78,691
Median Household Income
$34,947
Median Earnings
$1,803
Median Rent
$1,261,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Flat development site near the University of Washington, with pending entitlements for a student housing project.
Where is this residential land & home lot located?
The property is located at 4626 21ST Seattle, WA.
What is the asking price?
The asking price for this property is $8,350,000.
What are key features of this property?
This property features: Flat development site on Greek Row near University of Washington; Entitlements for a +/-150‑unit student housing building are in the final stages of review with Seattle Department of Construction and Inspections (SDCI); One block walk to a University of Washington campus entrance
