Listing Agency: ERV Realty Inc.

Listed By: Scott Shapiro Show Phone

Source: Moodyscre

Added: Sep 9 Changed: Sep 13 Last Checked: Sep 12 at 10:25AM

Report an Issue

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 ERV Realty Inc.

Investment Insights

Based on property information with market context.

This 24,387-square-foot commercial land parcel is zoned NC3-65 and positioned for multifamily redevelopment. The property includes completed plans and permits for a six-story project containing 112 units.

The site is located at 5201-5223 Rainier Ave S in Seattle’s Columbia City area. Its existing development package provides a defined framework for a multifamily project on the parcel.

Key Highlights

• 24,387 sf of commercial land
• NC3‑65 zoning
• Plans and permits for a 112‑unit multifamily project

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Electrical Service Building Supply Auto Parts Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,215

Businesses Nearby

Explore this area Business Placement

Demographics for 98118, WA

47,504

Population

19,831

Households

2.4

Avg Household Size

38

Median Age

49%

College-Educated

90%

High-School Grad

6.2 sq mi

ZIP Area

7,662

Density / Sq Mi

$109,085

Median Household Income

$54,827

Median Earnings

$1,831

Median Rent

$746,400

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Auto-Repair Property with Flexibility

4607-4613 37th Ave SW, Seattle, WA 98126

$2,200,000

4,500 SF

View details

High-Visibility Auto Shop Building

444 Elliott Ave W, Seattle, WA 98119

$2,750,000

5,625 SF

View details

Mixed-Use Building with Restaurant

3015 Beacon Ave S, Seattle, WA 98144

$2,695,000

4,283 SF

View details

Multi-Tenant Retail Strip Building

6408 Latona Ave NE, Seattle, WA 98115

$1,850,000

4,140 SF

View details

Retail/Office Condo Suite

2950 Eastlake Ave E Unit 4, Seattle, WA 98102

$625,000

1,027 SF

View details

Entitled Mixed-Use Development Land

1624 N 45th St, Seattle, WA 98103

$1,000,000

9,200 SF

View details

Ground-Floor Office Unit

3213 Harbor Avenue Sw A2 & 3, Seattle, WA 98126

$1,265,000

2,000 SF

View details

Office Condominium with Rooftop Deck

4014 N Aurora Ave B, Seattle, WA 98103

$845,000

3,435 SF

View details

Retail Building with 40-Foot Height Limit

305 NE 65th St, Seattle, WA 98115

$1,650,000

2,350 SF

View details

Hardware Storefront Property

4910 15th Ave NW, Seattle, WA 98107

$6,200,000

12,420 SF

View details

Vacant Retail Building with IG2 Zoning

85 South Lander Street, Seattle, WA 98134

$1,804,915

8,880 SF

View details

Street-Front Live-Work Condominium

12536 15th Avenue Ne C1, Seattle, WA 98125

$349,950

877 SF

View details

Frequently Asked Questions

What type of property is this?

Commercial land - NC3-65-zoned land with plans and permits for a substantial multifamily redevelopment.

Where is this commercial land located?

The property is located at 5201-5223 Rainier Ave S Seattle, WA.

What are key features of this property?

This property features: 24,387 sf of commercial land; NC3‑65 zoning; Plans and permits for a 112‑unit multifamily project