Listing Agency: First Western Properties, Inc. Kirkland

Listed By: Johnny Huynh · License #WA

Source: Crexi

Added: Apr 12 Changed: Sep 2 Last Checked: Sep 2 at 11:00PM

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Investment Insights

Based on property information with market context.

This 11,800-square-foot commercial land opportunity occupies a prominent corner at 5514 24th Ave NW in Seattle’s Ballard neighborhood. The site is positioned just off NW Market Street and offers a development profile suited to urban infill planning.

NC3P-75 (M) zoning permits mixed-use or multifamily development with building height of up to 75 feet. The property’s corner placement and location along 24th Ave NW provide a clear basis for evaluating future development concepts within the stated zoning framework.

Key Highlights

• 11,800‑square‑foot commercial land development opportunity
• NC3P‑75 (M) zoning
• Mixed‑use or multifamily development permitted

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nursing Home Bed & Breakfast Barber Shop Tanning Salon

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

3,176

Businesses Nearby

Explore this area Business Placement

Demographics for 98107, WA

28,557

Population

16,538

Households

1.7

Avg Household Size

35

Median Age

76%

College-Educated

99%

High-School Grad

2.2 sq mi

ZIP Area

12,980

Density / Sq Mi

$137,748

Median Household Income

$82,884

Median Earnings

$2,194

Median Rent

$924,900

Median Home Value

Questions? Ask Rey

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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?

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Frequently Asked Questions

What type of property is this?

Commercial land - NC3P-75 (M) zoning supports mixed-use or multifamily development up to 75 feet.

Where is this commercial land located?

The property is located at 5514 24th Ave NW Seattle, WA.

What are key features of this property?

This property features: 11,800‑square‑foot commercial land development opportunity; NC3P‑75 (M) zoning; Mixed‑use or multifamily development permitted