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MF-Development Opportunity in Seattle

5722 35th Avenue S Seattle, WA 98118

5722 35th Avenue S, Seattle, WA, 98118
$8,200,000
For Sale
$8,200,000

Approved 258-unit MF-Development, shovel-ready, ideal for investors or builders.

Lot Size0.78 Acres
Days on Market127

Property Features for 5722 35th Avenue S

General Information

Standard status
Active
Lot size
0.78 Acres
Property subtype
Land or Vacant Lot
Listing Agency COLDWELL BANKER DANFORTH
Listed by JONAH WILHELM
Source Corcoran
Added: Mar 14 Checked: Jul 17 at 4:01 am

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 COLDWELL BANKER DANFORTH


Investment Insights

Based on property information with market context.

This property presents an opportunity for a 258-unit multi-family development. The project has full architectural and engineering approvals, positioning it to be shovel-ready this spring. This eliminates guesswork for investors or builders looking to develop in a thriving community. The location is suitable for workforce or market-rate housing. Multi-Family Tax Exemptions (MFTEs) are available, along with financing options for affordable builders, non-profits, and market-rate operators. Contractors are ready to start clearing and grading.

Key Highlights

  • Shovel‑ready this spring with all line items approved for MUP and Full Architectural and Engineering.
  • 258‑unit multi‑family development opportunity.
  • Great location suitable for workforce or market‑rate housing.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Skin Care Clinic Electrical Service Accounting Firm

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

FAQs

What type of property is this?
Commercial land - Approved 258-unit MF-Development, shovel-ready, ideal for investors or builders.
Where is this commercial land located?
The property is located at 5722 35th Avenue S Seattle, WA.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: Shovel‑ready this spring with all line items approved for MUP and Full Architectural and Engineering.; 258‑unit multi‑family development opportunity.; Great location suitable for workforce or market‑rate housing.
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