Opportunity Zone Micro-Housing Development
6600 Martin Luther King Jr Way S Seattle, WA 98118
6600 Martin Luther King Jr Way S, Seattle, WA, 98118
Contact for pricing
For Sale
Contact for pricing
Pending
Development site currently used as a gas station, zoned NC2-55(M), near Link Light Rail with Opportunity Zone status.
Lot Size0.40 Acres
Days on Market104
Property Features for 6600 Martin Luther King Jr Way S
General Information
- Standard status
- Pending
- Lot size
- 0.40 Acres
- Property subtype
- Land
Listing agency
Real Property Associates
Listed by
Jeff Kim · License #WA 12260
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 12:53PM Checked: Jul 21 at 12:53PM
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Investment Insights
Based on property information with market context.
This one-of-a-kind Opportunity Zone site is currently improved and used as a gas station. The property is described as having dimensions that support a high micro-housing unit count with all units facing outward, avoiding units facing a wall and minimizing view obstruction. The seller references an underground parking layout designed to place parking on both sides of a drive aisle.
The property is located in the Othello Residential Urban Village, and is described as being about two blocks from the Link Light Rail Station network. It is also described as within the SE Seattle Reinvestment Area, and the listing notes that current zoning is NC2-55(M) without a pedestrian designation, providing flexibility for retail elements.
Per the listing, existing zoning NC2-55(M) allows a contract-described development of up to a 66,030 SF, 5-story building with an estimated 200 micro-housing units at approximately 250 SF per unit, and parking is described as not required for multi-family/mixed-use in the village but important for operation and income. The listing also discusses a contract rezone to NC2-95(M1) to develop a 110,050 SF, 7-story micro-housing building with studio units and an affordable unit designation tied to the MHA/MFTE performance approach.
The property is located in the Othello Residential Urban Village, and is described as being about two blocks from the Link Light Rail Station network. It is also described as within the SE Seattle Reinvestment Area, and the listing notes that current zoning is NC2-55(M) without a pedestrian designation, providing flexibility for retail elements.
Per the listing, existing zoning NC2-55(M) allows a contract-described development of up to a 66,030 SF, 5-story building with an estimated 200 micro-housing units at approximately 250 SF per unit, and parking is described as not required for multi-family/mixed-use in the village but important for operation and income. The listing also discusses a contract rezone to NC2-95(M1) to develop a 110,050 SF, 7-story micro-housing building with studio units and an affordable unit designation tied to the MHA/MFTE performance approach.
Key Highlights
- 17,608 SF development site with Opportunity Zone status and “no adjacent properties with street frontage on all sides”
- Existing zoning NC2‑55(M) allows up to a 66,030 SF, 5‑story building up to 55 ft, yielding about 200 micro‑housing units (~250 SF/unit)
- 2 blocks to the Link Light Rail Station; system currently connects Seattle to Sea‑Tac International Airport with expansion under construction
Property Analytics
Location Intelligence
Current Use by Public Records
Food Mart
Grocery & Convenience Store
TacOrtiz
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Development site currently used as a gas station, zoned NC2-55(M), near Link Light Rail with Opportunity Zone status.
Where is this commercial land located?
The property is located at 6600 Martin Luther King Jr Way S Seattle, WA.
What are key features of this property?
This property features: 17,608 SF development site with Opportunity Zone status and “no adjacent properties with street frontage on all sides”; Existing zoning NC2‑55(M) allows up to a 66,030 SF, 5‑story building up to 55 ft, yielding about 200 micro‑housing units (~250 SF/unit); 2 blocks to the Link Light Rail Station; system currently connects Seattle to Sea‑Tac International Airport with expansion under construction
