Shovel-Ready Apartment Development
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7001 15th Ave NW, Seattle, WA 98117
Shovel-ready apartment development land on 15th Avenue NW in Ballard, Seattle.
Property SizeContact for details
Days on Market132
Property Features for 7001 15th Ave NW
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Cushman & Wakefield - Seattle, Washington
(206) 877-3378
Listed By:
Adam Groberman · License #20108435
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 2:39PM
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 Cushman & Wakefield - Seattle, Washington
Investment Insights
Based on property information with market context.
Cushman & Wakefield presents Nesttun Apartments, a shovel-ready development opportunity on a land parcel in Ballard. The offering is positioned as a multifamily development project within Seattle’s Ballard submarket.
Nesttun is located on 15th Avenue Northwest in Ballard. The remarks cite Ballard as one of Seattle’s fastest growing submarkets, with walkability and access to job centers, along with reported rent growth of 10.8% year-over-year and a compressed vacancy rate of 3.1%. The information also references average new-construction rents in the area for SEDUs and 1- and 2-bedroom units.
Nesttun is located on 15th Avenue Northwest in Ballard. The remarks cite Ballard as one of Seattle’s fastest growing submarkets, with walkability and access to job centers, along with reported rent growth of 10.8% year-over-year and a compressed vacancy rate of 3.1%. The information also references average new-construction rents in the area for SEDUs and 1- and 2-bedroom units.
Key Highlights
- Shovel‑ready apartment development land on 15th Avenue NW in Ballard, Seattle
- Development site described as Nesttun Apartments
- Ballard submarket has 10.8% year‑over‑year rent growth (per listing remarks)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Explore this area
Business Placement
Demographics for 98117, WA
35,608
Population
15,230
Households
2.3
Avg Household Size
39
Median Age
75%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
9,130
Density / Sq Mi
$182,500
Median Household Income
$95,616
Median Earnings
$2,197
Median Rent
$1,028,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready apartment development land on 15th Avenue NW in Ballard, Seattle.
Where is this residential land & home lot located?
The property is located at 7001 15th Ave NW Seattle, WA.
What are key features of this property?
This property features: Shovel‑ready apartment development land on 15th Avenue NW in Ballard, Seattle; Development site described as Nesttun Apartments; Ballard submarket has 10.8% year‑over‑year rent growth (per listing remarks)
