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    815 9Th Ave Seattle, WA 98104

    For Sale
    $8,200,000

    High-rise development site with approved MUP for multi-family building.

    Lot size:
    0.25 Acres

    Property Features for 815 9Th Ave

    General Information

    Lot size
    0.25 Acres

    Source: WPI Real Estate Services Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site in First Hill

    This is a rare high-rise development site located in the heart of First Hill. The site has a lot size of 10,800 square feet and is zoned High Rise (HR). It features an approved Master Use Permit (MUP) for an 8-story, 96-unit multi-family building, which includes 10 auto stalls and 102 bicycle spaces. The location has a Walk Score of 98, designated as a "Walker’s Paradise", and a Transit Score of 100, recognized as a "Rider’s Paradise", offering connectivity and urban convenience. Situated in First Hill, the property is near major hospitals, Seattle University, and downtown Seattle, which has over 340,000 jobs in technology, finance, retail, and professional services. Excellent transit options are available, including buses, the First Hill Streetcar, and the future Link Light Rail. This is one of the last infill opportunities in Seattle’s core, with strong walkability, transit access, and job access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    St. James Cathedral ... Parking Lot Parking lot Parking

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.322418
    Latitude
    47.4029119

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    FAQs

    What type of property is this?
    Land - High-rise development site with approved MUP for multi-family building.
    Where is this land located?
    The property is located at 815 9Th Ave 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: - Approved MUP for an 8-story, 96-unit multi-family building on a rare 10,800 SF high-rise development site.; - Unmatched connectivity with a Transit Score of 100 ("Rider’s Paradise") and Walk Score of 98 ("Walker’s Paradise").; - Prime First Hill location, steps from major hospitals, Seattle University, and downtown Seattle's job market.
    Request Owner's contact information
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    Seattle, WA 98104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    815 9Th Ave Seattle, WA 98104
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