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Rainier Avenue Investment Opportunity
For Sale
$795,000

8422 Rainier Ave S, Seattle, WA 98118

Four parcels near light rail and Rainier Beach High School.

Property SizeContact for details
Days on Market242

Property Features for 8422 Rainier Ave S

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: John L. Scott, Inc.
Listed By: Jeff McCann
Source: Robb4realestate
Added: Feb 9 Changed: Sep 18 Last Checked: Oct 7 at 4:05PM

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 John L. Scott, Inc.

Investment Insights

Based on property information with market context.

This property presents a significant investment opportunity, zoned NC2-55. The location is within walking distance of Rainer Beach High School and a few blocks from the Light Link Rail. It is also conveniently close to Colombia City and Downtown Seattle. The property comprises four parcels: 8422, 8424, and 8428 Rainier Ave S, as well as 5142 S Cloverdale Seattle. Studies are available for review.

Key Highlights

  • NC2‑55 zoning offers significant development potential.
  • Prime location within walking distance of Rainer Beach High School and a few blocks from Light Link Rail.
  • Includes four parcels (8422, 8424, 8428 Rainier Ave S & 5142 S Cloverdale Seattle).

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Electrical Service Computer & Electronic Repair Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

670
Businesses Nearby

Demographics for 98118, WA

47,504
Population
19,831
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
7,662
Density / Sq Mi
$109,085
Median Household Income
$54,827
Median Earnings
$1,831
Median Rent
$746,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Four parcels near light rail and Rainier Beach High School.
Where is this commercial land located?
The property is located at 8422 Rainier Ave S Seattle, WA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: NC2‑55 zoning offers significant development potential.; Prime location within walking distance of Rainer Beach High School and a few blocks from Light Link Rail.; Includes four parcels (8422, 8424, 8428 Rainier Ave S & 5142 S Cloverdale Seattle).
More about this property
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