13020 1St Ave Seattle, WA 98125
- Commercial real estate
- 0.83 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 13020 1St Ave
- Lot size
- 0.83 lot acres
- Property type
- Commercial real estate
- APN
- 1787600285
Description
This exceptional 0.83-acre commercial land parcel, located at 13020 1st Ave NE in Seattle, WA 98125 (APN 1787600285), presents a unique development opportunity. Zoned SF 7200, the property offers significant potential for future development, given its proximity to key amenities and infrastructure. The asking price is $8,300,000, translating to a land value of $105.74 per square foot. Situated a short walk from the new 130th Street Light Rail Station and Northacres Park, this location provides convenient access to public transportation, green space, and essential services. Furthermore, its proximity to the University of Washington Medical Center and Ingraham High School adds to its appeal. The site is within the ½-mile “Station Area Plan,” and is currently undergoing an Environmental Impact Statement (EIS) review by the Seattle Office of Planning and Community Development, exploring potential rezoning for multi-family mixed-use development, allowing for taller buildings (up to 85 feet) within the Urban Village designation. All information should be independently verified by the buyer. This is a rare chance to shape the future of a rapidly developing Seattle neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3286394
- Latitude
- 47.7237623
