5721 35Th Ave Seattle, WA 98118
- Land
Current Use by Public Records
- Land
Property Details for 5721 35Th Ave
- Property type
- Land
Description
This exceptional 1.8 million dollar land parcel in Seattle, WA, presents a unique multifamily development opportunity. Located at 5721 35th Avenue S, in the vibrant King County neighborhood of Seattle, this property is zoned MR, allowing for the construction of an 88-unit multifamily residential building. Early design guidance meetings have already been completed, streamlining the development process for the new owner. The site benefits from its strategic location at the intersection of Columbia City, Hillman City, and Beacon Hill, offering access to a diverse range of dining, shopping, and cultural experiences. This thriving community is known for its strong sense of community and inclusive environment. Furthermore, the property enjoys excellent transit connectivity, situated just two blocks from the new S Graham St Light Rail Station and conveniently located near a major bus line, ensuring easy access to downtown Seattle and other key areas. The potential for a Multi-Family Tax Exemption may also be available, offering significant financial advantages. This is a rare chance to acquire a well-positioned site with substantial development potential in one of Seattle's most desirable and rapidly growing neighborhoods. The property is ready for immediate development, making it an attractive investment for experienced developers seeking a high-return opportunity. The address is 5721 35th Avenue S, Seattle, WA 98118.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.289
- Latitude
- 47.5503
