11715 15th NE Ave Seattle, WA 98125-5025

This exceptional 30,662 square foot lot presents a remarkable development opportunity in Seattle's desirable Northgate area. Located at 11715 15th Ave NE, King County, WA 98125, this corner lot is zoned LR3, allowing for a substantial buildable area of up to 67,000 square feet per a feasibility study (available upon request). The property's prime location on the Northgate Neighborhood Greenway provides convenient access to the new Northgate Center via a dedicated bike lane. Its proximity to the NHL's new $80 million training facility and headquarters, slated to open soon, further enhances its desirability. Currently, all tenants are on month-to-month leases, facilitating a smooth transition for development. The asking price is $4,250,000, translating to $159 per square foot of land value. This presents a unique chance to capitalize on the vibrant growth of the Northgate neighborhood and create a high-value residential or commercial development. The property's versatility allows for the construction of apartments, condos, or townhomes, catering to a diverse range of market demands.