6517 35Th Ave SW, Seattle, WA 98126
For Sale
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Discover a remarkable redevelopment opportunity in Seattle's desirable Gatewood/Highpoint neighborhood. This 6,043 square foot lot, located at 6517 35th Avenue SW, is zoned NC2P55 (M), presenting a unique canvas for visionary projects. The property's location offers exceptional potential for a multi-unit low-rise residential development or townhomes, capitalizing on the area's ongoing growth and urban renewal. The site benefits from its proximity to major transportation arteries, ensuring convenient access for future residents. Furthermore, the vibrant community atmosphere, rich history, and abundance of nearby parks, shops, cafes, and restaurants create an attractive living environment. This property's previous use as a medical clinic provides a solid foundation for future development plans. The 0-acre lot presents a compelling investment opportunity for developers seeking to create a thriving residential community within a highly sought-after Seattle neighborhood. This is more than just land
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NC2P-55 (M) · Seattle, WASeattle. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.