8422 Rainier Ave S Seattle, WA 98118
- Commercial land
- 0.14 lot acres
Current Use by Public Records
- Commercial land
Property Details for 8422 Rainier Ave S
- Lot size
- 0.14 lot acres
- Zone code
- NC2-55 (M)
- Property type
- Commercial land
- APN
- 387040-0020
- APU
- 3870400020
Description
This exceptional 1.03-acre property located at 8422 Rainier Ave S, Seattle, WA 98118 presents a compelling investment opportunity. Zoned NC2-55, this land offers significant potential for multi-family development. The site comprises four parcels: 8422, 8424, and 8428 Rainier Ave S, and 5142 S Cloverdale St, Seattle. Its prime location provides convenient access to essential amenities and transportation. Situated within walking distance of Rainier Beach High School and just blocks from the Light Rail, this property enjoys excellent connectivity to Columbia City and Downtown Seattle. Prior studies are available for review, providing valuable insights into the development potential of this strategically located land. The asking price is $795,000. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area of Seattle. Don't miss this chance to capitalize on the growth and potential of this vibrant neighborhood.
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
- -122.27
- Latitude
- 47.5274
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
