$ 12,000,000
5907 Martin Luther King Jr WAY S Seattle, WA 98118
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Listed by Heartland LLC
$ 12,000,000
Est. payment /mo
Active
5907 Martin Luther King Jr WAY S Seattle, WA 98118
1.87 Acres Lot
UPDATED:
11/15/2024 01:13 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Hillman City
MLS Listing ID 2153442
Style 42 - Multi-Family
Lot Size 1.872 Acres
Property Description
The Owner is selling ~81,544 SF of land (a portion of parcel #2224049028), including a 10,400 SF office building completed in 2015. The parcel is zoned NC2-75 (M). The Owner seeks to retain approximately 16,000 land SF of the westernmost portion of the current 97,544 SF parcel, including the westernmost building (outlined in yellow in most of the attached graphics). NC2-75 (M) zoning allows various commercial and residential uses. Residential multifamily or townhomes are likely the highest and best use. Preliminary yield studies indicate that the Site could accommodate 295 multifamily units or 57 townhomes utilizing all for-sale land.
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected
Waterfront No
View Y/N No
Building
Sewer On Property
Water Available, On Property
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.