4722 - 4730 15th Avenue NE, Seattle, WA 98105

$4,950,000

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Listing courtesy of Best Choice Realty LLC.

List Price
$4,950,000
Status
ACTIVE
MLS#
2549382
Days on Market
644
Lot Size (sq ft)
12,960

Property Description

Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.

Additional Information

Community
University District
Style
42 - Multi-Family
Zoning Jurisdiction
City
Sewer
Available
Tax Year
2023
School District
Seattle
Elementary School
Laurelhurst
Middle School
Eckstein Mid
High School
Roosevelt High
Potential Terms
Cash, Conventional
Driving Directions
Take exit 169 from I-5 N to NE 50th St, turn right onto 15th Avenue NE for about 300 feet, the property is on the left.
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