For Sale
$8,300,000

13020 1St AveSeattle, WA 98125

Prime 0.83-acre lot near light rail.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.83-acre commercial land parcel, located at 13020 1st Ave NE in Seattle, WA 98125 (APN 1787600285), presents a unique development opportunity. Zoned SF 7200, the property offers significant potential for future development, given its proximity to key amenities and infrastructure. The asking price is $8,300,000, translating to a land value of $105.74 per square foot. Situated a short walk from the new 130th Street Light Rail Station and Northacres Park, this location provides convenient access to public transportation, green space, and essential services. Furthermore, its proximity to the University of Washington Medical Center and Ingraham High School adds to its appeal. The site is within the ½-mile “Station Area Plan,” and is currently undergoing an Environmental Impact Statement (EIS) review by the Seattle Office of Planning and Community Development, exploring potential rezoning for multi-family mixed-use development, allowing for taller buildings (up to 85 feet) within the Urban Village designation. All information should be independently verified by the buyer. This is a rare chance to shape the future of a rapidly developing Seattle neighborhood.

Highlights

  • 0.83-acre commercial land parcel in Seattle, WA (APN 1787600285) at 13020 1st Ave NE.
  • Zoned SF 7200, offering significant development potential.
  • Asking price: $8,300,000 ($105.74/sq ft).
  • Conveniently located near the 130th Street Light Rail Station and Northacres Park.
  • Proximity to University of Washington Medical Center and Ingraham High School.
  • Located within the 1⁄2-mile Station Area Plan; undergoing EIS review for potential multi-family mixed-use rezoning (up to 85 ft).

Property Details for 13020 1St Ave

Property type
Land
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.7237623
Longitude
-122.3286394
13020 1St Ave, Seattle, Washington

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13020 1St Ave
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