This exceptional 18.87-acre development site in Seattle, WA, presents a remarkable opportunity. Located at 13001 Martin Luther King Jr Way S, 98178, this property comprises thirteen tax parcels (APN: 2172000605, 2172000563, 2172000518, 2172000515, 2172000560, 2172000551, 2172000545, 2172000540, 1423049048, 0001400041, 0001400017, 0001400007, 1400008) and is zoned R-24, allowing for multifamily and townhouse development. Approximately seven acres are developable, with potential for over 360 units, subject to city approvals. The site boasts an 85% impervious surface maximum and a 20% affordable housing requirement. Its strategic location offers convenient access to Southcenter Mall, SeaTac Airport, Link Light Rail, I-5, and I-405, placing it within 30 minutes of over 700,000 jobs. With an average finished townhome sale price of $525,000, this presents a significant investment opportunity in a thriving urban residential zone. This information is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.
Highlights
13 tax parcels encompassing 18.87 acres.
Approximately 7 acres are developable.
R-24 zoning allows multifamily and townhome development.
Urban residential zoning (R-24).
Potential for over 360 units.
85% maximum impervious surface.
Property Details
for 13001 Martin Luther King Jr Way
Property type
Land, Residential income homes
Lot Size (sq. ft)
821,977 SF
Location Insight
City
Seattle
County
King
State
Washington
Latitude
47.4859677
Longitude
-122.2570438
13001 Martin Luther King Jr Way, Seattle, Washington
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13001 Martin Luther King Jr Way, Seattle, Washington, 98178
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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