13001 Martin Luther King Jr WaySeattle, WA 98178
- Investment properties
- 18.87 AC
Property Details for 13001 Martin Luther King Jr Way
- Lot size
- 18.87 AC
- Property type
- Investment properties
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- Seattle
- County
- King
- State
- Washington
- Latitude
- 47.486
- Longitude
- -122.257
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