$12,000,000
1.87± Acres
Active
King County, WA

5907 Martin Luther King Jr, Seattle, Washington

MLS ID: 2153442
Status: Active
Price: $12,000,000
Acres: 1.87±
Type: Land
Address: 5907 Martin Luther King Jr
City, State: Seattle, WA
County: King County
ZIP Code: 98118
Parcel Number: 2224049028
Listed by: Christopher Fiori of Heartland Llc

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.

Directions: On MLK Jr Way S

Additional Information

Exterior

Electric On Property (Yes/no): Yes
Lot Size Square Feet: 81,544
Road Surface Type: Paved
Water Source: Available, On Property

Financial/HOA/Schools

High School District: Seattle
Subdivision Name: Hillman City
Zoning Description: NC2-75 (M)
Jesse Ingels

Jesse Ingels

Spokane Valley, Washington

(509) 367-8495

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Listed By: Christopher Fiori of Heartland Llc