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- LoopNet Team
4354 S Henderson St
Seattle, WA 98118
Henderix 30 · Land For Sale · 0.23 AC
Investment Highlights
- 500 Feet From Light Rail - Rainier Beach Station & One Mile from I-5 Freeway
- Site is Flat and on a Primary Street with Back-Alley Access
- Approved Land Use and Construction Design
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.23 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.23 AC |
Description
EXCLUSIVELY LISTED BY JONATHAN NICOLI, THIS DEVELOPMENT OPPORTUNITY IS WELL-SUITED FOR A DEVELOPER LOOKING TO LEVERAGE THE ACCESSIBILITY OF THE LIGHT RAIL STATION MERELY 500 FEET FROM THIS SITE. With the very close proximity of this site to the light rail station, the far reaches of the Seattle Metro will be a hop, skip & jump for this community’s residents. This neighborhood is poised for near-term growth. A quarter-mile nearby is a newly completed Contempo community by Intracorp consisting of 58 townhomes with units recently trading for $750K at $478 per SF. Also sharing an alley with the site is the Northwest Kidney Center. The developer of this site may benefit from property values of recently-completed projects beginning to rival values in Rainier Valley & Columbia City; and in advance of a number of proposed projects, including 120 apartment units on 4524 S Henderson and within a quarter-mile 44 townhomes and 42 efficiency units – all anticipating strong demand driven by light rail usage.
zoning
| Zoning Code | SM-RB 85 (M) |
| SM-RB 85 (M) |
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