9739 Greenwood Ave N - Greenwood Development Site
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9739 Greenwood Ave N - Greenwood Development Site
0.21 Acres of Industrial Land Offered at $1,795,000 in Seattle, WA 98103
Investment Highlights
- 8,960 SqFt lot zone C1-55(M)
- Existing structure – out of service auto-body repair shop
- Billboard lease allows for it to be removed for redevelopment
- Potential to build +/- 50 apartment units or +/- 10 live-work/ townhouse units
- Transit oriented location
- Seller open to offers with a close on permits
Executive Summary
8,960 square feet of C1-55(M) zoned land and presents a developer with the opportunity to build +/- 50 apartment units or +/- 10 live-work/townhouse units (Buyer to verify). The property is well located on Greenwood Ave N, just a few blocks south of the intersection of Holman Road, Greenwood Ave and 105th which provides numerous options for transportation. There is an out of service auto-body repair shop currently on the property and a billboard that has a terminable lease. The auto-body repair shop has the potential to be renovated but it is believed the highest and best use is for this property is new development.
Property Facts
| Price | $1,795,000 | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Property Type | Land |
| Price | $1,795,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.21 AC |
1 Lot Available
Lot
| Price | $1,795,000 | Lot Size | 0.21 AC |
| Price Per AC | $8,726,597 |
| Price | $1,795,000 |
| Price Per AC | $8,726,597 |
| Lot Size | 0.21 AC |
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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 291520-0025 | Improvements Assessment | $1,000 |
| Land Assessment | $1,433,600 | Total Assessment | $1,434,600 |
PROPERTY TAXES
Parcel Number
291520-0025
Land Assessment
$1,433,600
Improvements Assessment
$1,000
Total Assessment
$1,434,600
zoning
| Zoning Code | C1-55 (M) |
| C1-55 (M) |
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Brian Platt -
Michael Urquhart -
Ben Douglas -
Paragon Real Estate Advisors
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9739 Greenwood Ave N - Greenwood Development Site
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