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5907 Martin Luther King Jr Way S Seattle, WA $ 12,000,000
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$ 12,000,000 Get more info
5907 Martin Luther King Jr Way S
$ 12,000,000
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5907 Martin Luther King Jr Way S

Seattle, WA, 98118
$ 12,000,000
Baths0.0

Monthly Estimate*

$ 83,824

Listed by Heartland LLC
5907 Martin Luther King Jr Way S, Seattle, WA 98118 - Image 1
5907 Martin Luther King Jr Way S, Seattle, WA 98118 - Image 2
Studio

Lots and Land for sale in Seattle, WA

for $12,000,000. The lot size is 1.872.

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.

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Lots and Land Active

Price

$ 12,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Multi-Family

Lot Size

1.872

Town/City

Seattle

County/Region

King

MLS | Web ID

2153442
Features
General
Sewer On Property
Utilities Electricity Connected
Possession Closing
HOA 0
Property SubType Land
County King
Property Type Land
HOA / Comm Assn N
Subdivision Name Hillman City
Possible Use See Remarks
Special Listing Conditions None
Status Active
Directions On MLK Jr Way S
City Seattle
Buyer Agent Compensation 2.25%
View Y/N N
Senior Community Y/N N
High School District Seattle
Zoning Description NC2-75 (M)
MLS Area 380 - Southeast Seattle
Lot Size Square Feet 81544
Waterfront Y/N N
Carport Y/N N
Street Name Martin Luther King Jr
Listing Terms Cash Out Conventional
Public Remarks 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 approximat
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Gas Status Not Available
Zoning Class See Remarks
Property Style 42 - Multi-Family
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Exterior
Water Source Available On Property
Building Area Total 0
Lot Size Acres 1.872
Road Surface Type Paved
Lot Size Units Square Feet
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Way
Electric On Property Y/N Y
Living Area Units Square Feet
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Internal Only
OriginalMLSID NWM2153442
Street Number 1 5907
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* Excluded Features
List By
Chris Fiori

Listing Agent

Heartland Llc

Broker

Affordability Calculator

$83,824
Per Month
100%
0%
0%
Monthly Principal & Interest
$83,824
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/22/2023$12,000,000 Listed Price

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5907 Martin Luther King Jr Way S, Seattle, WA, 98118 is a Lots and Land for sale at $12,000,000 with a lot size of 1.872. 5907 Martin Luther King Jr Way S is a studio with 0.0 baths. The property's zip code is 98118 which is in Seattle, WA

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