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For Sale13 Days
$12,000,000

5907 Martin Luther King Jr Way
Seattle, WA 98118

Land For Sale
1.87 Acre Lot
    • 1of2
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    Heartland LLC

    Provided by Northwest Multiple Listing Service, 2024.

    Description for 5907 Martin Luther King Jr Way, Seattle, WA 98118

    For Sale> King> Seattle> 98118

    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.

    Property Details

    Listing Details
    For Sale
    Land
    Land
    None
    For Sale
    NWM2153442
    $12,000,000
    11/15/2024
    Single Family
    NWM124068
    Location Information
    US
    WA
    King
    Seattle
    98118
    Martin Luther King Jr
    5907
    Way
    Hillman City
    W123° 42' 42.4''
    N47° 32' 57.5''
    5907 Martin Luther King Jr Way S, Seattle, WA 9811
    380 - Southeast Seattle
    S
    Yes
    Garage/Parking
    No
    No
    Exterior Features
    No
    No
    WaterFront and WaterAccess
    No
    Land Info
    1.87 Acre
    Nw
    2224049028
    Monthly
    Paved
    Utilities
    On Property
    HOA Info
    Monthly
    No
    Rental Info
    Monthly
    Listing Information
    Heartland LLC
    Chris Fiori
    450
    NWM7056
    Nwmls
    $12,000,000
    11/14/2024 17:13:21
    Multi Family
    Electricity Connected
    Available,On Property
    Seattle

    Price History

    Source: MLS
    DateEventPriceSource
    2024-11-15For Sale$12,000,000MLS
    Get Price Alert

    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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