Listed by Hunter Gaston, John L. Scott, Inc.
- Commercial Industrial
- Type
- 818,928 sq ft
- Lot
- 300
- Days on market
About this property
±18.8 Acre Multifamily Development Site. 300+ Units Possible. 13 tax parcels. Total assessed value is $5,948,800. Zoned R48PSO in unincorporated King County. ±7 net developable acres with 1,200 FT frontage on MLK Jr Way S. All utilities in street or adjacent. Unobstructed views of Mount Rainier, the Olympic Mountain Range & Foster Golf Course. Minutes to I-5, Boeing, Renton Landing, Light Rail & Sea-Tac. Call LA for tours and for more information. Seller-financing available.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2533413
- Listed
- October 31, 2025
- Days on market
- 300
Construction
- Style
- 62 - Business Opp.
- Structure
- Mixed Use
Lot
- Lot size
- 818,928 sq ft
Terms
- Terms offered
- CashOwner Will Carry
Utilities
- Water
- On Property
- Sewer
- On Property
- Power
- On Property
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- Mixed Use
- Cash
- Owner Will Carry
Listing history
Listed
$5,950,000
October 31, 2025
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$34,648
- Principal & interest
- $30,086
- Property tax (est.)
- $4,562
Assumes $1,190,000 down (20%), a $4,760,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 28, 2026 at 5:03 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.