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JRJeff ReynoldsCompass · Seattle

Listed by Hunter Gaston, John L. Scott, Inc.

Commercial Industrial
Type
818,928 sq ft
Lot
255
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

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Directions

Property details

Listing details

Listing number
#2533413
Listed
October 31, 2025
Days on market
255

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

What stands out to you?

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  • Mixed Use
  • Cash
  • Owner Will Carry

Listing history

  1. 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM 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.