11049 8th Avenue NE | MLS #NWM2206942 | Prime Alliance Real Estate Services
 
Listing provided courtesy of Blue Pacific Real Estate - MLS# NWM2206942MLS Provider

11049 8th Avenue NESeattle, WA 98125

Vacant Land · 0.16 Acres

$1,375,000 Active

Overview

Time on Site:
10 days
Visits:
0

Development Opportunity in Seattle's rapidly transforming Northgate neighborhood. NC2-75(M1) zoned property. Minutes from Northgate Light Rail Station. All utilities available and connected to current dwelling on property. Current 2-story dwelling utilized as office, storage, and dwelling unit. Collect rents (currently rented at $4,000/mo) during entitlements. Ideal opportunity to invest in an area with dramatically evolving demographics. Site falls within the Northgate Urban Center overlay.

View Map

Facts & Features

  • Type Vacant Land
  • Lot 0.16 Acres

General

Association/HOA
  • Association Fee: $0.00
School Information
  • School District: Seattle
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
Location/Region
  • Country: US
  • County Or Parish: King
  • MLS Area Major: 710 - North Seattle
  • Subdivision Name: Northgate
Tax Information
  • Tax Annual Amount: $7,834.00
  • Tax Year: 2021
General Information
  • Buyers Agent Compensation: 2.5%
  • Parcel Number: 2926049375
  • Possible Use: Commercial,Multi-Family,See Remarks
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning Class: Commercial,Multi-Family,See Remarks

Interior

Building Interior
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
General Information
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • Living Area: 0
  • Living Area Units: Square Feet

Exterior

Lot Information
  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.1567
  • Lot Size Square Feet: 6828
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Available, In Street
Waterfront/View
  • View: No
  • Waterfront: No
Building Exterior/Construction
  • Structure Type: Multi Family
General Information
  • Carport: No
  • Electric On Property: Yes
  • Sewer: On Property
  • Utilities: Natural Gas Available, Electricity Connected

Neighborhood

Community

98125 (Seattle) Demographics
38
Median Age
6,834
Population Density (per sq. mile)
64%
College Educated
$78,263
Estimated Median Income
9,110
Estimated Total Home Owners
10,533
Estimated Total Renters
46% / 54%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
4
Public
Hazel Wolf K-8
  • Grades: KG - 8
  • Enrollment: 730
3
Public
John Rogers Elementary School
  • Grades: KG - 5
  • Enrollment: 324
2
Public
Northgate Elementary School
  • Grades: PK - 5
  • Enrollment: 254
3
Public
Olympic Hills Elementary School
  • Grades: PK - 5
  • Enrollment: 504
Middle Schools
4
Public
Hazel Wolf K-8
  • Grades: KG - 8 /
  • Enrollment: 730
4
Public
Jane Addams Middle School
  • Grades: 6 - 8 /
  • Enrollment: 997
High Schools
2
Public
Middle College High School
  • Grades: 9 - 12 /
  • Enrollment: 72
2
Public
Nathan Hale High School
  • Grades: 9 - 12 /
  • Enrollment: 1,147
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$908,285
Median Sales Price
$522
Median Price per Square Foot
308
Properties Sold
76
New on Market
29
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
4/3/2024Source: NWMLS Added to Database
April 03, 2024