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12564 33rd Ave NE
Seattle, WA 98125
Mixed-Use Redevelopment Opportunity · Land For Sale
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0.49 AC
Investment Highlights
- Centrally located in Seattle’s Lake City neighborhood, near retail, dining, and essential services.
- Within an urban growth corridor with zoning flexibility favoring mixed-use and higher-density projects.
- Situated in a high-demand residential catchment with ongoing redevelopment momentum.
- Strong connectivity to Lake City Way NE and swift access to I-5, supporting commuter efficiency.
- Accessible to public transit options and local bike infrastructure, bolstering community appeal.
Executive Summary
The parcel’s positioning within one of Seattle’s active redevelopment zones allows buyers to consider various build-out strategies, from multifamily housing to potential retail or office ground-floor configurations, subject to local zoning regulations. Proximity to Lake City Way NE, a key arterial, ensures steady visibility and vehicular access, while the neighborhood’s established infrastructure supports urban density projects.
As Seattle continues to promote infill development and sustainable urban growth, this property presents an excellent platform for developers or investors looking to secure a site in a rapidly evolving submarket.
Property Facts
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 0.49 AC |
| Price Per AC | $9,183,673.47 |
| Price | $4,500,000 |
| Price Per AC | $9,183,673.47 |
| Lot Size | 0.49 AC |
Positioned in a growing urban setting with mixed-use development potential, the site is close to major transportation corridors and public transit, providing convenient access to downtown Seattle and the surrounding region.
Description
The parcel located at 12564 33rd Avenue NE in Seattle, Washington, is classified as land suitable for development. It is in proximity to Lake City Way NE, a primary arterial that serves as a retail and commercial hub in North Seattle. The site is accessible from other major city connectors and public transit points. Its location is within King County and part of the Seattle metro core, an area undergoing population and housing growth supported by city-level initiatives for increased density.
