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2030 NW 57th St
Seattle, WA 98107
2030-2034 NW 57th St Development Site · Land For Sale · 0.23 AC

INVESTMENT HIGHLIGHTS

  • • In-place monthly income of $15,000
  • • Both parcels are zoned Mid Rise Residential - MR RC (M)
  • • Year over Year rent growth in Ballard is forecast to reach 5.2% in 2025 Q3
  • • Feasibility Analysis show plans for an 8 level, 60+ unit, mid-rise apartment building
  • • Located in the the Ballard Hub (Urban Center) and in a Parking Flexibility Area - no parking is required
  • • Stabilized submarket vacancy rate of 5.1%

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.23 AC
No. Stories 2
Zoning MR RC (M) 80' height

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
276760-4940
Land Assessment
$1,450,000
Improvements Assessment
$70,000
Total Assessment
$1,520,000
  • Listing ID: 33288769

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 2030 NW 57th St, Seattle, WA 98107

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