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2363 NW 80th St 0.98 Acres of Commercial Land Offered at $9,500,000 in Seattle, WA 98117
Investment Highlights
- Three contiguous parcels create a combined 42,434-square-foot development site within Seattle's Ballard neighborhood.
- Existing alley access provides additional site circulation and development flexibility.
- Preliminary massing concepts indicate potential for a multifamily project with ground-floor commercial uses.
- NC2P-55 zoning supports mixed-use residential and commercial development opportunities.
- The property is positioned near neighborhood retail amenities, public transportation options, and established commercial activity.
- Ballard's walkable urban environment and proximity to major Seattle employment centers support long-term demand fundamentals.
Executive Summary
Ewing & Clark is excited to offer this dynamic development site at the corner of 24th Ave. NW and 80th Street NW. This site consists of three adjacent parcels, for a combined lot size of 42,434 square feet zoned NC2P-55. The parcels contain a low-density office building, a cleared infill parking lot and an automotive shop, which combined offer developers a versatile multi-use, multi-family development canvas. This location in Crowne Hill/Ballard offers several retail amenities in the surrounding neighborhood, convenient public transit access, and territorial views from the Puget Sound to Ballard.
Property Facts
| Price | $9,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.98 AC |
| Zoning | NC2P-55 | ||
| Price | $9,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.98 AC |
| Zoning | NC2P-55 |
1 Lot Available
Lot
| Price | $9,500,000 | Lot Size | 0.98 AC |
| Price Per AC | $9,693,877.55 |
| Price | $9,500,000 |
| Price Per AC | $9,693,877.55 |
| Lot Size | 0.98 AC |
Description
The property consists of three adjacent parcels located at 2363 NW 80th Street and 7800 24th Avenue NW in Seattle, Washington. The combined site contains approximately 42,434 square feet and is zoned NC2P-55. Existing improvements include an office building, a parking lot, and an automotive shop. Offering materials identify mixed-use residential and commercial redevelopment as the anticipated future use. The site is located within the Ballard neighborhood and has access from 24th Avenue NW and an adjacent alley.
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Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $825,600 | |
| Land Assessment | $8,479,900 | Total Assessment | $9,305,500 |
Property Taxes
Parcel Numbers
Land Assessment
$8,479,900
Improvements Assessment
$825,600
Total Assessment
$9,305,500
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2363 NW 80th St
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