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3601 14th Ave S
Seattle, WA 98144
N Beacon Hill Development Site · Land For Sale
·
0.33 AC
Investment Highlights
- LR3(M) Zoned, 14,400 Sqft Lot
- Frequent Transit Zone
- One Block from Jefferson Park & Golf Course
Executive Summary
This offering features a 14,400 square foot lot with LR3(M) zoning, ideally located in Seattle’s highly sought-after North Beacon Hill submarket—less than 1.5 miles from the Seattle Central Business District, one of the fastest-growing employment centers in the nation.
The property presents a compelling opportunity for a range of development strategies, including SEDUs, multifamily apartments, or townhomes. Existing improvements include a vacant 8-unit apartment building, positioning the site closer to shovel-ready status and reducing upfront entitlement timelines. Preliminary massing studies indicate the site’s highest and best use as a new five-story building featuring approximately 61 SEDUs, with average unit sizes of 290 square feet.
The property presents a compelling opportunity for a range of development strategies, including SEDUs, multifamily apartments, or townhomes. Existing improvements include a vacant 8-unit apartment building, positioning the site closer to shovel-ready status and reducing upfront entitlement timelines. Preliminary massing studies indicate the site’s highest and best use as a new five-story building featuring approximately 61 SEDUs, with average unit sizes of 290 square feet.
Property Facts
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Property Type | Land | No. Stories | 2 |
| Property Subtype | Residential | Opportunity Zone |
Yes
|
| Zoning | LR3(M) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.33 AC |
| No. Stories | 2 |
| Opportunity Zone |
Yes |
| Zoning | LR3(M) |
1 Lot Available
Lot
| Price | $995,000 | Lot Size | 0.33 AC |
| Price Per AC | $3,006,042.30 |
| Price | $995,000 |
| Price Per AC | $3,006,042.30 |
| Lot Size | 0.33 AC |
120 x 120 lot dimensions, zoned LR3(M)
Property Taxes
| Parcel Number | 568000-0920 | Improvements Assessment | $1,000 |
| Land Assessment | $1,872,000 | Total Assessment | $1,873,000 |
Property Taxes
Parcel Number
568000-0920
Land Assessment
$1,872,000
Improvements Assessment
$1,000
Total Assessment
$1,873,000
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3601 14th Ave S - N Beacon Hill Development Site