3910 NE 51st St | Seattle, WA 98105
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- LoopNet Team
3910 NE 51st St
Seattle, WA 98105
Laurelhurst Townhomes · Land For Sale
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0.11 AC
INVESTMENT HIGHLIGHTS
- In the 98105 ZIP code, average home values have risen to over $1.186M, a 4.2% increase over the past year
- Prelim analysis supports the development of 5 townhomes averaging 1,344 SF each, with expedited permitting timelines anticipated
- Located just 1.1 miles from the University of Washington campus providing walking & bike access to the U District light rail station & Husky Stadium
- The property currently operates as a fully occupied duplex generating over $55K in annual net income during the planning & permitting phase of redev
- Easy access to I-5 & Highway 520 connects residents to top employers, including Amazon, Google, UW Med Center, and more
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.11 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Proposed Use | Multifamily | ||
| Zoning | LR2 (M) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.11 AC |
| No. Stories | 2 |
| Zoning | LR2 (M) |
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