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927 NW 57th St 0.11 Acres of Commercial Land Offered at $1,400,000 in Seattle, WA 98107
Investment Highlights
- Approved and shovel-ready
- Near transit, employment centers, and restaurants
Executive Summary
Builder/Investor/Developer Alert! Exceptional opportunity for a fully entitled, permits PAID, multifamily development in one of Seattle’s most desirable rental submarkets. Ballard Urban Village approved 26-unit apartment zoned LR2 (M1). benefits from zero parking requirements, delivering cost savings/improved project feasibility. Approved plans for a 4-story plus basement, Type V-A construction building featuring an efficient micro-unit / SEDU program optimized for strong rent-per-square-foot performance. Unit sizes range approximately 225–330 square feet, each designed to meet or exceed Seattle code requirements for habitable space and storage. Includes indoor bike storage, shared outdoor amenity space, and thoughtfully integrated landscaping. Design Review and all SDCI permit corrections have been completed, with construction documents approved ready to issue. MHA requirements have been satisfied on-site, eliminating future affordability uncertainty. The architectural design features articulated façades, projecting bay windows, durable exterior materials, and residential-scaled massing that integrates seamlessly with the surrounding neighborhood. Situated near transit, major employment centers, restaurants, retail, and everyday amenities, this offering presents a rare opportunity for developers/investors seeking a shovel-ready, low-entitlement-risk apartment project in a high-demand Ballard location. All plans, approvals, and due diligence materials available upon request.
Property Facts
| Price | $1,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | ||
| Zoning | LR2 (M1) | ||
| Price | $1,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.11 AC |
| Zoning | LR2 (M1) |
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 0.11 AC |
| Price Per AC | $12,727,272.73 |
| Price | $1,400,000 |
| Price Per AC | $12,727,272.73 |
| Lot Size | 0.11 AC |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (91)
Property Taxes
| Parcel Number | 276810-0025 | Improvements Assessment | $0 |
| Land Assessment | $1,203,000 | Total Assessment | $1,203,000 |
Property Taxes
Parcel Number
276810-0025
Land Assessment
$1,203,000
Improvements Assessment
$0
Total Assessment
$1,203,000
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Contact the Sale Advisor
927 NW 57th St
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