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- LoopNet Team
9607 Aurora Ave N
Seattle, WA 98103
Licton Springs Development Site · Land For Sale
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0.42 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Mixed Use |
| Property Subtype | Commercial | Total Lot Size | 0.42 AC |
| Zoning | NC3P-75 (M) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.42 AC |
| Zoning | NC3P-75 (M) |
DESCRIPTION
Aurora-Licton Springs is one of Seattle’s many urban villages, an economic solution to fast growth in a quickly expanding city. There are currently 99 multifamily development projects proposed that will add 13,177 units for population growth, and 29 projects under construction. Approximately, 32,000 residents live within one mile of Aurora. 80% of residents hold white-collar jobs, and the median income is $105,678. Both metrics are forecast to increase within the next five years. Zipping through charming shops is the Aurora Ave N Corridor, one of the most driven roads in the city of Seattle. Redevelopment has been a topic over the past two decades, and new funding from the city’s Vision Zero campaign and the state’s Move Ahead WA transportation package portends future changes; plans to redesign sidewalks and streets along the corridor in addition to creating of paths for bicyclists and pedestrians in different parts of the urban village are underway, and Aurora is slowly transforming into a more people-focused space connected by safer transportation options.
PROPERTY TAXES
| Parcel Number | 026300-0120 | Improvements Assessment | $1,000 |
| Land Assessment | $1,912,400 | Total Assessment | $1,913,400 |
PROPERTY TAXES
