University District Land for Sale

University District Land for Sale

The University District, located in Washington state, is a vibrant and bustling neighborhood that offers a unique blend of academic, cultural, and residential experiences. Situated in the heart of Seattle, this neighborhood is home to the renowned University of Washington, which adds an intellectual and youthful energy to the area.

One of the key attractions of the University District is its proximity to various amenities and facilities. The neighborhood boasts a wide range of dining options, from trendy cafes to international cuisine, ensuring that residents and visitors alike can always find something to satisfy their taste buds. Additionally, the University District is known for its eclectic mix of shops, boutiques, and bookstores, making it a haven for shoppers and bookworms.

For nature enthusiasts, the University District offers easy access to the beautiful outdoors. The neighborhood is surrounded by parks and green spaces, providing ample opportunities for leisurely strolls, picnics, or outdoor activities. Just a short distance away is the scenic Lake Union, where residents can enjoy boating, kayaking, or simply soaking up the stunning views.

The University District is also well-connected to the rest of Seattle, with excellent public transportation options, including buses and light rail. This makes commuting to downtown Seattle or other parts of the city a breeze.

If you're looking for land for sale in the University District, you're in luck. This neighborhood offers a range of real estate options, from vacant lots for development to parcels with existing structures. Whether you're an investor looking to capitalize on the area's growth or a homeowner wanting to build your dream house, the University District has something to offer. Don't miss out on the opportunity to be a part of this vibrant and dynamic neighborhood.

Newest University District Land for Sale

$3,785,000
2558839 MLS ⋅ ACTIVE Status
Premier 10,000sqft University of Washington development site on Greek Row (PARKING LOT ONLY). Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached includes survey, geotech, arborist report, etc. Phase I available upon request (file size is too large to upload). Current monthly income from Diamond Parking Lease.

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$8,350,000
2556646 MLS ⋅ ACTIVE Status
Premier 20,000sqft University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by a non-profit and receives a substantial property tax exemption (20 day notice to vacate).

4626 21st Avenue NE, Seattle

Listing courtesy of Alchemy Real Estate.

$4,950,000
2549382 MLS ⋅ ACTIVE Status
Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.

4722 - 4730 15th Avenue NE, Seattle

Listing courtesy of Best Choice Realty LLC.

$2,490,000
2531005 MLS ⋅ ACTIVE Status
Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!

5520 University Way NE, Seattle

Listing courtesy of COMPASS.

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