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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 $1,947,806 CAD
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 $1,947,806 CAD
Price Per AC $17,707,326.63 CAD
Lot Size 0.11 AC
Very walkable
80/100
Fairly drivable
40/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
276810-0025
Land Assessment
$1,673,722 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,673,722 CAD
  • Listing ID: 39479570

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 927 NW 57th St, Seattle, WA 98107

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