Land for Sale in Seattle

Vacant lots provide unlimited opportunities to investors and developers. Teletare is one of the leading providers of land for sale in Seattle, making us a great partner for anyone looking at this type of investment. Our team of experienced commercial real estate brokers can help you find the perfect lot for your next project.

Seattle has one of the strongest real estate markets in the country, thanks to its top-ranked education, good cost of living, and great healthcare. On top of all of this, it’s also home to a number of large employers, including Amazon, Microsoft, and Starbucks.

Here’s everything you need to know about vacant land for sale in Seattle.

Types of Land Zoning

Before you finalize the purchase of any piece of land you need to determine what it’s zoned for. Some lots are zoned for residential housing, while others are zoned for specific types of commercial businesses.

Here are the different types of land zoning in Seattle:

• Single-Family Residential: Any lot with this designation can be used for single-family residential homes.

• Lowrise Multifamily: Land with this type of zoning can be used for cottages, row houses, townhouses, and apartment buildings. 

• Commercial: This land is meant for commercial businesses, such as shopping centers, office buildings, retail stores, restaurants, manufacturing facilities, and warehouses. Be aware that there are several different types of commercial zoning, so if you have a specific type of commercial space in mind be sure that your land is zoned for it

• Industrial: These lots are intended for activities such as light and heavy manufacturing, transportation and utility services, entertainment, and salvage and recycling. Just like commercial zoning, there are many different types of industrial zoning so make sure you’re 100% clear about what the land is zoned for.

When looking at any lots for sale in Seattle there are few additional things you’ll need to consider. Every property has a floor area ratio (FAR) it must adhere to. This is referred to the size of the floor area of a given structure in relation to the land it sits on. There will also be restrictions on how tall any buildings can be on the property.

Overall, every Seattle lot will have its own set of restrictions and permitted uses. In order to be absolutely sure what kind of development a piece of land is eligible for we recommend speaking to city officials.

How to Evaluate Land Property

For any piece of land in Seattle for sale, there are a number of factors you’ll need to consider to ensure you choose the right property. If anything is overlooked it could cause problems down the road and prevent you from maximizing your investment.

The first step is to hire a commercial real estate broker. In addition to helping you find vacant commercial lots, they can assist you with valuing the property, and negotiating a final sale price. They can also coordinate environmental inspections, which will help you determine if there is any soil or groundwater contamination.

You should also hire an architect. These professionals can help you assess a piece of land and let you know whether it will be able to accommodate the type of development you have planned.

Here are a few other things to consider when purchasing commercial land for sale in Seattle:

• Property Title: Inspect the property title to ensure there aren’t any issues with the chain of ownership. You’ll also be able to see whether the property has any liens or lawsuits against it.

• Topography: If a property is uneven or contains a large amount of vegetation there will be additional work required to prepare the land before you can start developing it.

• Water and Utilities: Check to see if the lot already has access to water, electricity, and other utilities. If not, this is one more thing you’ll have to take care of before building can commence.

Choosing the Location

As with any city, Seattle has a number of different areas and neighborhoods that all have their own demographics and unique personality. So, you’ll want to choose a location that suits the type of development you’re planning.

Here are a few areas to consider when looking at land for sale in Seattle, Washington:

• Capital Hill: Known as the center of the city’s LGBTQ community, the area is highlighted by beautiful historic houses, a variety of shops, and endless amounts of entertainment.

• Industrial District: As the name suggests, this is the center of most of Seattle’s industrial activity. It’s also where T-Mobile Park and CenturyLink Field are located.

• Interbay: Another industrial area in the city, this area includes BNSF’s  Railway’s Balmer Yard and Fisherman’s Terminal.

• University District: The area surrounding Washington University is filled with a number of shopping areas, restaurants, pubs, and theatres.

• West Seattle: The city’s largest neighborhood looks out onto the Pacific Ocean and includes a great mix of both quiet residential streets and commercial hubs.

Find the Right Land for Sale in Seattle

Are you looking for the right piece of land for your next development project? Our team can help you find a lot that meets all of your needs.