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SOUTHWEST SEATTLE<br />
24-TOWNHOME<br />
DEVELOPMENT<br />
OPPORTUNITY<br />
110xx and 11019 14th Ave SW<br />
Seattle, Wa 98146<br />
Offered by Shannon Renner at Blueprint Sales group/RSVP Real Estate
02<br />
HIGHLIGHTS<br />
GENERAL<br />
Blueprint Sales Group/RSVP Real Estate is pleased to exclusively<br />
offer for sale this southwest Seattle<br />
development site.<br />
This offering will include civil permitting (buyer to pick up and pay<br />
for the issuances) as well as preliminary registered building plans<br />
and preliminary architectural concept plans. Buyer to submit for<br />
building plan approvals and pay for building plan issuances.<br />
The site is located in a highly emerging community with easy<br />
access to all the major arterials. A buyer should be able to start<br />
site development Fall 2021 and be ready for market in late<br />
Spring/Early Summer 2022.<br />
Offering Price: $2,950,000<br />
59,670 SF flat lot (2 parcels) in an established residential neighborhood<br />
Civil Permits included in this offering (buyer to pick up and pay for<br />
them) with an estimated September 2021 issuance.<br />
Building permits are not included. To-date architectural plans are<br />
90% completed and will be supplied to the buyer for all 8<br />
buildings of this 24-townhome project. Ryan Rhodes Design is the<br />
architect. Plan update opportunities are still available for the<br />
buyer to do on their own.<br />
May 2021<br />
Buyer is able to start breaking ground Fall 2021!!<br />
All information has been secured from sources we believe are reliable, but we make no representations as to the accuracy<br />
of this information. Buyer must verify all information.
DETAILS<br />
OFFERING<br />
A tremendous development opportunity being<br />
offered in the emerging community of southwest<br />
Seattle. This 24-townhome community lies in an<br />
established residential neighborhood within walking<br />
distance of many services and amenities.<br />
03<br />
This offering includes the seller obtaining civil<br />
permit issuances with the buyer picking up the final<br />
civil permits. This offering also includes all<br />
previously submitted or conceptualized building<br />
plans which are over 90% completed. Final Building<br />
Permits are not included.<br />
There are 8 buildings to this community...all<br />
designed by Ryan Rhodes Designs. Currently,<br />
building 2 has conceptual designs drawn for those 3<br />
homes. The other 7 buildings are ready for code<br />
updates and then submittal/resubmittal.<br />
The plans that have been designed for this<br />
community are 3+ bedroom townhomes that are<br />
designed around today's modern buyer. Plans<br />
range from 1600 - 2000 SF. Most include garages<br />
and some include rooftop terraces or covered<br />
balcony spaces. The site plan itself offers a<br />
community gathering space adjacent to an<br />
attractive culdesac entrance.<br />
Offers are now being accepted on this<br />
opportunity. Additional information is<br />
available for review<br />
Real Estate Listing Presentation May 2021
04<br />
SEATTLE<br />
SOUTHWEST<br />
HIGHLIGHTS<br />
COMMUNITY<br />
Market Pricing & Affordability<br />
The southwest Seattle area is consistently seeing an over<br />
8% YOY average market pricing increase. Market demand<br />
is driving this area. There are 150+ new housing starts still<br />
coming with the help of the latest upzoning changes.<br />
One of Seattle's largest master planned communities,<br />
Greenbridge, has helped escalate pricing for developers<br />
in this area while also creating a sense of place for<br />
community members. When Greenbridge is completed,<br />
there will be over 3000 residents living there.<br />
Greenbridge is located within a mile of this site.<br />
Reputable builders such as Greenbuild, Sage Homes, Eco<br />
Builders, Conner Homes , Blue Fern Homes, MRN Homes<br />
and BDR Homes have recognized this area's growth<br />
opportunity with their own projects. The downtown core<br />
area of White Center is seeing many new construction<br />
townhome projects come to fruition.<br />
Local Business Growth<br />
Many well-known Seattle business owners are either relocating<br />
or adding additional locations within this area.<br />
Names such as Lil Woody's, Drunky Two Shoes, Full Tilt Ice<br />
Cream, Bizarro Italian Cafe, Target, Mod Pizza, Bed Bath<br />
and Beyond, Fresh Flours and so many more can be found<br />
in this community. The Westwood Village Shopping<br />
Center incurred a tremendous facelift and has been a<br />
shopping destination for most of the area community. This<br />
development opportunity is within a 2 mile radius.<br />
Community members enjoy the Westcrest off-leash dog park,<br />
Healthy Outdoor Spaces<br />
go swimming at Lincoln Park's outdoor saltwater waterfront<br />
pool or catch a game at the Steve Cox memorial Park. Alki<br />
Beach is only a 12 minute drive. Both walkable and safe,<br />
southwest Seattle provides many gathering spaces for its<br />
community members.
05<br />
Alki Beach<br />
Greenbridge<br />
Westwood<br />
Shopping Center<br />
Development<br />
Site<br />
Development<br />
Site<br />
Downtown<br />
Seattle<br />
Bellevue<br />
Development<br />
Site<br />
Location, Location<br />
Location,<br />
This 24-townhome location is perfect for telecommuters (SeaTac is only 14 minutes away), as well as<br />
downtown Seattle and Bellevue commuters. Many Microsoft and Amazon workers have been relocating to<br />
the southwest Seattle area based on its offerings of affordability, walkability, accessible greenspaces and<br />
water amenities.<br />
Both Microsoft and Amazon operate shuttle services. King County Metro has just installed 2 Rapid C-Line<br />
stops within a 4 minute drive from this location. This area is also set for the Rapid H-Line route in 2022.<br />
The West Seattle Water Taxi System is only 10 minutes and takes riders on a quick 10 minute ride to<br />
downtown Seattle. The Fauntleroy Ferry Terminal is 7 minutes to the west and takes riders to both Vashon<br />
Island Real Estate as well Listing as the Presentation Olympic Peninsula. Lastly, the Tukwila Light Rail Station is only a 12 minute drive May from 2021<br />
this future community.
06<br />
2 Tax Parcels Included<br />
Parcel # 345100-0370 is 39,520 SF<br />
Parcel # 345100-0380 is 20,150 SF<br />
Total SF is 59, 670<br />
Dimensions: 195' Frontage x 309' long<br />
Zoned: R-24
07<br />
501<br />
502<br />
503<br />
403<br />
402<br />
SITE PLAN<br />
401<br />
304<br />
303<br />
302<br />
301<br />
101<br />
102<br />
103<br />
104<br />
601<br />
602<br />
203<br />
202<br />
201<br />
603<br />
Community Green Space<br />
701<br />
702<br />
801<br />
802<br />
Buildings 1 and 3 are the same plans. Type A Plan. 3 bed + 2.5 bath + 1 car garage +<br />
1600 Ave SF. 8 total Units of this plan type. Plans are registered with the county and need<br />
to be updated with the new code changes and resubmitted for approval.<br />
Buildings 4, 5, and 6 are the same plans. Type B Plan. 3 bed + 2.5 bath + 1 car garage +<br />
1710 Ave SF. 9 total units of this plan type. Plans are not yet registered with the county and<br />
need to be updated with the new code changes and submitted for approval.<br />
Buildings 7 and 8 are the same plans. Type C Plan. 3 bed + 2.5 bath + 1 car garage +<br />
1841 Ave SF. 4 total units of this plan type. Plans are registered with the county and need<br />
to be updated with the new code changes and resubmitted for approval.<br />
Building 2. Type D Plan. 3-4 Beds + 3.25 baths + parking. 3 total units of this plan type.<br />
Conceptual plans are completed and a new permit set needs to be created and submitted<br />
for review with the new code changes.
1 DETAILS<br />
BUILDING<br />
Building 1 consists of 4 units that average 1600 SF.<br />
08<br />
There are 2 end units plus 2 interior units. All 4 homes<br />
face East and West with front street curb appeal. All<br />
homes include a 1-car garage . Bedrooms are located on<br />
both the entr level (1 bedroom) as well as the 3rd level (2<br />
bedrooms). The lifestyle levels include 3/4 bathrooms +<br />
kitchen islands + large great rooms. The upper bedroom<br />
level offers 1.75 bathrooms + laundry room + 2 walk in<br />
closets. Rooftop decks complete the homes.<br />
Total Building SF: 6414 SF with a conservatively estimated<br />
$386/PSF Ave Selling Price<br />
1600 SF<br />
Ave<br />
3<br />
Bedrooms<br />
2.5<br />
Bathrooms<br />
1 Car<br />
Garage<br />
2 DETAILS<br />
BUILDING<br />
Building 2 consists of 3 units that average 1917 SF.<br />
There are 2 end units plus 1 interior units. All 3 homes face<br />
South and North with front culdesac curb appeal. All homes<br />
include 2 parking spaces/home . Bedrooms are located on<br />
both the entry level (1 bedroom) as well as the 3rd level (2<br />
bedrooms). The entry levels also include additional flex<br />
spaces + large foyer + walk in laundry in some units. The<br />
lifestyle levels include large greatrooms + 1/2 baths + kitchen<br />
islands and large covered balconies. The upper bedroom<br />
May 2021<br />
levels are finished with 1.75 baths + master ensuite and either<br />
additional storage or a laundry room on that level.<br />
Total Building SF: 5751 SF with a conservatively estimated<br />
$352/PSF Ave Selling Price<br />
1917 SF<br />
Ave<br />
3 & 4<br />
Bedrooms<br />
3.25<br />
Bathrooms<br />
2 parking<br />
spaces
3 DETAILS<br />
BUILDING<br />
Building 3 consists of 4 units that average 1600 SF.<br />
09<br />
There are 2 end units plus 2 interior units. All 4 homes face<br />
East and West with front street curb appeal. All homes<br />
include a 1-car garage . Bedrooms are located on both the<br />
entry level (1 bedroom) as well as the 3rd level (2 bedrooms).<br />
The lifestyle levels include 3/4 bathrooms + kitchen islands<br />
+ large great rooms. The upper bedroom level offers 1.75<br />
bathrooms + laundry room + 2 walk in closets. Rooftop<br />
decks complete the homes.<br />
Total Building SF: 6414 SF with a conservatively estimated<br />
$386/PSF Ave Selling Price<br />
1600 SF<br />
Ave<br />
3<br />
Bedrooms<br />
2.5<br />
Bathrooms<br />
1 Car<br />
Garage<br />
4 DETAILS<br />
BUILDING<br />
Building 4 consists of 3 units that average 1709 SF<br />
.<br />
There are 2 end units plus 1 interior unit. All 3 homes face<br />
South and North with front culdesac curb appeal. All homes<br />
include a 1-car garage . Bedrooms are located on both the<br />
entry level (1 bedroom) as well as the 3rd level (2 bedrooms).<br />
The lifestyle levels include 1/2 or 3/4 bathrooms + kitchen<br />
islands + large great rooms. The upper bedroom level offers<br />
1.75 bathrooms + laundry room + a master bedroom ensuite.<br />
May 2021<br />
Total Building SF: 5129 SF with a conservatively estimated<br />
$382/PSF Ave Selling Price<br />
1709 SF<br />
Ave<br />
3<br />
Bedrooms<br />
2.5<br />
Bathrooms<br />
1 car<br />
garage
5 DETAILS<br />
BUILDING<br />
Building 5 consists of 3 units that average 1709 SF.<br />
There are 2 end units plus 1 interior unit. All 3 homes face<br />
East and West with front culdesac curb appeal. All homes<br />
include a 1-car garage . Bedrooms are located on both the<br />
entry level (1 bedroom) as well as the 3rd level (2 bedrooms).<br />
The lifestyle levels include 1/2 or 3/4 bathrooms + kitchen<br />
islands + large great rooms. The upper bedroom level offers<br />
1.75 bathrooms + laundry room + a master bedroom<br />
ensuite.<br />
10<br />
Total Building SF: 5129 SF with a conservatively estimated<br />
$382/PSF Ave Selling Price<br />
1604 SF<br />
Ave<br />
3<br />
Bedrooms<br />
2.5<br />
Bathrooms<br />
1 Car<br />
Garage<br />
6 DETAILS<br />
BUILDING<br />
Building 6 consists of 3 units that average 1709 SF<br />
There are 2 end units plus 1 interior unit. All 3 homes face East<br />
and West with front culdesac curb appeal. All homes include<br />
a 1-car garage . Bedrooms are located on both the entry level<br />
(1 bedroom) as well as the 3rd level (2 bedrooms). The lifestyle<br />
levels include 1/2 or 3/4 bathrooms + kitchen islands + large<br />
great rooms. The upper bedroom level offers 1.75 bathrooms<br />
+ laundry room + a master bedroom ensuite.<br />
May 2021<br />
Total Building SF: 5129 SF with a conservatively estimated<br />
$382/PSF Ave Selling Price<br />
1709 SF<br />
Ave<br />
3<br />
Bedrooms<br />
2.5<br />
Bathrooms<br />
1 car<br />
garage
BUILDING 7 DETAILS<br />
Building 7 is a duplex with each unit averaging 1841 SF<br />
This duplex faces North and South with front culdesac curb<br />
appeal. All homes include a 1-car garage . Bedrooms are<br />
located on both the entry level (1 bedroom) as well as the<br />
3rd level (2 bedrooms). The entry level also includes a 3/4<br />
bathroom. The lifestyle levels are designed with walk in<br />
pantries + kitchen islands + Large greatrooms + covered<br />
outdoor decks. The upper bedroom levels include a very<br />
large master bedroom with ensuite as well as a large 2nd<br />
bedroom. Both with large walk in closet features and and<br />
upper level laundry room.<br />
11<br />
Total Building SF: 3682 SF with a conservatively estimated<br />
$367/PSF Ave Selling Price<br />
1841 SF<br />
Ave<br />
3<br />
Bedrooms<br />
2.5<br />
Bathrooms<br />
1 Car<br />
Garage<br />
BUILDING 8 DETAILS<br />
Building 8 is a duplex with each unit averaging 1841 SF<br />
This duplex faces North and South with front culdesac curb<br />
appeal. All homes include a 1-car garage . Bedrooms are<br />
located on both the entry level (1 bedroom) as well as the 3rd<br />
level (2 bedrooms). The entry level also includes a 3/4<br />
bathroom. The lifestyle levels are designed with walk in<br />
pantries + kitchen islands + Large greatrooms + covered<br />
outdoor decks. The upper bedroom levels include a very large<br />
master bedroom with ensuite as well as a large 2nd bedroom.<br />
Both with large walk in closet features and and upper level<br />
laundry room.<br />
May 2021<br />
Total Building SF: 3682 SF with a conservatively estimated<br />
$367/PSF Ave Selling Price<br />
1841 SF<br />
Ave<br />
3<br />
Bedrooms<br />
2.5<br />
Bathrooms<br />
1 car<br />
garage
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