Rare investment opportunity in the heart of the University District. One of only two undeveloped parcels on the block—ideal for long-term hold or future development. Currently leased at $8,500/month through 8/31/2025, with rent increasing to $8,925/month through 8/31/2026. Zoned LR3 (M), allowing for multifamily or mixed-use potential. Surrounded by new developments and just blocks from UW campus, light rail, shops, and restaurants. High-demand rental area with strong income and appreciation potential. Tremendous value in land—don’t miss this chance to secure a prime spot in one of Seattle’s hottest submarkets!