$ 2,200,000
18516 8th AVE NE Shoreline, WA 98155
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Listed by Windermere R.E. Shoreline
$ 2,200,000
Est. payment /mo
Active
18516 8th AVE NE Shoreline, WA 98155
0.27 Acres Lot
UPDATED:
11/15/2024 12:18 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision North City
MLS Listing ID 2278911
Style 42 - Multi-Family
Annual Tax Amount $11,167
Lot Size 0.269 Acres
Property Description
Prime 11,739 SF parcel steps from Sound Transit 185th St Light Rail Station (Aug 31, 2024). Surrounded by 6 parcels (79,732 SF total) listed for sale, rapidly developing MUR70-zoned area. Ideal for foot traffic and business with the upcoming station. Unlock development potential with up to 140' feet allowed per City of Shoreline programs. Convenient access to Seattle. Anticipate value surge with imminent station opening. Combine some or all 7 parcels for significant development. Construct a 400+/- unit multifamily building to meet the growing demand in the area. Ready-to-go infrastructure on 8th Ave Ne & 185th St saves on development costs. Existing homes offer immediate rental income. Listed price reflects this one parcel.
Location
State WA
County King
Area 720 - Lake Forest Park
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
Waterfront No
View Y/N No
Building
Lot Description Corner Lot, Paved
Sewer On Property
Water On Property
Schools
School District Shoreline
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
"Three Trees" icon indicates a listing provided courtesy of NWMLS.