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Mercer Island, WA Commercial Land for Sale

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Mercer Island Development Site
$4,950,000
3,683 SF

Mercer Island Development Site

3003 Island Crest Way, Mercer Island, WA 98040

Prime development site on Mercer Island with high visibility.

  • Prime development site on Mercer Island.
  • Zoning allows for Multifamily, Office, Medical, Retail, and Mixed Use.
  • Highly visible corner location on Island Crest Way.
  • Proximity to transit: an 8‑minute walk to Mercer Island Link Light Rail Extension (opening 2024).
  • Utilities on site.
Updated: Mar 6
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Mercer Island Development Opportunity
$4,950,000
3,683 SF

Mercer Island Development Opportunity

3003 Island Crest Way, Mercer Island, WA 98040

Prime development site near future light rail station.

  • Prime development site on Mercer Island.
  • Multifamily 2 (MF‑2) zoning allows for Multifamily, Office, Medical, Retail, and Mixed‑Use development.
  • Highly visible corner location along Island Crest Way.
  • Just an 8‑minute walk to the new Mercer Island Link Light Rail Extension (opening in 2024).
  • Land area of 19,169 SF / 0.44 acre.
Updated: Jan 27
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Mercer Island, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bellevue TOD Site Opportunity
Contact for pricing
29,136 SF

Bellevue TOD Site Opportunity

Prime transit-oriented development site near Wilburton light rail station.

605 119th Ave NE, Bellevue, WA 98005
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Prime Downtown Bellevue Development Site
$10,000,000

Prime Downtown Bellevue Development Site

Two-parcel development site near Downtown Bellevue Park and transit.

119 107th Ave SE, Bellevue, WA 98004
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Columbia City Development Opportunity
$350,000
0.50 Acres

Columbia City Development Opportunity

Two parcels with LR3 zoning near light rail.

3939 S Farrar Street, Seattle, WA 98118
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Rainier Avenue Mixed-Use Development Opportunity
$2,700,000
0.35 Acres

Rainier Avenue Mixed-Use Development Opportunity

15,131 SF lot zoned for mixed-use development.

4103 Rainier Avenue S, Seattle, WA 98118
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Explore Off-Market Properties in Mercer Island, WA

Consider similar Off-Market properties in Mercer Island, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8475 Mercer Way

8475 Mercer Way

VACANT COMMERCIAL LAND • 37,104 SF
Value Estimation
$11,350,000
8475 Mercer Way, Mercer Island, WA 98040-5632
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3828 Greenbrier Ln

3828 Greenbrier Ln

VACANT COMMERCIAL LAND • 0.01 Acres
Value Estimation by Request
3828 Greenbrier Ln, Mercer Island, WA 98040-3728
View details
7645 Sunset Hwy

7645 Sunset Hwy

VACANT COMMERCIAL LAND • 13,152 SF
Value Estimation
$1,895,000
7645 Sunset Hwy, Mercer Island, WA 98040-2824
View details
9200 36th Pl

9200 36th Pl

VACANT COMMERCIAL LAND • 1.34 Acres
Value Estimation by Request
9200 36th Pl, Mercer Island, WA 98040-3737
View details
Mercer Island, WA 98040

Mercer Island, WA 98040

VACANT COMMERCIAL LAND • 0.08 Acres
Value Estimation by Request
Mercer Island, WA 98040
View details

Mercer Island, WA Commercial Land Investment Opportunities Market Analysis

Explore 7 commercial land for sale in Mercer Island, WA on our real estate platform. These investment opportunities span a total of 7,366 square feet of properties for sale, with an estimated market value of $9,900,000.

Sale prices for commercial lots in Mercer Island, WA start at $4,950,000, averaging $4,950,000, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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