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    Mountlake Terrace, WA Commercial Land for Sale

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    Lynnwood, WA Edmonds, WA Shoreline, WA
    Mountlake Terrace Development Assemblage Opportunity
    Contact for pricing
    1.94 Acres
    Mountlake Terrace Development Assemblage Opportunity

    6002-6006 232nd Pl SW, Mountlake Terrace, WA

    Unique development opportunity near future light rail station.
    • Prime development opportunity in Mountlake Terrace's Town Center Zoning District 1.
    • Located directly north of the new Sound Transit Lite Rail Station (estimated completion in 2024) providing access to Seattle, SeaTac, Lynnwood, Mercer Island, and Bellevue.
    • Large assemblage of 12 parcels totaling 128,501 SF of land.
    • Zoned TC‑1, allowing for various development possibilities.
    • Twelve single‑family homeowners are cooperating to sell the assemblage.
    Updated: Nov 24, 2025
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    Large Flat Lot Near Transit
    $995,000
    1.16 Acres
    Large Flat Lot Near Transit

    24205-24225 56th Ave W, Mountlake Terrace, WA

    50,530 SF lot near I-5 and transit center.
    • Large, flat lot perfect for development
    • Located within three minutes of the Mountlake Terrace Transit Center
    • Conveniently located within three minutes of I‑5
    • Two Tax IDs: 00489300003400; 00489300003501
    • Large lot size of 50,530 SF
    Updated: Dec 6, 2017
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Mountlake Terrace, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Vacant Land Development Opportunity
    $300,000
    0.33 Acres
    Vacant Land Development Opportunity

    Vacant land near Shoreline North Light Rail Station.

    18800 10th Avenue NE #1, Shoreline, WA 98155

    View details
    Edmonds Way Commercial Development Site
    $999,000
    0.33 Acres
    Edmonds Way Commercial Development Site

    Commercial land in Edmonds with existing building and development potential.

    23631 Edmonds Way, Edmonds, WA 98026

    View details
    Development Site in Edmonds
    $1,200,000
    0.60 Acres
    Development Site in Edmonds

    26,136 SF vacant land with flexible zoning.

    23601 Edmonds Way #Tract 3, Edmonds, WA 98020

    View details
    Prime Land Near Light Rail
    $2,500,000
    0.27 Acres
    Prime Land Near Light Rail

    Development opportunity near upcoming Sound Transit station in Shoreline.

    18516 8th Ave NE, Shoreline, WA 98155

    View details

    Off-Market Properties in Mountlake Terrace, WA

    Consider similar Off-Market properties in Mountlake Terrace, 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.

    Mountlake Terrace, WA 98043
    VACANT COMMERCIAL LAND
    Lot: 0.12 Acres
    Estimated value
    $1,315,000

    Mountlake Terrace, WA 98043

    View details
    21210 44th W Ave
    VACANT COMMERCIAL LAND
    Lot: 0.47 Acres
    Value Estimation by Request

    21210 44th W Ave, Mountlake Terrace, WA 98043-6521

    View details
    Mountlake Terrace, WA 98043
    VACANT COMMERCIAL LAND
    Lot: 0.33 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

    View details
    Mountlake Terrace, WA 98043
    VACANT COMMERCIAL LAND
    Lot: 0.12 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

    View details
    Mountlake Terrace, WA 98043
    VACANT COMMERCIAL LAND
    Lot: 0.51 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

    View details

    Mountlake Terrace, WA Commercial Land Market Trends and Statistics

    Explore 7 commercial land for sale in Mountlake Terrace, WA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for commercial lots in Mountlake Terrace, WA start at $0.00, averaging $497,500, and reaching up to $995,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 2

    Demographics Overview

    Population 21K
    Population Growth (5Y) +1.4%
    Median Household Income $101,408
    College Educated 56.6%

    Taxes & Financing

    Tax Rate (average for all types) 0.63%
    Property Tax per SF $3.40 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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