Commercial

Mountlake Terrace, WA Commercial Land for Sale

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Shoreline, WA Edmonds, WA Lynnwood, WA Seatac, WA Seattle, WA Kenmore, WA Bothell, WA Snohomish, WA
Mountlake Terrace Development Assemblage Opportunity
Updated: Nov 24, 2025
Mountlake Terrace Development Assemblage Opportunity

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

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1.94 AC lot
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.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

Commercial Land with Double-Corner Frontage
Commercial Land with Double-Corner Frontage

24015 84th Avenue West, Edmonds, WA 98026

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25,700 sqft

Double-corner commercial land with vehicle sales and storage capability, modern office, and pylon signage on three streets.

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Prime Land Near Light Rail
Prime Land Near Light Rail

18516 8th Ave NE, Shoreline, WA 98155

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0.27 AC lot

Development opportunity near upcoming Sound Transit station in Shoreline.

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Prime Land Near Light Rail
Prime Land Near Light Rail

18510 8th Ave NE, Shoreline, WA 98155

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0.23 AC lot

9,910 SF parcel near upcoming light rail station.

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Mixed-Use Development Land Parcel
Mixed-Use Development Land Parcel

21825 Hwy 99, Edmonds, WA 98026

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Development land with an existing concept for multi-story mixed-use and structured parking.

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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

Mountlake Terrace, WA 98043

$1,315,000
Estimated value
0.12 AC lot
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21210 44th W Ave
VACANT COMMERCIAL LAND

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

Value Estimation by Request
0.47 AC lot
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Mountlake Terrace, WA 98043
VACANT COMMERCIAL LAND

Mountlake Terrace, WA 98043

Value Estimation by Request
0.33 AC lot
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Mountlake Terrace, WA 98043
VACANT COMMERCIAL LAND

Mountlake Terrace, WA 98043

Value Estimation by Request
0.12 AC lot
View details
Mountlake Terrace, WA 98043
VACANT COMMERCIAL LAND

Mountlake Terrace, WA 98043

Value Estimation by Request
0.51 AC lot
View details

Mountlake Terrace, WA Commercial Land Market Trends and Statistics

Explore 6 commercial land for sale in Mountlake Terrace, WA on our real estate platform. These investment opportunities span a total of 84,589 square feet of properties for sale.

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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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