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    Mountlake Terrace, WA
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    Mountlake Terrace, WA Land for Sale

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    Shoreline, WA Edmonds, WA Lynnwood, WA Seatac, WA Seattle, WA Kenmore, WA Bothell, WA Arlington, WA
    Land for Sale
    Updated: Mar 8
    Land for Sale

    24205 - 24225 56th Ave W, Mountlake Terrace, WA 98043

    $995,000
    50,530 sqft 1.16 AC lot
    Land available for sale.
    Located in Mountlake Terrace, Washington.
    Property was originally built in 1961.
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    Mountlake Terrace Development Assemblage Opportunity
    Updated: Nov 24, 2025
    Mountlake Terrace Development Assemblage Opportunity

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

    Contact for pricing
    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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    Mountlake Terrace Land For Sale
    Mountlake Terrace Land For Sale

    6810 220th Street SW, Mountlake Terrace, WA 98043

    $8,000,000
    31,170 sqft

    Land available in Mountlake Terrace, Washington.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Development Assemblage Near Light Rail
    Development Assemblage Near Light Rail

    6002 232nd Pl SW, Mountlake Terrace, WA 98043

    Contact for pricing
    128,501 sqft 2.95 AC lot

    Unique development opportunity near upcoming Sound Transit Light Rail Station.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 4 Active listings in Mountlake Terrace, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

    LAND
    LAND

    2902 NE 200th St, Shoreline, WA 98155

    Contact for pricing
    0.70 AC lot

    Residential land & home lots · 0.70 Acres

    View details
    Vacant Land
    Vacant Land

    87 Xx 236th St SW, Edmonds, WA 98026

    $595,000

    Residential land & home lots

    View details
    Land
    Land

    2902 NE 200th Street, Shoreline, WA 98155

    $1,699,000

    Residential land & home lots

    View details
    Mixed-Use Development Land Parcel
    Mixed-Use Development Land Parcel

    21825 Hwy 99, Edmonds, WA 98026

    Contact for pricing

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

    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

    Mountlake Terrace, WA 98043

    $1,315,000
    Estimated value
    0.12 AC lot
    View details
    54th W Ave
    INDUSTRIAL - VACANT LAND

    54th W Ave, Mountlake Terrace, WA 98043

    $220,000
    Estimated value
    0.81 AC lot
    View details
    23104 57th W Ave
    INDUSTRIAL - VACANT LAND

    23104 57th W Ave, Mountlake Terrace, WA 98043-4647

    $295,000
    Estimated value
    0.19 AC lot
    View details
    21210 44th W Ave
    VACANT COMMERCIAL LAND

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

    $255,000
    Estimated value
    0.47 AC lot
    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND

    Mountlake Terrace, WA 98043

    $280,000
    Estimated value
    0.18 AC lot
    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND

    Mountlake Terrace, WA 98043

    $260,000
    Estimated value
    0.20 AC lot
    View details
    6002 232Nd Pl
    Multifamily properties

    6002 232Nd Pl, Mountlake Terrace, WA 98043

    Value Estimation by Request
    128,501 sqft 2.95 AC lot
    View details
    Mountlake Terrace, WA 98043
    VACANT COMMERCIAL LAND

    Mountlake Terrace, WA 98043

    $245,000
    Estimated value
    0.33 AC lot
    View details
    Mountlake Terrace, WA 98043
    VACANT COMMERCIAL LAND

    Mountlake Terrace, WA 98043

    $245,000
    Estimated value
    0.12 AC lot
    View details
    Mountlake Terrace, WA 98043
    VACANT COMMERCIAL LAND

    Mountlake Terrace, WA 98043

    $235,000
    Estimated value
    0.51 AC lot
    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND

    Mountlake Terrace, WA 98043

    $240,000
    Estimated value
    2.64 AC lot
    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND

    Mountlake Terrace, WA 98043

    Value Estimation by Request
    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND

    Mountlake Terrace, WA 98043

    $240,000
    Estimated value
    0.34 AC lot
    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND

    Mountlake Terrace, WA 98043

    $245,000
    Estimated value
    0.37 AC lot
    View details

    Mountlake Terrace, WA Land Market Trends and Statistics

    Explore 18 land for sale in Mountlake Terrace, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 294,791 square feet of properties for sale, with an estimated market value of $8,995,000.

    Sale prices for lots in Mountlake Terrace, WA start at $995,000, averaging $4,497,500, and reaching up to $8,000,000 — 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%

    High-Yield Neighborhoods for Investment

    Identify Mountlake Terrace submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98043 $4.5M

    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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