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Mountlake Terrace, WA Land for Sale

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Lynnwood, WA Edmonds, WA Shoreline, WA Kenmore, WA Lake Forest Park, WA Seattle, WA Bothell, WA Kirkland, 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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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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Large Flat Lot Near Transit
Large Flat Lot Near Transit

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

$995,000
1.16 AC lot

50,530 SF lot near I-5 and transit center.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 5 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, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Vacant Land Development Opportunity
Vacant Land Development Opportunity

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

$300,000
0.33 AC lot

Vacant land near Shoreline North Light Rail Station.

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Edmonds Way Commercial Development Site
Edmonds Way Commercial Development Site

23631 Edmonds Way, Edmonds, WA 98026

$999,000
0.33 AC lot

Commercial land in Edmonds with existing building and development potential.

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Development Site in Edmonds
Development Site in Edmonds

23601 Edmonds Way #Tract 3, Edmonds, WA 98020

$1,200,000
0.60 AC lot

26,136 SF vacant land with flexible zoning.

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Prime Land Near Light Rail
Prime Land Near Light Rail

18516 8th Ave NE, Shoreline, WA 98155

$2,500,000
0.27 AC lot

Development opportunity near upcoming Sound Transit station in Shoreline.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

68 Acres Tillable Land For Sale
68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000
68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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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
View details
54th W Ave
INDUSTRIAL - VACANT LAND

54th W Ave, Mountlake Terrace, WA 98043

Value Estimation by Request
0.81 AC lot
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23104 57th W Ave
INDUSTRIAL - VACANT LAND

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

Value Estimation by Request
0.19 AC lot
View details
21210 44th W Ave
VACANT COMMERCIAL LAND

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

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

Mountlake Terrace, WA 98043

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

Mountlake Terrace, WA 98043

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

Mountlake Terrace, WA 98043

Value Estimation by Request
0.33 AC lot
View details
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 98043
INDUSTRIAL - VACANT LAND

Mountlake Terrace, WA 98043

Value Estimation by Request
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

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

Mountlake Terrace, WA 98043

Value Estimation by Request
0.37 AC lot
View details

Mountlake Terrace, WA Land Market Trends and Statistics

Explore 19 land for sale in Mountlake Terrace, WA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 81,700 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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