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    Mountlake Terrace, WA Land for Sale

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    Lynnwood, WA Edmonds, WA Shoreline, WA
    Land for Sale
    $995,000
    50,530 SF

    Land for Sale

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

    Land available for sale in Mountlake Terrace, Washington.

    • Land available for sale.
    • Located in Mountlake Terrace, Washington.
    • Property was originally built in 1961.
    Updated: Mar 8
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    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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    Mountlake Terrace Land For Sale
    $8,000,000
    31,170 SF

    Mountlake Terrace Land For Sale

    Land available in Mountlake Terrace, Washington.

    6810 220th Street SW, Mountlake Terrace, WA 98043
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    Development Assemblage Near Light Rail
    Contact for pricing
    128,501 SF

    Development Assemblage Near Light Rail

    Unique development opportunity near upcoming Sound Transit Light Rail Station.

    6002 232nd Pl SW, Mountlake Terrace, WA 98043
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    Large Flat Lot Near Transit
    $995,000
    1.16 Acres

    Large Flat Lot Near Transit

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

    24205-24225 56th Ave W, Mountlake Terrace, WA
    View details
    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
    $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

    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
    $499,000
    68.30 Acres

    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879
    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
    54th W Ave
    INDUSTRIAL - VACANT LAND
    Lot: 0.81 Acres
    Value Estimation by Request

    54th W Ave, Mountlake Terrace, WA 98043

    View details
    23104 57th W Ave
    INDUSTRIAL - VACANT LAND
    Lot: 0.19 Acres
    Value Estimation by Request

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

    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
    INDUSTRIAL - VACANT LAND
    Lot: 0.18 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND
    Lot: 0.20 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

    View details
    6002 232Nd Pl
    Multifamily properties
    128,501 SF Lot: 2.95 Acres

    6002 232Nd Pl, Mountlake Terrace, WA 98043

    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 98043
    INDUSTRIAL - VACANT LAND
    Lot: 2.64 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

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

    Mountlake Terrace, WA 98043

    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND
    Lot: 0.34 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

    View details
    Mountlake Terrace, WA 98043
    INDUSTRIAL - VACANT LAND
    Lot: 0.37 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

    View details

    Mountlake Terrace, WA Land Investment Opportunities Market Analysis

    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.

    List
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    Top Commercial Asset Segments

    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 median listing prices of real estate assets

    Neighborhood Average Price
    98043 $3.3M

    Taxes & Financing

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

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