8520 164Th Ave NE Redmond, WA 98052
Property Features for 8520 164Th Ave NE
General Information
- Standard status
- Active
- Size
- 18,000 SF
Building Details
- Year built
- 1949
Source:
Corcoran
Listing Agent: Stuart Williams
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Redmond Development Site For Sale
The property is an 18,000 SF corner development site located in Redmond. The current zoning, Town Square (TSQ), offers developers an opportunity to build a roughly 130-unit multifamily project on a centrally located, flat site in Downtown Redmond. As part of the Redmond 2050 initiative, the city reduced the number of zoning districts from 50 to 18, with the Downtown Core zone encompassing areas previously designated as TSQ while allowing for the same base density. The location benefits from connectivity, including its proximity to the Redmond Transit Center (0.2 miles) and the Sound Transit East Link Light Rail station. These features, coupled with flexible development options, position the site as a unique value proposition.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- King
- State
- Washington
- Longitude
- -122.1212287
- Latitude
- 47.6788479
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FAQs
What type of property is this?
Commercial land - 18,000 SF corner development site in the heart of Redmond.
Where is this commercial land located?
The property is located at 8520 164Th Ave NE Redmond, WA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: - Prime 18,000 SF corner development site in the heart of Redmond.; - Zoning allows for a roughly 130-unit multifamily project.; - Centrally located, flat site in Downtown Redmond.