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    507 240Th St SE Bothell, WA 98021

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    For Sale
    $1,750,000

    32,671 SF development property with broad range of uses.

    Property size:
    33,541 SF

    Property Features for 507 240Th St SE

    General Information

    Standard status
    Active
    Size
    33,541 SF

    Building Details

    Year built
    1952

    Source: NWC-KV LLC Agent FLETCHER FARRAR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bothell Development Property For Sale

    This 32,671 square foot (0.77 acres) development property is located at 507 240th St SE in Bothell, WA 98201. It is zoned R-AC (Residential-Activity Center), OP (Office-Professional), CB (Community Business), and MU-C (Mixed Use/Community), offering development potential with a broad range of uses. These include residential, hospitality, office, personal and professional services, light industrial, and commercial activities. The property is located just off of Bothell-Everett Highway, near a Safeway-anchored shopping center, providing walkable amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2241171
    Latitude
    47.7806072

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    FAQs

    What type of property is this?
    Commercial land - 32,671 SF development property with broad range of uses.
    Where is this commercial land located?
    The property is located at 507 240Th St SE Bothell, WA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Incredible development potential thanks to R-AC, OP, CB, and MU-C zoning.; - Large 32,671 sf (.77 Acres) lot size.; - Zoning allows for a broad range of uses including residential, hospitality, office, light industrial and commercial activities.
    Request Owner's contact information
    507 240Th St SE Bothell, WA 98021
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    Bothell, WA 98021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 240Th St SE Bothell, WA 98021
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