Bellevue Development Site
For Sale
$4,500,000
Pending
3103 125th Ave SE, Bellevue, WA 98005
0.75-acre development site near major employers and transit.
Property Size32,670 SF
Days on Market1414
Property Features for 3103 125th Ave SE
General Information
Standard status
Pending
Size
32,670 SF
Property subtype
Commercial
Listing Agency:
BERKADIA REAL ESTATE ADVISORS, LLC
Listed By:
MITCHELL BELCHER
Source:
Corcoran
Added: Sep 26, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKADIA REAL ESTATE ADVISORS, LLC
Investment Insights
Based on property information with market context.
This 0.75-acre development site is located at 3103 125th Avenue SE in Bellevue, Washington. The property has a total lot size of 32,670 square feet and is zoned R-30. Preliminary plans propose the development of 14 townhome units with garage parking. The site is located within 2 miles of T-Mobile's headquarters, Bellevue College, and the South Bellevue Light Rail Station. Bellevue is a major technology center and home to offices of Microsoft, Google, T-Mobile, Amazon, and more. Given the high demand for affordable housing in the area and the site's proximity to transit, employers, and urban cores, there is great potential for maximizing rental income.
Key Highlights
- Prime location: Just 2 miles from T‑Mobile headquarters, Bellevue College, and South Bellevue Light Rail Station.
- Zoned R‑30, allowing for development of up to 14 townhome units.
- Total lot size of 32,670 square feet (0.75 acres).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 98005, WA
20,961
Population
9,420
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
2,871
Density / Sq Mi
$158,396
Median Household Income
$87,000
Median Earnings
$2,380
Median Rent
$1,373,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 0.75-acre development site near major employers and transit.
Where is this residential land & home lot located?
The property is located at 3103 125th Ave SE Bellevue, WA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location: Just 2 miles from T‑Mobile headquarters, Bellevue College, and South Bellevue Light Rail Station.; Zoned R‑30, allowing for development of up to 14 townhome units.; Total lot size of 32,670 square feet (0.75 acres).
