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Newcastle Land Development Opportunity
For Sale
$3,300,000

122 XX SE 91st Street, Newcastle, WA 98056

Prime 5-lot short plat development opportunity in Newcastle.

Property SizeContact for details
Days on Market462

Property Features for 122 XX SE 91st Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $8,429
Listing Agency: EXP REALTY
Listed By: JULIE K CLARK
Source: Corcoran
Added: May 2, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 EXP REALTY

Investment Insights

Based on property information with market context.

This offering presents a 5-lot short plat development opportunity in Newcastle, Washington. The property, zoned R-4, comprises two adjacent parcels totaling 60,271 square feet in a well-established neighborhood. Engineering plans from the City of Newcastle have already been secured. The location provides easy access to I-405 and Coal Creek Parkway. The site is located across from a sold-out 6-home new build community, which was completed in 2024. Future homeowners will benefit from direct access to May Creek Park Trail.

Key Highlights

  • Prime 5‑lot short plat development opportunity in Newcastle.
  • Engineering plans from City of Newcastle already achieved.
  • Zoned R‑4 and located across from a 2024 sold out 6‑home new build community.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Wine and Liquor Store Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,894
Businesses Nearby

Demographics for 98056, WA

36,344
Population
15,609
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
4,782
Density / Sq Mi
$108,596
Median Household Income
$59,170
Median Earnings
$1,992
Median Rent
$726,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Prime 5-lot short plat development opportunity in Newcastle.
Where is this land located?
The property is located at 122 XX SE 91st Street Newcastle, WA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Prime 5‑lot short plat development opportunity in Newcastle.; Engineering plans from City of Newcastle already achieved.; Zoned R‑4 and located across from a 2024 sold out 6‑home new build community.
More about this property
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