Lynnwood Land Near Rail
16620 Ash Way Lynnwood, WA 98087
For Sale
$4,400,000
Development land near I-5 and future Lynnwood Rail Station.
Property Size8,040 SF
Price / SF$547.26
Days on Market711
Property Features for 16620 Ash Way
General Information
- Standard status
- Active
- Size
- 8,040 SF
Building Details
- Year Built
- 1973
Listing Agency:
KW COMMERCIAL GSWA MCI LLC
(425) 482-6100
Listed By:
MELISSA JOHNSON
Source:
Corcoran
Added: Aug 13, 2024
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 KW COMMERCIAL GSWA MCI LLC
Investment Insights
Based on property information with market context.
This 8,040 square foot commercial land parcel is located off I-5 Freeway and 164th St in Lynnwood. It is zoned Urban Center (UC), which allows for a variety of uses, including multi-family, retail, office, civic, and medical. The zoning permits building heights up to 90 feet, or approximately nine stories. An additional 35 feet in height, or approximately three stories, may be allowed due to the property's location within 1/8 mile of a transit center, specifically the new Rail Station. This property is suitable for developers and builders looking for a new location in Lynnwood.
Key Highlights
- Zoned Urban Center (UC) allowing for diverse uses: Multi‑Family, Retail, Office, Civic, Medical, and more.
- Potential for high‑density development: up to 90' in height (~9 Stories) allowed.
- Additional height allowance: potentially up to 125' (~12 Stories) within 1/8 mile of the new Rail Station.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nejat Church
Church
Gateway Centre Church
Church
FAQs
What type of property is this?
Commercial land - Development land near I-5 and future Lynnwood Rail Station.
Where is this commercial land located?
The property is located at 16620 Ash Way Lynnwood, WA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Zoned Urban Center (UC) allowing for diverse uses: Multi‑Family, Retail, Office, Civic, Medical, and more.; Potential for **high‑density development: up to 90' in height (~9 Stories) allowed.**; Additional height allowance: potentially up to 125' (~12 Stories) within 1/8 mile of the new Rail Station.
