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    16702 North Rd Bothell, WA 98012

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    For Sale
    Contact for pricing

    2.35 acres in Bothell/Martha Lake growth hub.

    Property size:
    102,365 SF
    Lot size:
    102.00 Acres

    Property Features for 16702 North Rd

    General Information

    Size
    102,365 SF
    Lot size
    102.00 Acres

    Building Details

    Year built
    1969

    Source: Ryan Downing Agent Ryan Downing

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

    Overview

    Bothell Land Development Opportunity

    This property is centrally situated in the dynamic growth hub of Bothell and Martha Lake, near Lynnwood, Mill Creek, and Bothell West. It offers a development opportunity for developers, comprising four contiguous parcels totaling approximately 102,365 square feet (2.35 acres). The property is zoned MUC (Mixed-Use Corridor) in Unincorporated Snohomish County. The assemblage is suited for developers looking to address the Puget Sound's housing shortage, with the potential to deliver approximately 200+ units. There are incentives for high-density projects, underground parking possibilities, affordable housing benefits, and reduced parking requirements near transit zones, aligning with the Urban Core Subarea's transit-oriented development goals. The location offers access to major tech hubs and a skilled workforce, near major employers like Amazon and Microsoft. The area has a blend of urban amenities and natural beauty, with proximity to scenic parks, local dining, and cultural attractions. There is high development potential with the capability to construct an 11-13 story building reaching up to 135 feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northwood Apartments Apartment Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2368896
    Latitude
    47.8468764

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    FAQs

    What type of property is this?
    Land - 2.35 acres in Bothell/Martha Lake growth hub.
    Where is this land located?
    The property is located at 16702 North Rd Bothell, WA.
    What are key features of this property?
    This property features: - Prime development opportunity in the high-growth Bothell/Martha Lake area.; - Large contiguous land assemblage: +/- 102,365 sf (2.35 acres) across four parcels.; - MUC (Mixed-Use Corridor) zoning allows for diverse commercial and residential development options.
    (206) 466-9147
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    Bothell, WA 98012
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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
    16702 North Rd Bothell, WA 98012
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