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    12218 Highway 99 Everett, WA 98204

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    For Sale
    $18,713,400

    7.16 acre commercial land near future transit stop.

    Property size:
    311,890 SF
    Lot size:
    7.17 Acres

    Property Features for 12218 Highway 99

    General Information

    Size
    311,890 SF
    Lot size
    7.17 Acres

    Source: Stanley Real Estate, Inc. Agent Stanley Piha

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

    Overview

    7.16 Acre Commercial Land Site

    This 7.16-acre commercial land site is currently occupied by Poulsbo RV, which will vacate the property upon closing. Zoned UC-Urban Commercial, the site is designated for future Transit Oriented Development Zoning as LRC-Light Rail Community. It is located within one quarter mile of a planned major transit stop and is situated within a designated opportunity zone. Potential development scenarios include up to 537 dwelling units or a combination of 415 dwelling units plus 39 townhomes. The property is located at 12218 Hwy 99, Everett, WA. There are two adjoining lots with Snohomish County parcel numbers 00380900300900 and 00380900301100.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Poulsbo RV Everett Rv Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2619764
    Latitude
    47.8876747

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    FAQs

    What type of property is this?
    Land - 7.16 acre commercial land near future transit stop.
    Where is this land located?
    The property is located at 12218 Highway 99 Everett, WA.
    What is the asking price?
    The asking price for this property is $18,713,400.
    What are key features of this property?
    This property features: - 7.16 acre site zoned UC-Urban Commercial.; - Future Transit Oriented Development Zoning (LRC) designation allows for **high-density development**.; - Potential for **up to 537 dwelling units** or a combination of 415 dwelling units plus 39 townhomes.
    (206) 441-1080
    Request Owner's contact information
    12218 Highway 99 Everett, WA 98204
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    Everett, WA 98204
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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
    12218 Highway 99 Everett, WA 98204
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