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    2354 N 148Th St Shoreline, WA 98133

    For Sale
    Contact for pricing

    Transit-oriented development site near Shoreline South/148th St. Station.

    Lot size:
    3.78 Acres

    Property Features for 2354 N 148Th St

    General Information

    Lot size
    3.78 Acres

    Source: North By Northwest Realty Agent Steve Clark, CCIM

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

    Overview

    Shoreline TOD Site For Sale

    This Transit-Oriented Development (TOD) site, zoned MUR-45 (Mixed-Use Residential to 45 feet high), comprises 20 parcels with a total land area of 163,749 square feet (3.78 acres). The site is located in Shoreline, immediately north of the Seattle city limits. The area is primed for redevelopment, with new apartment buildings coming online in 2024 and 2025. The Shoreline South/148th St. Station opened on 8/29/2024. A pedestrian overpass, currently under construction, will provide a short path to the transit platform. The assemblage features excellent site geometry, running 603 ft East/West and 272 ft North/South. The site is adjacent to Twin Ponds Park, which includes pickleball/tennis courts, a playground, a picnic area, and a turf field. The I-5 on-ramp is located only a few blocks SE of the property for quick access to north or southbound lanes. Residents will connect to employment centers throughout King County via a robust transit network. Shoreline South to Seattle in 20 minutes. In 2025, riders can get to Bellevue in 40 minutes. The City of Shoreline is an enticing area for developers to build on assemblages of up-zoned parcels. It is next to Seattle yet a smaller municipality welcoming growth and redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Shoreline
    County
    King
    State
    Washington
    Longitude
    -122.3292053
    Latitude
    47.7365614

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    FAQs

    What type of property is this?
    Land - Transit-oriented development site near Shoreline South/148th St. Station.
    Where is this land located?
    The property is located at 2354 N 148Th St Shoreline, WA.
    What are key features of this property?
    This property features: - Prime Transit-Oriented Development (TOD) site: 3.78 acres zoned MUR-45, ideal for mixed-use residential development up to 45 feet high.; - Strategic Location: Adjacent to the new Shoreline South/148th St. Station (opened 8/29/2024) with a pedestrian overpass under construction for easy access.; - Excellent Accessibility: Quick access to I-5 and a robust transit network providing a 20-minute connection to Seattle and a future 40-minute connection to Bellevue.
    (206) 355-5224
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    2354 N 148Th St Shoreline, WA 98133
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    Shoreline, WA 98133
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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
    2354 N 148Th St Shoreline, WA 98133
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