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    9041 166Th Ave NE Redmond, WA 98052

    For Sale
    Contact for pricing

    1.2-acre residential development site in the heart of Redmond, WA.

    Lot size:
    1.20 Acres

    Property Features for 9041 166Th Ave NE

    General Information

    Lot size
    1.20 Acres

    Source: Colliers International WA, LLC Agent Jeff Kaiser

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

    Overview

    Redmond Residential Development Opportunity

    This is a 1.2-acre residential development opportunity in Redmond, WA. The site is located in a high-demand submarket, suitable for mid-rise multifamily or townhome development. It is positioned near employers like Microsoft and Meta, as well as Redmond Town Center. The property is the westerly portion of King County Parcel #720000-0350, located at 9041 166th Ave NE, Redmond, WA 98052. The site is zoned NMF (Neighborhood Multifamily), allowing for residential development up to 60 feet in height, and a 1.1 FAR (1.5 FAR with incentives). The parcel is surrounded by commercial and residential properties and benefits from visibility, walkability, and access to transit and arterial roadways.
    Location Intelligence

    Current Use by Public Records

    Faith Lutheran School Preschool Faith Lutheran Church Lutheran Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -122.1204223
    Latitude
    47.6825141

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.2-acre residential development site in the heart of Redmond, WA.
    Where is this residential land & home lot located?
    The property is located at 9041 166Th Ave NE Redmond, WA.
    What are key features of this property?
    This property features: - 1.2-acre residential development opportunity in Redmond, WA.; - Zoned NMF (Neighborhood Multifamily) allowing development up to 60 feet in height.; - Located in a high-demand submarket near major employers like Microsoft and Meta.
    (425) 453-3145
    Request Owner's contact information
    9041 166Th Ave NE Redmond, WA 98052
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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
    9041 166Th Ave NE Redmond, WA 98052
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