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3405-3425 Rucker Ave Everett, WA 98201

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For Sale
$3,325,000

Six contiguous lots with MU15 zoning, ideal for development.

Lot size:
0.77 Acres

Property Features for 3405-3425 Rucker Ave

General Information

Lot size
0.77 Acres

Source: Dave Nelson Real Estate Agent Dave Nelson

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


Overview

Prime Location Development Opportunity

Six contiguous lots are available in a prime location on Rucker Avenue, featuring MU15 zoning that permits buildings up to 15 stories. The property is situated on a bus line and is near a bus station and rail, providing convenient access to Boeing and other commercial and industrial areas. An exemption from SEPA is available if 200 units or less are developed. The Washington State multifamily tax exemption applies to this property, which is located in a HUD Opportunity Zone. It is within walking distance of medical centers. Future upper-level units will offer mountain views to the east. Development materials and income information are available in the supplements. The price equates to 190 units at $17,500 per unit, presenting an opportunity for a potentially profitable project.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Everett
County
Snohomish
State
Washington
Longitude
-122.2107307
Latitude
47.9722098

FAQs

What type of property is this?
Land - Six contiguous lots with MU15 zoning, ideal for development.
Where is this land located?
The property is located at 3405-3425 Rucker Ave Everett, WA.
What is the asking price?
The asking price for this property is $3,325,000.
What are key features of this property?
This property features: - MU15 Zoning allows for buildings up to 15 stories; - Exemption from SEPA if 200 units or less are developed; - Washington State multifamily Tax exemption applies
More about this property
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