3405-3425 Rucker Ave Everett, WA 98201
Property Features for 3405-3425 Rucker Ave
General Information
- Lot size
- 0.77 Acres
Source:
Moodyscre
Listing 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
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Snohomish
- State
- Washington
- Longitude
- -122.2107307
- Latitude
- 47.9722098
Nearby Similar for Sale
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