120xx SE May Creek Park Dr, Newcastle, WA 98059

Listing Agency: Landman Inc

Listed By: David Knight · License #WA Show Phone

Source: Crexi

Added: Sep 23, 2024 Changed: Oct 25 Last Checked: Aug 25 at 10:03AM

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Investment Insights

Based on property information with market context.

This 2/3 acre (29,250 SF) building lot is located in Newcastle. The wooded lot features a creek running through the property, which has seasonal water. One home can be built with an RUE permit process. Sewer, water, and electricity are available in the street, along with a paved road, curb and gutter, and sidewalk. The property offers easy access to Bellevue and Renton. Investors, builders, and developers may find this property suitable for transfer of Density Credit, or Mitigation.

Key Highlights

• Large 2/3 acre (29,250 SF) lot in Newcastle.
• Sewer, water, and electricity available in the street.
• Paved road with curb, gutter, and sidewalk.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Nail Salon Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

132

Businesses Nearby

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Demographics for 98059, WA

41,672

Population

15,001

Households

2.8

Avg Household Size

38

Median Age

51%

College-Educated

93%

High-School Grad

16.2 sq mi

ZIP Area

2,572

Density / Sq Mi

$134,336

Median Household Income

$67,119

Median Earnings

$2,230

Median Rent

$809,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 2/3 acre lot with creek, utilities, easy access.

Where is this residential land & home lot located?

The property is located at 120xx SE May Creek Park Dr Newcastle, WA.

What is the asking price?

The asking price for this property is $59,500.

What are key features of this property?

This property features: Large 2/3 acre (29,250 SF) lot in Newcastle.; Sewer, water, and electricity available in the street.; Paved road with curb, gutter, and sidewalk.