122 XX SE 91st Street, Newcastle, WA 98056

Listing Agency: EXP REALTY

Listed By: JULIE K CLARK

Source: Corcoran

Added: May 2, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This offering presents a 5-lot short plat development opportunity in Newcastle, Washington. The property, zoned R-4, comprises two adjacent parcels totaling 60,271 square feet in a well-established neighborhood. Engineering plans from the City of Newcastle have already been secured. The location provides easy access to I-405 and Coal Creek Parkway. The site is located across from a sold-out 6-home new build community, which was completed in 2024. Future homeowners will benefit from direct access to May Creek Park Trail.

Key Highlights

• Prime 5‑lot short plat development opportunity in Newcastle.
• Engineering plans from City of Newcastle already achieved.
• Zoned R‑4 and located across from a 2024 sold out 6‑home new build community.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Acupuncture Gym & Fitness Center Restaurant Bar & Pub

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

1,894

Businesses Nearby

Explore this area Business Placement

Demographics for 98056, WA

36,344

Population

15,609

Households

2.3

Avg Household Size

38

Median Age

44%

College-Educated

88%

High-School Grad

7.6 sq mi

ZIP Area

4,782

Density / Sq Mi

$108,596

Median Household Income

$59,170

Median Earnings

$1,992

Median Rent

$726,300

Median Home Value

Market

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Jul

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Frequently Asked Questions

What type of property is this?

Land - Prime 5-lot short plat development opportunity in Newcastle.

Where is this land located?

The property is located at 122 XX SE 91st Street Newcastle, WA.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: Prime 5‑lot short plat development opportunity in Newcastle.; Engineering plans from City of Newcastle already achieved.; Zoned R‑4 and located across from a 2024 sold out 6‑home new build community.