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1.73-Acre Development Opportunity
For Sale
$2,850,000

12525 ADMIRALTY WAY, Everett, WA 98204

Two lots for a 28-unit townhome project near I-5.

Property SizeContact for details
Days on Market433

Property Features for 12525 ADMIRALTY WAY

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $8,019
Listing Agency: COLDWELL BANKER DANFORTH
Listed By: DARION D PACKARD
Source: Corcoran
Added: Jun 6, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER DANFORTH

Investment Insights

Based on property information with market context.

This 1.73-acre project, consisting of two lots being sold together, presents a building and developing opportunity. Preliminary engineering has commenced for a 28-unit townhome project, featuring a green belt designed to complement the property's park-like setting. Located at the corner of Admiralty Way and Airport Road, the property is situated minutes from Interstate 5 and shopping centers. It is also within walking distance of the main bus line.

Key Highlights

  • 1.73‑acre project consisting of two lots.
  • Preliminary engineering started for a 28‑unit townhome project.
  • Green belt complements the park‑like setting.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service Electrical Service Wine and Liquor Store

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

605
Businesses Nearby

Demographics for 98204, WA

44,810
Population
18,914
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
7.2 sq mi
ZIP Area
6,224
Density / Sq Mi
$66,592
Median Household Income
$44,349
Median Earnings
$1,732
Median Rent
$386,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Two lots for a 28-unit townhome project near I-5.
Where is this land located?
The property is located at 12525 ADMIRALTY WAY Everett, WA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 1.73‑acre project consisting of two lots.; Preliminary engineering started for a 28‑unit townhome project.; Green belt complements the park‑like setting.
More about this property
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