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R4 High-Density Development Lot
For Sale
Contact for pricing
Pending

1210 29th Street, Anacortes, WA 98221

High-density R4 lot with Medical Overlay and Opportunity Zone status, sized for multifamily development potential.

Property SizeContact for details
Lot Size0.47 Acres
Days on Market120

Property Features for 1210 29th Street

General Information

Standard status Pending
Lot size 0.47 Acres
Property subtype Land
Zoning R4

Additional Details

Opportunity Zone Yes
Listing Agency: Anacortes-Windermere Real Estate
Listed By: John Prosser · License #WA 6431
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 12:47AM

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 Anacortes-Windermere Real Estate

Investment Insights

Based on property information with market context.

This is a 20,290-square-foot residential development lot zoned R4 for high-density residential use. The property sits within both the Medical Overlay and the Opportunity Zone.

Anacortes has adopted new development regulations for this lot that allow 50% lot coverage and a 40-foot height limit. Supplemental materials include a plat map, survey, and concept drawing.

The concept indicates the building could be apartments or condos, with the possibility that upper floors may have views of Fidalgo Bay and Mt. Baker. The site is located among other multi-family buildings and is across the street from Storvik Park.

Key Highlights

  • 20,290 SF lot zoned R4 (residential high density)
  • Medical Overlay and Opportunity Zone status
  • New development regulations allow up to 50% lot coverage and a 40' height limit on this lot

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Barber Shop Computer & Electronic Repair

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

912
Businesses Nearby

Demographics for 98221, WA

22,853
Population
12,177
Households
1.9
Avg Household Size
52
Median Age
46%
College-Educated
96%
High-School Grad
51.9 sq mi
ZIP Area
440
Density / Sq Mi
$92,925
Median Household Income
$53,710
Median Earnings
$1,596
Median Rent
$659,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - High-density R4 lot with Medical Overlay and Opportunity Zone status, sized for multifamily development potential.
Where is this residential land & home lot located?
The property is located at 1210 29th Street Anacortes, WA.
What are key features of this property?
This property features: 20,290 SF lot zoned R4 (residential high density); Medical Overlay and Opportunity Zone status; New development regulations allow up to 50% lot coverage and a 40' height limit on this lot
More about this property
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