Everett Land with Development
For Sale
Contact for pricing
1301-1305 Broadway Ave, Everett, WA 98201
Land with MU15 zoning, development potential, and opportunity zone benefits.
Property SizeContact for details
Lot Size0.28 Acres
Days on Market82
Property Features for 1301-1305 Broadway Ave
General Information
Standard status
Active
Lot size
0.28 Acres
Property subtype
LAND
Listing Agency:
Capstone Commercial Real Estate Advisors
(425) 238-8490
Listed By:
Levi Sterley · License ##141098
(425) 238-8490
Source:
Moodyscre
Added: May 20
Changed: Aug 8
Last Checked: Jul 16 at 8:26AM
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 Capstone Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This property, located in a Qualified Opportunity Zone, offers potential seller financing. It is permit-ready for 15 townhomes, with the seller willing to complete the permitting process if desired and open to fee building townhomes for the buyer. The recently up-zoned MU15 designation allows for construction up to 15 stories or 160 feet. Early feasibility studies suggest potential multifamily development projects from 40 to over 90 units are possible, utilizing podium-style 5/1 or 5/2 construction, providing ample parking and views of the water, mountains, and cityscape. Type 1 construction within the MU15 zoning allows for a theoretical maximum yield of 420-480 units over 3+ parcels. There is no minimum parking requirement, and density is controlled by height rather than units per acre. The property is MFTE eligible, which can enhance financing and provide additional long-term exemptions. It is also SEPA exemption eligible and located along a Transit Corridor, offering access to potential capital gains and tax deferral benefits.
Key Highlights
- Permit‑ready for 15 townhomes (seller can complete permitting if desired).
- MU15 zoning allows for building up to 15 stories or 160' with potential for 40‑90+ multifamily units.
- Located in a Qualified Opportunity Zone (QOZ) offering potential capital gains and tax deferral benefits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Explore this area
Business Placement
Demographics for 98201, WA
30,421
Population
15,196
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
91%
High-School Grad
18.8 sq mi
ZIP Area
1,618
Density / Sq Mi
$73,822
Median Household Income
$48,830
Median Earnings
$1,443
Median Rent
$476,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land with MU15 zoning, development potential, and opportunity zone benefits.
Where is this residential land & home lot located?
The property is located at 1301-1305 Broadway Ave Everett, WA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Permit‑ready for 15 townhomes (seller can complete permitting if desired).; MU15 zoning allows for building up to 15 stories or 160' with potential for 40‑90+ multifamily units.; Located in a Qualified Opportunity Zone (QOZ) offering potential capital gains and tax deferral benefits.
