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    16113 NE 124Th St Redmond, WA 98052

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    For Sale
    $280,000

    2.32-acre Redmond parcel perfect for building a dream home.

    Source: Corcoran

    Listing Agent: Geordy Rostad

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redmond Acreage with Stream Borders

    This 2.32-acre parcel is located in Redmond. The property is bordered by two streams, creating a natural setting. Situated in the tech corridor, the location provides access to Microsoft's campus and downtown Redmond. The single building lot is also located minutes from Woodinville's wine country. Development will require a reasonable use permit due to the bordering streams. Buyer to verify all information with the City of Redmond.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Clothing Store Hotel & Motel Auto Parts Store Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -122.123404
    Latitude
    47.710602

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    FAQs

    What type of property is this?
    Land - 2.32-acre Redmond parcel perfect for building a dream home.
    Where is this land located?
    The property is located at 16113 NE 124Th St Redmond, WA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Rare 2.32-acre parcel in a coveted Redmond location.; - Two streams border the property, enhancing its natural beauty and tranquility.; - Quick access to Microsoft campus and downtown Redmond.
    Request Owner's contact information
    16113 NE 124Th St Redmond, WA 98052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16113 NE 124Th St Redmond, WA 98052
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