Mixed-Use Development Land
For Sale
$2,700,000
16504 3RD, Burien, WA 98166
Two-parcel, 2.67-acre site zoned MU-2 in Burien, allowing flexible high-density multifamily development options.
Property SizeContact for details
Lot Size2.67 Acres
Days on Market360
Property Features for 16504 3RD
General Information
Standard status
Active
Lot size
2.67 Acres
Property subtype
Land
Zoning
MU-2
Additional Details
Highway Access
Yes
Listing Agency:
Windermere Real Estate Co.
Listed By:
Edward Krigsman
(206) 363-8509
Source:
Century21northhomes
Added: Aug 18, 2025
Changed: Aug 8
Last Checked: Jul 9 at 12:46PM
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 Windermere Real Estate Co.
Investment Insights
Based on property information with market context.
Offered for sale is a two-parcel commercial land site totaling 2.67 acres, zoned MU-2 by the City of Burien. The MU-2 designation supports high-density multifamily residential land uses and allows a maximum building height of 65' (85' with bonus). The zoning provides no commercial requirements and includes no maximum lot coverage or impervious surface requirements, with minimal setbacks ranging from 0' to 15'.
The site is described as centrally located and positioned for convenient access to major employment and retail destinations, with proximity to SeaTac Airport, Boeing, Amazon Fulfillment, and Westfield Mall. Nearby highway connections include 509, 518, I-5, and 405, supporting travel to Seattle, Tacoma, and the Eastside.
The property is identified as suitable for a range of development uses, including commercial, office, apartments, townhomes, senior living, or self-storage, with a ground lease option also noted as available.
The site is described as centrally located and positioned for convenient access to major employment and retail destinations, with proximity to SeaTac Airport, Boeing, Amazon Fulfillment, and Westfield Mall. Nearby highway connections include 509, 518, I-5, and 405, supporting travel to Seattle, Tacoma, and the Eastside.
The property is identified as suitable for a range of development uses, including commercial, office, apartments, townhomes, senior living, or self-storage, with a ground lease option also noted as available.
Key Highlights
- 2.67‑acre, two‑parcel site in Burien zoned MU‑2 for high‑density multifamily residential land uses
- MU‑2 allows a maximum height of 65' (85' with bonus)
- No commercial requirements under MU‑2 zoning, with minimal setbacks of 0'-15'
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 98166, WA
22,152
Population
9,766
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
93%
High-School Grad
5.8 sq mi
ZIP Area
3,819
Density / Sq Mi
$112,191
Median Household Income
$63,011
Median Earnings
$1,739
Median Rent
$785,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two-parcel, 2.67-acre site zoned MU-2 in Burien, allowing flexible high-density multifamily development options.
Where is this residential land & home lot located?
The property is located at 16504 3RD Burien, WA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 2.67‑acre, two‑parcel site in Burien zoned MU‑2 for high‑density multifamily residential land uses; MU‑2 allows a maximum height of 65' (85' with bonus); No commercial requirements under MU‑2 zoning, with minimal setbacks of 0'-15'
