Listing Agency: KEY NORTHWEST, LLC

Listed By: PAUL WOODMANSEE

Source: Corcoran

Added: Mar 6, 2023 Changed: Jul 6 Last Checked: Jul 23 at 9:36AM

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Investment Insights

Based on property information with market context.

This 0.71-acre commercial lot is located within The Outpost at Smokey Point, a mixed-use project. The development has the potential for up to 522 apartment units and 100,000 square feet of commercial space. Situated adjacent to the Amazon Distribution Center, it represents the first commercial/residential project at the edge of the Cascade Industrial Complex.

Key Highlights

• .71 Acre Commercial Lot
• Located in The Outpost at Smokey Point Mixed Use Project
• Potential for up to 522 Apartment Units and 100,000 SF of Commercial Space in Development

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Barber Shop

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

174

Businesses Nearby

Explore this area Business Placement

Demographics for 98223, WA

45,139

Population

18,224

Households

2.5

Avg Household Size

40

Median Age

21%

College-Educated

93%

High-School Grad

316.2 sq mi

ZIP Area

143

Density / Sq Mi

$96,478

Median Household Income

$52,487

Median Earnings

$1,780

Median Rent

$556,900

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - 0.71 acre commercial lot in mixed-use development.

Where is this commercial land located?

The property is located at 16614 51st Ave NE Arlington, WA.

What is the asking price?

The asking price for this property is $1,244,736.

What are key features of this property?

This property features: .71 Acre Commercial Lot; Located in The Outpost at Smokey Point Mixed Use Project; Potential for up to 522 Apartment Units and 100,000 SF of Commercial Space in Development