Development Site Near Light
18340 3rd Avenue Shoreline, WA 98155
18340 3rd Avenue, Shoreline, WA, 98155
$11,500,000
For Sale
$11,500,000
Development site near North Shoreline Light Rail Station.
Days on Market433
Property Features for 18340 3rd Avenue
General Information
- Standard status
- Active
Listing agency
WESTLAKE ASSOCIATES, INC.
Listed by
DAVID W PETERSEN
Source
Corcoran
Added: May 16, 2025 Updated: Mar 16 at 9:08AM Checked: Jul 7 at 11:29PM
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 WESTLAKE ASSOCIATES, INC.
Investment Insights
Based on property information with market context.
This site, just under 2 acres, features an 84,385 square foot lot zoned MUR-70, which permits the construction of approximately 365 apartment units. The property consists of four contiguous tax parcels and is located within walking distance of the North Shoreline/185th Light Rail Station. A proposed preliminary site plan by Caron Architects suggests the feasibility of constructing 365 residential units, along with 13,420 square feet of ground floor retail space, and 408 parking stalls. The proposed building design incorporates a 15,675 square foot interior courtyard intended for resident use.
Key Highlights
- Large 84,385 sq ft lot zoned MUR‑70 allowing for approximately 365 apartment units.
- Walking distance to the North Shoreline/185th Light Rail Station.
- Preliminary site plan supports 365 residential units and 13,420 sq. ft. of ground floor retail.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Development site near North Shoreline Light Rail Station.
Where is this commercial land located?
The property is located at 18340 3rd Avenue Shoreline, WA.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Large 84,385 sq ft lot zoned MUR‑70 allowing for approximately 365 apartment units.; Walking distance to the North Shoreline/185th Light Rail Station.; Preliminary site plan supports 365 residential units and 13,420 sq. ft. of ground floor retail.
