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Lake Stevens Development Opportunity
For Sale
$275,000

1926 94th Drive Southeast, Lake Stevens, WA 98258

Corner lot ideal for multi-family development in Lake Stevens.

Property SizeContact for details
Lot Size0.21 Acres
Days on Market527

Property Features for 1926 94th Drive Southeast

General Information

Standard status Active
Lot size 0.21 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,883

Amenities

0, 0, 0, 0
No
Paved
Listing Agency: COMPASS
Listed By: Tanya Mock · License #24743
Source: Compass
Added: May 18, 2025 Changed: Oct 25 Last Checked: Jul 15 at 8:19PM

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 COMPASS

Rey
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Investment Insights

Based on property information with market context.

This .21-acre (9,148 SF) corner lot presents an exceptional development opportunity in Lake Stevens. Zoned Urban Residential (UR), the property offers potential for a multi-family build. The City of Lake Stevens supports a triplex on this site, making it suitable for investment or custom build-to-suit housing. The flat, ready-to-develop parcel is located near 20th St SE, providing easy access to highways, schools, shopping, and the lake. Utilities are nearby, and the site is cleared. This property offers a chance to shape the future of a growing, high-demand community.

Key Highlights

  • Confirmed City Support for Triplex: Ideal for multi‑family development.
  • .21‑Acre Corner Lot in Urban Residential Zone: Prime location.
  • Flat, Cleared, and Ready to Develop: Saves time and resources.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Hair Salon Pharmacy Dental Office Auto Parts Store Electrical Service

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

99
Businesses Nearby

Demographics for 98258, WA

51,995
Population
18,397
Households
2.8
Avg Household Size
36
Median Age
32%
College-Educated
94%
High-School Grad
37.1 sq mi
ZIP Area
1,401
Density / Sq Mi
$120,571
Median Household Income
$63,208
Median Earnings
$2,187
Median Rent
$606,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner lot ideal for multi-family development in Lake Stevens.
Where is this residential land & home lot located?
The property is located at 1926 94th Drive Southeast Lake Stevens, WA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Confirmed City Support for Triplex: Ideal for multi‑family development.; .21‑Acre Corner Lot in Urban Residential Zone: Prime location.; Flat, Cleared, and Ready to Develop: Saves time and resources.
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