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Milton Land Development Opportunity
For Sale
$5,600,000

200 Meridian Avenue E, Milton, WA 98354

5.65 acre site suitable for mixed-use development.

Property SizeContact for details
Lot Size5.66 Acres
Days on Market251

Property Features for 200 Meridian Avenue E

General Information

Standard status Active
Lot size 5.66 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $24,345
Listing Agency: CENTURY 21 REAL ESTATE CENTER
Listed By: RONALD CONARD
Source: Corcoran
Added: Dec 4, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:23AM

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 CENTURY 21 REAL ESTATE CENTER

Investment Insights

Based on property information with market context.

This 5.65-acre level property presents an opportunity for mixed residential development, including multi-family apartments, townhomes, or garden-style walk-ups. The site is also suitable for a combination of apartments, storage units, and commercial office space. Expanded site plans allow for 165 units and one five-story mixed-use building for commercial retail or storage. The property is zoned for multi-family, condominiums, or zero lot line residential use. Preliminary construction drawings are available. The property has undergone preliminary construction meetings with the City of Milton.

Key Highlights

  • Opportunity to build a mixed‑use development with residential, multi‑family apartments, townhomes, garden‑style walkups, storage units, and commercial office space.
  • Approved for 165 units and 1 five‑story mixed‑use building.
  • The 5.65‑acre site is level and has had extensive work done.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Real Estate Agency Barber Shop (Bike/Boat/Book/etc) Store

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

424
Businesses Nearby

Demographics for 98354, WA

8,264
Population
3,242
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
2.8 sq mi
ZIP Area
2,951
Density / Sq Mi
$90,361
Median Household Income
$56,581
Median Earnings
$2,010
Median Rent
$510,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 5.65 acre site suitable for mixed-use development.
Where is this commercial land located?
The property is located at 200 Meridian Avenue E Milton, WA.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Opportunity to build a mixed‑use development with residential, multi‑family apartments, townhomes, garden‑style walkups, storage units, and commercial office space.; Approved for **165 units and 1 five‑story mixed‑use building.**; The **5.65‑acre site is level** and has had extensive work done.
More about this property
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