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Prime Multifamily Development Opportunity
For Sale
$3,500,000
Pending

2801 Redwood St, Milton, WA 98354

4.04-acre site with exceptional access and land-use flexibility.

Property SizeContact for details
Lot Size4.04 Acres
Days on Market193

Property Features for 2801 Redwood St

General Information

Standard status Pending
Lot size 4.04 Acres
Property subtype Commercial

Building Details

Year Built 1945
Listing Agency: NORTHMARQ COMMERCIAL, LLC
Listed By: MATTHEW HERMAN · License #WA 136239
Source: Corcoran
Added: Feb 24 Changed: Aug 8 Last Checked: Jul 23 at 7:42AM

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 NORTHMARQ COMMERCIAL, LLC

Investment Insights

Based on property information with market context.

The Milton Development Site presents a ±4.04-acre multifamily development opportunity, characterized by exceptional access, robust neighborhood amenities, and significant land-use flexibility. The property's location near Interstate 5, State Route 161, F, and State Route 99 facilitates direct connectivity to major employment centers, while also ensuring convenient access to everyday retail, grocery, and service amenities for renters. The site benefits from multiple access points and the availability of major utilities on or near the property, streamlining the development process. The City of Milton has demonstrated a favorable attitude toward new development, and the zoning framework allows for multifamily use, with additional incentives for senior housing, creating diverse development possibilities.

Key Highlights

  • Prime ±4.04‑acre multifamily development opportunity.
  • Exceptional access to Interstate 5, State Route 161, and State Route 99.
  • Strong neighborhood amenities and renter convenience.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Bakery

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

526
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 4.04-acre site with exceptional access and land-use flexibility.
Where is this commercial land located?
The property is located at 2801 Redwood St Milton, WA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime ±4.04‑acre multifamily development opportunity.; Exceptional access to Interstate 5, State Route 161, and State Route 99.; Strong neighborhood amenities and renter convenience.
More about this property
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