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Industrial Land Development Site
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Pending

3126 Hill Ave, Everett, WA 98201

Light Industrial 1-zoned land beside Everett Station with access to I-5 and proximity to downtown services.

Property SizeContact for details
Days on Market144

Property Features for 3126 Hill Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Colliers - Bellevue, Washington
Listed By: Talor Okada · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 11:02PM

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 Colliers - Bellevue, Washington

Investment Insights

Based on property information with market context.

This 1.72-acre industrial land parcel contains 74,923 SF of land area and is zoned Light Industrial 1 (LI1) by the City of Everett. The site is currently leased by Everett Steel through August 2025, with a lease termination option available. A preliminary study by MZA Architecture evaluates potential 7- to 11-story development, and a separate massing study is available upon request.

The property is adjacent to Everett Station and the Transit Center, with nearby retail parking and convenient access to I-5 from Pacific Avenue. It is close to services in the CBD, Angel of the Winds Arena, and the Port of Everett and Marina. The site is also within an Opportunity Zone and near the planned future Sound Transit Everett Link Extension. City-related tax exemptions or development incentives may be available for multifamily development, subject to applicable requirements.

Key Highlights

  • 1.72‑acre industrial land parcel with 74,923 SF of land area
  • Zoned Light Industrial 1 (LI1) by the City of Everett
  • Adjacent to Everett Station and Transit Center

Property Analytics

Current Use

Everett Steel Industrial Manufacturer

Suggested Use

Top Pick Storage Facility Daycare Center Pet Grooming Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Garden Center

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

2,466
Businesses Nearby

Demographics for 98201, WA

30,421
Population
15,196
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
91%
High-School Grad
18.8 sq mi
ZIP Area
1,618
Density / Sq Mi
$73,822
Median Household Income
$48,830
Median Earnings
$1,443
Median Rent
$476,900
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Light Industrial 1-zoned land beside Everett Station with access to I-5 and proximity to downtown services.
Where is this industrial land located?
The property is located at 3126 Hill Ave Everett, WA.
What are key features of this property?
This property features: 1.72‑acre industrial land parcel with 74,923 SF of land area; Zoned Light Industrial 1 (LI1) by the City of Everett; Adjacent to Everett Station and Transit Center
More about this property
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