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Commercial Land with Apartment Approval
For Sale
$365,000
Pending

31434 Prevedell Road, Sedro Woolley, WA 98284

Paved, lightly treed commercial land with preliminary approval for a multifamily development.

Property SizeContact for details
Days on Market637

Property Features for 31434 Prevedell Road

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,091

Amenities

0, 28
0, 0, 0, 0
No
Lightly Treed
Paved
Listing Agency: NextHome Northwest Living
Listed By: David Huynh · License #5310
Source: Compass
Added: Dec 2, 2024 Changed: Aug 31 Last Checked: Aug 30 at 11:36PM

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 NextHome Northwest Living

Investment Insights

Based on property information with market context.

This commercial land parcel has paved site access and light tree coverage, with substantial preliminary site preparation already completed. Preliminary approval supports development of up to 28 apartment units, consisting of 14 one-bedroom units and 14 studios. Storage units may also be considered with an approved variance.

The property is next to Lyman Mercantile and Puerto Penasco Mexican Restaurant in Sedro-Woolley. Janicki Industries is located just minutes away, providing proximity to a major local employment center. Current zoning uses and documentation of completed site work are available as part of the property materials.

Key Highlights

  • Preliminary approval for up to 28 apartment units
  • Approved concept includes 14 one‑bedroom apartments and 14 studio units
  • Storage units may be possible with a variance

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service (Bike/Boat/Book/etc) Store Storage Facility 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

39
Businesses Nearby

Demographics for 98284, WA

27,293
Population
11,095
Households
2.5
Avg Household Size
39
Median Age
20%
College-Educated
89%
High-School Grad
281.3 sq mi
ZIP Area
97
Density / Sq Mi
$82,097
Median Household Income
$50,074
Median Earnings
$1,476
Median Rent
$427,900
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 - Paved, lightly treed commercial land with preliminary approval for a multifamily development.
Where is this commercial land located?
The property is located at 31434 Prevedell Road Sedro Woolley, WA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Preliminary approval for up to 28 apartment units; Approved concept includes 14 one‑bedroom apartments and 14 studio units; Storage units may be possible with a variance
More about this property
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