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    3405 Rucker Ave Everett, WA 98201

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    For Sale
    $3,325,000

    Six contiguous lots zoned MU15, suitable for high-density development.

    Lot size:
    0.77 Acres

    Property Features for 3405 Rucker Ave

    General Information

    Lot size
    0.77 Acres

    Source: DAVE NELSON REAL ESTATE Agent DAVE NELSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rucker Avenue Development Opportunity

    Six contiguous lots are available in a prime location on Rucker Avenue, zoned MU15, which allows for buildings up to 15 stories. The property is situated on a bus line and near a bus station/rail, providing convenient access to Boeing and other commercial/industrial areas. The site is exempt from SEPA if 200 units or less are developed, and the Washington State multi-family tax exemption applies. It is also located within a HUD opportunity zone. The location is within walking distance of medical centers. Future upper-level units will have mountain views to the east. Development materials and income information are available in the supplements. The price equates to 190 units at $17,500 per unit, presenting an opportunity for a profitable project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2107307
    Latitude
    47.9722098

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    FAQs

    What type of property is this?
    Commercial land - Six contiguous lots zoned MU15, suitable for high-density development.
    Where is this commercial land located?
    The property is located at 3405 Rucker Ave Everett, WA.
    What is the asking price?
    The asking price for this property is $3,325,000.
    What are key features of this property?
    This property features: - MU15 zoning allows for buildings up to 15 stories.; - Exemption from SEPA if 200 units or less are developed.; - Washington State multi-family tax exemption applies.
    (425) 319-3100
    Request Owner's contact information
    3405 Rucker Ave Everett, WA 98201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3405 Rucker Ave Everett, WA 98201
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