3405 Rucker Ave Everett, WA 98201
Six contiguous lots zoned MU15, suitable for high-density development.
Lot size:
0.77 AcresProperty Features for 3405 Rucker Ave
General Information
- Lot size
- 0.77 Acres
Source:
Corcoran
Listing 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
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Snohomish
- State
- Washington
- Longitude
- -122.2107307
- Latitude
- 47.9722098
Nearby Similar for Sale
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.