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Corner Residential Development Lot
For Sale
$600,000

511 11th Street, Bremerton, WA 98337

Two tax parcels on a high-and-dry corner lot with potential build capacity under an upcoming height update.

Property SizeContact for details
Days on Market465

Property Features for 511 11th Street

General Information

Standard status Active
Property subtype Land
Zoning Residential

Taxes and HOA fees

Annual Taxes $1,334

Amenities

No
7&8
Alley,Corner Lot,Curbs,Paved,Sidewalk
Available
0.18
Paved
Listing Agency: Professional Real Estate
Listed By: John Lee
Source: Premierepropertygroup
Added: Jun 6, 2025 Changed: Sep 13 Last Checked: Sep 13 at 4:21AM

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 Professional Real Estate

Investment Insights

Based on property information with market context.

Opportunity to acquire a corner development lot comprised of two tax parcels. The property is described as high and dry, residentially zoned, and noted as welcoming multi-family development, including townhomes. Public remarks also reference potential build ability tied to an upcoming UGA update allowing up to 80-foot heights.

The SE side backs up to a quiet city park. The site is described as blocks from Fast Foot or the car ferry to Seattle, and within about a mile of Olympic College and the Puget Sound Naval Shipyards. Nearby points mentioned include the Marvin Williams Center and marina, parks, and shopping, along with year-round entertainment at the Roxy and Admiral theatres and the Quincy Square development opening soon.

Key Highlights

  • Two tax parcels on a high‑and‑dry corner lot
  • Potential build ability tied to an upcoming UGA update increasing 80‑foot heights
  • Residentially zoned with multi‑family and townhome uses welcomed

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Auto Parts Store

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

1,107
Businesses Nearby

Demographics for 98337, WA

9,653
Population
3,696
Households
2.6
Avg Household Size
29
Median Age
31%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
6,435
Density / Sq Mi
$73,363
Median Household Income
$36,571
Median Earnings
$1,395
Median Rent
$386,700
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?
Residential land & home lot - Two tax parcels on a high-and-dry corner lot with potential build capacity under an upcoming height update.
Where is this residential land & home lot located?
The property is located at 511 11th Street Bremerton, WA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two tax parcels on a high‑and‑dry corner lot; Potential build ability tied to an upcoming UGA update increasing 80‑foot heights; Residentially zoned with multi‑family and townhome uses welcomed
More about this property
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