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    515 High Ave Sultan, WA 98294

    For Sale
    $650,000

    Build-ready land parcel with high-density residential zoning.

    Property size:
    30,187 SF

    Property Features for 515 High Ave

    General Information

    Standard status
    Active
    Size
    30,187 SF

    Source: WINDERMERE REAL ESTATE HLC Agent AARON ZEHM

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

    Overview

    High Density Residential Land Parcel

    This property presents a rare opportunity to acquire a well-positioned parcel of land zoned High Density Residential (HDR). It is suitable for developers and builders looking to capitalize on the growing demand for new housing. This flat, build-ready site offers flexibility, allowing for up to 12 single-family homes or 24 apartment units per acre, under current zoning guidelines. The parcel, with a size of 30187 square feet, may support a layout of approximately 9 single-family homes, subject to final site planning and city approval. All utilities are readily available in the street, significantly reducing upfront development costs and timelines.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sultan
    County
    Snohomish
    State
    Washington
    Longitude
    -121.8141156
    Latitude
    47.8694875

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    FAQs

    What type of property is this?
    Land - Build-ready land parcel with high-density residential zoning.
    Where is this land located?
    The property is located at 515 High Ave Sultan, WA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Zoned High Density Residential (HDR) allowing for significant development potential.; - High density potential of up to 12 single-family homes or 24 apartment units per acre.; - Flat, build-ready site reduces development complexities.
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    515 High Ave Sultan, WA 98294
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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
    515 High Ave Sultan, WA 98294
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