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    139 147Th St Shoreline, WA 98155

    For Sale
    $6,825,000

    Prime MUR-70 zoned land, ideal for high-density development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.99-acre commercial land parcel, located at 139 NE 147th St, Shoreline, WA 98155, presents a remarkable investment opportunity. Zoned MUR-70, this six-parcel assemblage totaling 42,936 square feet offers significant potential for high-density development, with projections indicating the capacity for approximately 293 units. The property boasts an unparalleled location directly across from the brand new 145th Street LightRail station, providing convenient access to public transportation. Its proximity to Interstate 5 further enhances its accessibility and desirability. A planned non-motorized access bridge across I-5 at N 148th Street will provide pedestrians and cyclists with direct access to the light rail, adding to the property's appeal. The land is priced at $165 per square foot, representing a compelling value in this rapidly growing Seattle suburb. Parcel numbers include 4408100070, 4408100065, 4408100060, 2881700375, 2881700365, and 2881700374. For detailed information, please visit www.shorelinemu70.com.

    Property Features for 139 147Th St

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • $6,825,000 asking price.
    • 0.99‑acre commercial land parcel in Shoreline, WA.
    • MUR‑70 zoning.
    • $165/SF land value.
    • Located across from the 145th St LightRail station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Shoreline
    County
    King
    State
    Washington
    Longitude
    -122.3272241
    Latitude
    47.7351574

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    FAQs

    What type of property is this?
    Land - Prime MUR-70 zoned land, ideal for high-density development.
    Where is this land located?
    The property is located at 139 147Th St Shoreline, WA.
    What is the asking price?
    The asking price for this property is $6,825,000.
    What are key features of this property?
    This property features: $6,825,000 asking price.; 0.99-acre commercial land parcel in Shoreline, WA.; MUR-70 zoning.
    Request Owner's contact information
    139 147Th St Shoreline, WA 98155
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    Shoreline, WA 98155
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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
    139 147Th St Shoreline, WA 98155
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