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18522 8Th Ave Shoreline, WA 98155

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For Sale
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Prime 13,569 SF lot, near light rail.

Property Features for 18522 8Th Ave

General Information

Property type
Land

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Listing Contact
Jc Gagnaire
Jc Gagnaire

Listing Agency: Windermere Real Estate/Shoreline Listing Agent: Jc Gagnaire

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

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Property Insight Report

Overview

This exceptional 13,569 square foot parcel presents a remarkable investment opportunity in Shoreline, Washington. Located at 18522 8th Ave NE, 98155, this property is ideally situated steps away from the Sound Transit 185th Street Light Rail Station, slated to open August 31, 2024. The MUR70 zoning allows for significant development potential, with the City of Shoreline programs permitting buildings up to 140 feet in height. This prime location, combined with the upcoming light rail station, ensures high foot traffic and strong business prospects. The property's convenient access to Seattle further enhances its appeal. This parcel is one of seven adjacent parcels totaling 79,732 square feet, all currently listed for sale, presenting the possibility of acquiring a larger contiguous development site. The existing infrastructure on 8th Ave NE and 185th St offers cost savings for development. The asking price of $2,200,000 reflects the value of this single parcel. The potential for a 400+ unit multifamily building addresses the area's growing housing demand. Existing homes on the property offer immediate rental income potential. The APN is 3235100255. This is a ready-to-develop site poised for significant appreciation upon the light rail station's opening.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Shoreline
County
King
State
Washington
Longitude
-122.3215720406
Latitude
47.76404252199

FAQs

What type of property is this?
Land - Prime 13,569 SF lot, near light rail.
Where is this land located?
The property is located at 18522 8Th Ave Shoreline, WA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: $2,200,000 asking price.; 13,569 square foot land parcel.; MUR70 zoning.
(206) 546-5731 Call to check price and availability
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