18522 8th Ave NE Shoreline, WA 98155
Development opportunity near upcoming light rail station in Shoreline.
Type:Land
Lot size:
0.31 Acres- Added:
- Sep 18, 2024
- Days on Market:
- 577
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 18522 8th Ave NE
General Information
- Standard status
- Active
- Lot size
- 0.31 Acres
- Property subtype
- Land
Listing agent JC Gagnaire License #WA 20109043
Listing office Windermere Real Estate/Shoreline
Listing date Sep 18, 2024
Source Crexi
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 Windermere Real Estate/Shoreline
Overview
Prime Land Near Light Rail
This prime parcel of land, encompassing 13,569 square feet, is located steps away from the future Sound Transit 185th St Light Rail Station, scheduled to open August 31, 2024. Situated in a rapidly developing area zoned MUR70, the property benefits from high foot traffic expected with the station's opening. The City of Shoreline allows for development up to 140 feet. Convenient access to Seattle enhances the location's appeal. The property is one of seven parcels, totaling 79,732 square feet, currently listed for sale, offering the potential for significant combined development. The location is suited for constructing a multifamily building with an estimated 400+ units to address the area's growing housing demand. Existing infrastructure on 8th Ave NE and 185th St can reduce development costs. Existing homes on the property can provide immediate rental income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Shoreline
- County
- King
- State
- Washington
- Longitude
- -122.321226
- Latitude
- 47.7639412
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Development opportunity near upcoming light rail station in Shoreline.
Where is this commercial land located?
The property is located at 18522 8th Ave NE 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: Prime location steps from the upcoming Sound Transit 185th St Light Rail Station (Aug 31, 2024).; High‑density MUR70 zoning allows for development up to 140 feet.; Part of a larger assemblage of 7 parcels (79,732 SF total) available for significant development.
