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Development Assemblage Near Light Rail
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6002 232nd Pl SW, Mountlake Terrace, WA 98043

Unique development opportunity near upcoming Sound Transit Light Rail Station.

Property Size128,501 SF
Lot Size2.95 Acres
Days on Market1467

Property Features for 6002 232nd Pl SW

General Information

Standard status Active
Size 128,501 SF
Lot size 2.95 Acres
Property subtype Land, Mixed Use, Multifamily
Investment Type Redevelopment

Building Details

Year Built 1960
Units 9
Listing Agency: West Coast Commercial Realty
Listed By: Tiffini (Connell) Cox · License #WA 18739
Source: Crexi
Added: Sep 2, 2022 Changed: Aug 28 Last Checked: Sep 7 at 11:34AM

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 West Coast Commercial Realty

Investment Insights

Based on property information with market context.

This offering presents a unique opportunity to acquire a 12-parcel development assemblage located in Mountlake Terrace’s Town Center Zoning District 1. The property is situated directly north of the new Sound Transit Lite Rail Station at I-5 and 236th St SW. This 8.5-mile section is estimated to be completed in 2024 and will link Mountlake Terrace with Seattle, SeaTac, Lynnwood, Mercer Island, and Bellevue. The total property size is 128501 square feet. The assemblage comprises twelve single-family homes in a prime development corridor.

Key Highlights

  • Prime development opportunity in Mountlake Terrace's Town Center Zoning District.
  • Assemblage of 12 parcels/single‑family homes, all cooperating.
  • Located directly north of the new Sound Transit Lite Rail Station.

Property Analytics

Current Use

Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Catering Service Pet Grooming Service Carpet & Flooring 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

433
Businesses Nearby

Demographics for 98043, WA

21,285
Population
9,493
Households
2.2
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
5,191
Density / Sq Mi
$101,408
Median Household Income
$59,982
Median Earnings
$1,966
Median Rent
$605,800
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?
Land - Unique development opportunity near upcoming Sound Transit Light Rail Station.
Where is this land located?
The property is located at 6002 232nd Pl SW Mountlake Terrace, WA.
What are key features of this property?
This property features: Prime development opportunity in Mountlake Terrace's Town Center Zoning District.; Assemblage of 12 parcels/single‑family homes, all cooperating.; Located directly north of the new Sound Transit Lite Rail Station.
(206) 854-1925 Call to check price and availability
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