Current Use by Public Records
- Commercial real estate
Property Details for 1 Queens Way
- Property type
- Commercial real estate
Description
This exceptional 0.99 acre commercial lot, located at 1 Queens Way in Milton, WA, presents a remarkable development opportunity. Situated in a high-visibility location just off Queens Way, adjacent to Meridian Avenue East, and shadow-anchored by the thriving Surprise Lake shopping center (including Safeway, Rite Aid, and Dollar Tree), this property boasts unparalleled access and exposure. The lot is zoned Business (B), reflecting its prime position within a rapidly expanding area experiencing significant growth. The high volume of passing vehicles (VPD) ensures substantial visibility for any future development. This build-ready lot features complete infrastructure, including curbs, gutters, and sidewalks, simplifying the development process. Easy ingress and egress are guaranteed, along with connection to the regional drainage system. The property's strategic location in the Meridian corridor, between Milton and Edgewood, offers convenient access to I-5 and major highways, enhancing its appeal to a wide range of businesses. While currently suited for office and retail development, potential alternative uses may be available through a site plan amendment. Don't miss this chance to capitalize on the burgeoning growth in this desirable area. The asking price is $776,713.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Pierce
- State
- Washington
- Longitude
- -122.3
- Latitude
- 47.2437
