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    18522 8Th Ave Shoreline, WA 98155

    • Commercial real estate
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-0714350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 18522 8Th Ave

    Property type
    Commercial real estate
    APN
    3235100255

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

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

    Comparable in this City

    • $900,000
      2,207 SF

      Development Site Near Shoreline Light Rail

      Development site with income potential near new Shoreline Light Rail.
      18800 15Th Ave NE, Shoreline, WA 98155
      View Details
    • Contact for pricing
      1.88 Acres

      Shoreline Development Opportunity

      1.88 Acres, 9 Parcels, MUR-45 Zoning
      500 180Th St, Shoreline, WA 98155
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    • $9,627,955
      52,043 SF

      Shoreline MUR-70 Zoned Land Assemblage

      Seven-lot assemblage near light rail station, zoned MUR-70.
      14861 5Th Ave NE, Shoreline, WA 98155
      View Details
    • $13,000,000
      1.85 Acres

      Ridgecrest Rail Station Development

      Prime Shoreline land, light rail access.
      14701 8Th Ave, Shoreline, WA 98155
      View Details
    • $1,000,000

      Shoreline Land: Mixed-Use Potential

      Prime Shoreline land, MUR70 zoning, Light Rail proximity.
      814 185Th St, Shoreline, WA 98155
      View Details
    • $2,200,000

      Shoreline Land: Rail Station Development

      Prime 11,739 sq ft lot, near light rail.
      18516 8Th Ave, Shoreline, WA 98155
      View Details

    Similar Nearby for Sale

    • $11,500,000
      84,385 SF

      Development Site Near Light Rail

      84,385 SF development site near Shoreline light rail station.
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      View Details
    • $900,000
      2,207 SF

      Development Site Near Shoreline Light Rail

      Development site with income potential near new Shoreline Light Rail.
      18800 15Th Ave NE, Shoreline, WA 98155
      View Details
    • $1,000,000

      Shoreline Land: Mixed-Use Potential

      Prime Shoreline land, MUR70 zoning, Light Rail proximity.
      814 185Th St, Shoreline, WA 98155
      View Details
    • $2,200,000

      Shoreline Land: Rail Station Development

      Prime 11,739 sq ft lot, near light rail.
      18516 8Th Ave, Shoreline, WA 98155
      View Details
    • $13,000,000
      1.85 Acres

      Ridgecrest Rail Station Development

      Prime Shoreline land, light rail access.
      14701 8Th Ave, Shoreline, WA 98155
      View Details
    • Contact for pricing
      1.88 Acres

      Shoreline Development Opportunity

      1.88 Acres, 9 Parcels, MUR-45 Zoning
      500 180Th St, Shoreline, WA 98155
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      219,961 SF

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      Prime Retail Space Available Now
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    • $16 SF/Yr
      1,040 SF

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      Shoreline Office Space For Lease

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    • $22 SF/Yr
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      Office Space at Ballinger Park

      Office space available with reception, conference room, and kitchen.
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    • $16 SF/Yr
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      SeaTac Retail Space For Lease

      Cost-effective commercial spaces for lease with excellent visibility and access.
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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
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