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Property profile

17062 12Th Ave Shoreline, WA 98155

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 14,820 square foot commercial land parcel presents a unique redevelopment opportunity in Shoreline, Washington's desirable North City neighborhood. Located in the Community Business (CB) zone, this property allows for a diverse range of development options, including convenience stores, retail spaces, office buildings, and commercial services. The zoning also permits apartments and higher-density mixed-use projects, catering to the area's growing demand for both residential and commercial spaces. Its strategic location across from a Safeway and a half block from a Walgreens ensures high visibility and convenient access to essential amenities. Furthermore, the property benefits from excellent public transportation access, situated near 15th Avenue and the recently opened light rail stations at NE 185th St and NE 145th St. This prime location, coupled with the flexible zoning, makes this a highly attractive investment for developers seeking to capitalize on the North City area's continued growth and vibrant community. The asking price is $1,099,950, and the property's APN is 6163901462. The address is 17062 12th Ave NE, Shoreline, WA 98155.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17062 12Th Ave Shoreline, WA 98155
Shoreline metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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