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Property profile & analytics
OFF-MARKET
Land

18005 Aurora Ave Shoreline, WA 98133

3.63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.63-acre development site, located at 18005 Aurora Ave N in Shoreline, WA 98133, presents a unique opportunity for high-density residential construction. The property is zoned TC-2 (Town Center 2), allowing for a fully permitted 386-unit development. Permits are ready for immediate pickup, streamlining the development process. The site's design envisions a five-story building over a two-story podium, maximizing space and offering a variety of residential options. Its prime location offers convenient access to public transportation, being only 1.4 miles from the Shoreline Light Rail Station, ensuring easy commutes for residents. Furthermore, the property enjoys a highly desirable location adjacent to a Fred Meyer, providing residents with immediate access to shopping and amenities. The King County Assessor's Parcel Number (APN) is 072604-9149. This fully permitted project offers significant potential for investors seeking a prime residential development opportunity in a thriving urban area. The site's size and zoning regulations provide ample flexibility for a variety of residential designs, catering to a diverse range of potential residents. This is a rare chance to acquire a ready-to-develop site in a highly sought-after location.

Property profile
Verified
Property type Land
Lot 3.63 ac (158,123 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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