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Property profile & analytics
OFF-MARKET
Land

2 106Th St Everett, WA 98208

Property ID
Property summary
AI-generated overview

This exceptional 1-acre property in Everett, Washington, presents a unique development opportunity. Comprising five individual lots situated on a quiet dead-end street in unincorporated Snohomish County, this land is ideally located within the Urban Growth Area (UGA) and zoned UMDR. The UMDR zoning allows for a variety of residential development options, including single-family detached homes, single-family attached homes, duplexes, townhouses, and cottage housing. Furthermore, several special development approaches are permitted, such as Lot Size Averaging, Mixed Townhouse developments, and Planned Residential Developments, offering flexibility for creative project designs. The potential for increased density through Transfer of Development Rights (TDR) further enhances the investment potential. This property is served by the Mukilteo School District and Mukilteo Water/Wastewater District. The asking price is $1,300,000, translating to a land value of $33.29 per square foot. The property is sold "as-is, where-is," and the seller has not conducted any studies. Prospective buyers are responsible for verifying all information to their satisfaction. This is an exceptional opportunity for developers seeking a prime location with significant potential for residential development in a desirable area.

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
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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