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    500 180Th St Shoreline, WA 98155
    Property profile & analytics

    500 180Th St, Shoreline, WA 98155

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    • Land
    • 1.88 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 500 180Th St

    Lot size
    1.88 lot acres
    Property type
    Land

    Description

    This exceptional 1.88-acre assemblage in Shoreline, WA, presents a remarkable redevelopment opportunity. Comprising nine parcels (APN: 0927100066, 0927100070, 0927100079, 0927100065, 0927100068, 5662100005, 5662100010, 5662100015, 0927100067), the property is zoned MUR-45, ideal for Transit-Oriented Development (TOD). A massing study indicates potential for 47 three-story townhomes with garages, or a three- or four-story apartment building with approximately 210 units. Located at 500 NE 180th St, Shoreline, WA 98155, this site boasts adjacency to the "Trail Along The Rail" on the 5th Ave NE arterial. The property benefits from its proximity to the highly anticipated Shoreline North/185th Station (completion in 2024), featuring a trenched train track below grade level and behind a noise wall. Situated just north of Seattle, this location offers excellent economic opportunities and access to King County's robust transit network, with a 20-minute commute to Seattle and an estimated 40-minute commute to Bellevue. The I-5 on-ramp is conveniently located five blocks south, providing easy access to both north and southbound lanes. The City of Shoreline actively encourages development on up-zoned parcels, making this assemblage particularly attractive. Current tenants occupy the properties; please do not disturb.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Shoreline
    County
    King
    State
    Washington
    Longitude
    -122.324
    Latitude
    47.76
    More about this property
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