30506 3Rd Ave Black Diamond, WA 98010
This exceptional 0.758-acre commercial land parcel is ideally situated in Black Diamond, Washington, at 30506 3rd Ave, zip code 98010, within King County. Priced at $754,650, this property offers significant advantages for developers and investors. The lot boasts prominent monument signage directly off State Route 169/Summit Drive, ensuring high visibility and accessibility. Both lots front SR 169, providing excellent exposure to substantial traffic volume. Conveniently located just one mile from the main access point to the Ten Trails community, this property benefits from proximity to a thriving residential area. Furthermore, all necessary infrastructure improvements have been completed and pre-paid, including water and sewer stubbing to the property, and traffic impact fees and SEPA compliance (14 trips per lot). Access to the parcels is readily available from Summit Drive. This turnkey opportunity presents a rare chance to acquire a well-positioned commercial lot with all the necessary groundwork already in place, minimizing development hurdles and maximizing return on investment. The property's strategic location and pre-paid infrastructure make it an attractive proposition for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.