14701 8Th Ave NE Shoreline, WA 98155
Marketing Remarks LIGHT RAIL STATION - 148th ST: Nine (9) lot assemblage fronting 6th & 8t Ave NE and Zoned MUR-70 (7 Stories). Features prime block wide assemblage with possible grocer or other similar ground floor retail component for light rail village opportunity. Approximately 1.8 acres (Aggregate square feet of land 80,465 SF with 66,876 SF buildable). Sellers organized parcels with a signed memorandum of understanding to cooperate (completed). Ready to design and permit. Preliminary feasibility completed with 381 unit proposed plan and massing study. Existing homes are "lease-ready" condition (w/11,430 livable SF). Buyer to verify all information to their satisfaction and intended use.
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.