14861 5Th Ave NE, Shoreline, WA 98155
LIGHT RAIL STATION AREA 145th ST: Rare Seven (7) lot assemblage fronting 5th 6th Avenues NE and Zoned MUR-70 (7 Stories). Includes the corner at 6th Ave 152nd. A "prospective" eighth (8th) lot at 15124 5th Ave NE makes a complete Square with an approximate span of 248' X 240' (Aggregate SF 59,483 / 1.37 Acres) - alt renderings show this design. Architectural designs and renderings show 268 Apartment/Condos Street Lvl Commercial for the7-lots aggregate OR 297 Apartment/Condos Street Lvl Commercial for an 8 lot aggregate. Sellers for 7 parcels are organized with a signed memorandum of understanding. Phase 1 Study comp
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
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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.