18504 8Th Ave, Shoreline, WA 98155
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 18504 8Th Ave
- Property type
- Commercial real estate
- APN
- 3235100270
Description
This exceptional 7,198 square foot parcel presents a unique investment opportunity in Shoreline, Washington. Located at 18504 8th Ave NE, this property boasts a prime location just steps from the Sound Transit 185th Street Light Rail Station, slated to open in Q4. The MUR70 zoning allows for significant development potential, with the City of Shoreline programs permitting up to 140 feet in height. This parcel is one of seven contiguous parcels totaling 79,732 square feet, all currently listed for sale, presenting an opportunity for large-scale development. The property's proximity to the light rail station ensures high foot traffic and excellent visibility for businesses, while convenient access to Seattle enhances its appeal. The existing infrastructure on 8th Ave NE and 185th St reduces development costs. The asking price of $1,300,000 reflects the value of this individual parcel. The anticipated surge in value upon the light rail station's opening, combined with the potential for a high-density multifamily development (up to 400 units, based on similar projects), makes this a compelling investment. The property's APN is 3235100270. This is a ready-to-develop site with immediate rental income potential from existing homes.
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Location Insight
- Map
- Local Demand
- City
- Shoreline
- County
- King
- State
- Washington
- Longitude
- -122.32155782208
- Latitude
- 47.763471054602
