3003 81st SE Pl Mercer Island, WA 98040
MF-2L, MF-3, MF-2, P, PBZ, C-O, TC, and B. The location of the zone boundary shall be determined by use of the scale appearing on the zone map unless the location of the bound- ary is indicated by dimensions. 3. Where property abuts Lake Washing- ton, the land use classification of the upland property extends waterward across the abut- ting shorelands and be…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
MF-2 · Mercer Island, WAMF-2L, MF-3, MF-2, P, PBZ, C-O, TC, and B. The location of the zone boundary shall be determined by use of the scale appearing on the zone map unless the location of the bound- ary is indicated by dimensions. 3. Where property abuts Lake Washing- ton, the land use classification of the upland property extends waterward across the abut- ting shorelands and beds to the line of naviga- bility/inner harbor line as established in 1984 by the board of natural resources by Resolu- tion No. 461. 4. In case any uncertainty exists, the planning commission shall recommend and the city council shall determine the location of boundaries. 5. Where a public street is officially vacated or abandoned, the land use classifica- A. Zone Symbol Single-Family R-8.4 Single-Family R-9.6 Single-Family R-12 Single-Family R-15 Multiple-Family MF-2L Multiple-Family MF-2 Multiple-Family MF-3 Business B Planned Business PBZ Commercial Offices C-O Public Institution P Town Center TC Mercer Island City Code 19.01.050 19-5 (Revised 1/05) tion applicable to the abutting property shall apply to such vacated or abandoned street. If a vacated street forms the boundary between two or more zones, the land use classifications of each abutting zone shall extend to the mid- point of the vacated street unless the planning commission recommends and the city council decides otherwise. H. Except as hereinafter provided: 1. No land, building, structure or pre- mises shall be used for any purpose or in any manner other than a use listed in this code, or amendments thereto, for the zone in which such land, building, structure or premises is located. 2. No building or structure shall be erected nor shall any building or structure be moved, altered, enlarged or rebuilt, nor shall any open spaces surrounding any building or structure be encroached upon or reduced in any manner, except in conformity with the requirements of this development code or amendments thereto. 3. No yard or other open spaces pro- vided about any building or structure, for the purpose of complying with the regulations of this code or amendments thereto shall be con- sidered as providing a yard or open space for any other building or structure. (Ord. 99C-13 § 1). 19.01.050 Nonconforming structures, sites, lots and uses. A. General. 1. Purpose.
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.