6002 232Nd Pl SW Mountlake Terrace, WA 98043
For Sale
FOR SALE| BEST OFFER Unique 8-parcel development assemblage in Mountlake Terrace’s Town Center Zoning District 1, directly north of the new Sound Transit Light Rail Station at I-5 and 236th St SW. The assemblage is comprised of 9 single-family home owners (10 parcels) who are cooperating with each other for marketing purposes to bring this +/- 75,064 SF of land, zoned TC-1, to the market. As part of the Town Center Subarea Plan, the City of Mountlake Terrace is planning a pedestrian connection through Veteran’s Memorial Park starting at the entrance to the assemblage leading to the Light Rail Station. The opportunity to purchase 9 single-family homes in a prime development corridor, all cooperating with each other, is highly unique. Call today for more details! *Zoning information can be found at https://cityofmlt.com/338/Town-Center-Subarea-Plan
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 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.