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Property profile & analytics
FOR SALE
Land

6002 232Nd Pl SW Mountlake Terrace, WA 98043

85,082 SF Built 1960
Property ID
US90-0941386
6002 232Nd Pl SW, Mountlake Terrace, WA 98043 For Sale
Contact for pricing 85,082 SF
6002 232Nd Pl SW, Mountlake Terrace, WA 98043
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Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Year built 1960
Total area 85,082 SF
UPID US90-0941386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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