Property profile

814 185Th St Shoreline, WA 98155

OFF-MARKET
Land
Property ID
US90-0194597
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Property summary

AI-generated overview

Exceptional investment opportunity in Shoreline, WA, featuring a 4,786 sq ft commercial and residential land parcel (APN 3235100273) located at 814 NE 185th St, 98155. This property is part of a larger five-lot assemblage totaling over 47,000 sq ft, all zoned MUR70, directly across from the future Shoreline Light Rail station. The MUR70 zoning allows for building heights exceeding 70 feet, presenting significant mixed-use development potential. A preliminary feasibility study by Caron Architecture, completed July 22, 2022 (NWMLS #1982979), evaluated development possibilities for four of the lots. A fifth parcel was added in July 2023, completing the assemblage of the entire south end of the residential block. The asking price of $1,000,000 is for this individual 4,786 sq ft parcel. Potential buyers are responsible for verifying all information provided. This is a rare opportunity to acquire a strategically located parcel with significant upside in a rapidly developing area. The assemblage offers substantial scale for a large-scale project, while this individual lot presents a viable option for smaller-scale development. Don't miss this chance to capitalize on the growth potential of Shoreline's transit-oriented development.

Property profile

Verified
Property type Land
UPID US90-0194597

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

814 185Th St Shoreline, WA 98155
Shoreline metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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