$2,200,000
For Sale

18522 8th Avenue NE

Shoreline, WA 98155
Listing OfficeWindermere R.E. Shoreline
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime 13,569 SF parcel steps from Sound Transit 185th St Light Rail Station (Aug 31, 2024). Surrounded by 6 parcels (79,732 SF total) listed for sale, rapidly developing MUR70-zoned area. Ideal for foot traffic and business with the upcoming station. Unlock development potential with up to 140' feet allowed per City of Shoreline programs. Convenient access to Seattle. Anticipate value surge with imminent station opening. Combine some or all 7 parcels for significant development. Construct a 400+/- unit multifamily building to meet the growing demand in the area. Ready-to-go infrastructure on 8th Ave Ne & 185th St saves on development costs. Existing homes offer immediate rental income. Listed price reflects this one parcel.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Available, High Voltage Line
      • Lot DescriptionHigh Voltage Line, Paved, Sidewalk
      • Style42 - Multi-Family
      • Date ListedAugust 16, 2024
      • Structure TypeMulti Family
      • Sewer InformationOn Property
      • Utility SourceOn Property
      • SubdivisionNorth City
      • Original List Price$2,200,000
      • School DistrictShoreline
      • Property TypePurchase
      • Taxes Annual$11,690
      • MLS #2278969
      • Cost2200000
      • MLS #2278969
      • Acres0.3115
      • CountyKing
      • Property SubtypeLand
      • Days on Market (Cumulative)126
Donna A WalshReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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