For Sale
$1,700,000

18510 8Th AveShoreline, WA 98155

Prime 9,910 SF lot, near light rail.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 9,910 square foot parcel presents a remarkable investment opportunity in Shoreline, Washington. Located just steps from the Sound Transit 185th Street Light Rail Station, slated to open August 31, 2024, this property is ideally positioned to capitalize on the anticipated surge in value and increased foot traffic. The property is zoned MUR70, allowing for high-density development with potential building heights up to 140 feet, as per City of Shoreline programs. This presents a unique chance to develop a substantial multifamily project, potentially exceeding 400 units, to meet the area's growing housing demand. The site benefits from existing infrastructure on 8th Ave NE & 185th St, minimizing development costs. Furthermore, this parcel is one of seven contiguous parcels totaling 79,732 square feet, all currently listed for sale, offering the potential for a large-scale, coordinated development. The asking price of $1,700,000 reflects the value of this individual parcel. Its proximity to Seattle and the upcoming light rail station makes this a truly compelling investment with significant long-term potential. The property's address is 18510 8th Ave NE, Shoreline, WA 98155, and its APN is 3235100265.

Highlights

  • 9,910 SF lot near the Sound Transit 185th St Light Rail Station (opening August 31, 2024).
  • Six adjacent parcels totaling 79,732 SF are also for sale.
  • MUR70 zoning allows for high-density development up to 140 feet.
  • Excellent location with high foot traffic and convenient Seattle access.
  • Significant development potential, including a possible 400+ unit multifamily project by combining all seven parcels.
  • Existing infrastructure minimizes development costs.

Property Details for 18510 8Th Ave

Property type
Land

Location Insight

City
Shoreline
County
King
State
Washington
Latitude
47.763590020347
Longitude
-122.32156111267
18510 8Th Ave, Shoreline, Washington

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18510 8Th Ave
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