$849,950
For Sale

18504 8th Avenue NE

Shoreline, WA 98155
Listing OfficeWindermere R.E. Shoreline
Browse 2 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime 7,198 SF parcel steps from Sound Transit 185th St Light Rail Station (Q4 opening). 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 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
      • Utility SourceIn Street, On Property
      • Lot DescriptionCorner Lot, Paved
      • Style42 - Multi-Family
      • Date ListedJanuary 19, 2024
      • Structure TypeMulti Family
      • Sewer InformationOn Property
      • SubdivisionNorth City
      • Original List Price$1,300,000
      • School DistrictShoreline
      • Property TypePurchase
      • MLS #2192501
      • MLS #2192501
      • Acres0.1652
      • Taxes Annual$9,647
      • Cost849950
      • CountyKing
      • Property SubtypeLand
      • Days on Market (Cumulative)339
Morgan StarrReal 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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