Property details

Seattle Land With Development Potential, Northwest Region

Property Description

8 flat acres located 15 minutes from downtown Seattle.

The parcel is a perfect square shape and zoned commercial - PRC2 which allows for a variety of land uses including, but not limited to; big box retail, hotel, industrial, condo, EB5, adult family home, mixed use, and sports complex.

Views of Puget Sound are possible depending on the type of development.

A 90 acre industrial business park is being developed across the street from this property, therefore, competing with them may not be a good idea.

Suggestions include developing something that augments the development, or does not directly compete, such as big box retail or senior housing.

Highest and best may be something like a 500+ unit senior housing development.













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Highlights

Status:
Available
Price:
$6,800,000
 

Property Information

Property Type:
Land
Industry Type:
Senior Housing
Units/Spaces:
1
Land Area:
8.00 acres
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.