18516 8th Avenue Northeast

Shoreline, WA 98155

$2,200,000
Price
11,739 / 0.27
Lot Size / Acres

Description

Prime 11,739 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+/-...Prime 11,739 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.
  1. Listed by J.C. Gagnaire • Windermere R.E. Shoreline
  2. Listed by Chris Haynes • Windermere R.E. Shoreline

Property Details for 18516 8th Avenue Northeast

Community Name
North City
School District
Shoreline
Entry Date
08-16-2024
Sewer
On Property
LISTING UPDATED: 11/14/2024 08:18 AM

Property Details for 18516 8th Avenue Northeast

StatusActive
MLS #2278911
Days on Market97
Cumulative Days on Market96
Taxes$11,167 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.27 AC
CountyKing County

Building Information for 18516 8th Avenue Northeast

Lot Size0.27 AC

Property Information for 18516 8th Avenue Northeast

Summary
Location and General Information
  • Style: 42 - Multi-Family
  • Area: 720 - Lake Forest Park
  • Directions: I5 S Exit 175 turn left onto WA-523 E/NE 145th st Left on 5th Ave NE Rt onto NE 185th st Left at 1st cross street onto 8th Ave NE.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: On Property
  • Water Source: On Property
  • Utilities: Electricity Connected, Natural Gas Available
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • Zoning Remarks: MUR70
  • Lot Topography: Level
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3235100260
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Road On Which Side: West
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 18516 8th Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18516 8th Avenue Northeast

Taxable ValueLand$521,000Additions$285,000Total$806,000
Tax Record2022$8,392 ($699 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,180 SqFtAbove Ground SqFt1,180 SqFtStories1Lot Size11,739 SqFtStyleSingle Family ResidenceYear Built1948ZoningMUR-70CountyKINGAPN323510-0260

Schools near 18516 8th Avenue Northeast

This home is within Shoreline School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Ridgecrest Elementary School
PublicK to 5

Kellogg Middle School
Public6 to 8

Shorecrest High School
Public9 to 12

Aldercrest Annex Home Exchange
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

18516 8th Avenue Northeast is a 0.27 ac of land for sale in Shoreline, WA 98155. This property was listed for sale on August 16, 2024 by Windermere R.E. Shoreline, it's currently listed at $2,200,000. This listing's school district is Shoreline School District. Nearby schools include Ridgecrest Elementary School, Kellogg Middle School and Shorecrest High School. 18516 8th Avenue Northeast is a 0-bed, 0-bath, 0.27 ac of land on a 11,739 sq. ft. / 0.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere R.E. Shoreline

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.