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16054 3rd Ave SW - Prime 2.67-acre, two-parcel site in Burien 2.67 Acres of Residential Land Offered at $2,700,000 in Burien, WA 98166
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$15,604
|
$5,844.19
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,604
|
$5,844.19
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $15,604 |
| Annual Per AC | $5,844.19 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $15,604 |
| Annual Per AC | $5,844.19 |
PROPERTY FACTS
| Price | $2,700,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Build to Suit | Total Lot Size | 2.67 AC |
| No. Lots | 1 | ||
| Zoning | Burien CC-2 - Currently zoned CC-2 with a City of Burien High-Density Multi-Family Residential land use designation, it can easily convert to RM-48 zoning. | ||
| Price | $2,700,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.67 AC |
| Zoning | Burien CC-2 - Currently zoned CC-2 with a City of Burien High-Density Multi-Family Residential land use designation, it can easily convert to RM-48 zoning. |
1 LOT AVAILABLE
Lot
| Price | $2,700,000 | Lot Size | 2.67 AC |
| Price Per AC | $1,011,235.96 |
| Price | $2,700,000 |
| Price Per AC | $1,011,235.96 |
| Lot Size | 2.67 AC |
This listing is for both tax parcels 3023049036 & 3023049089 combined for 2.67 acres at $3.9M.
DESCRIPTION
Prime 2.67-acre, two-parcel site in Burien offering flexible development potential. Currently zoned CC-2 with a City of Burien High-Density Multi-Family Residential land use designation, it can easily convert to RM-48 zoning, allowing up to 48 units per acre. The seller can deliver under RM-48 zoning if desired, which permits a max height of 60 feet and no commercial requirements (compared to a 35-foot max in CC-2). Centrally located, this site is ideal for commercial, office, apartments, townhomes, senior living, or self-storage development. Conveniently close to SeaTac Airport, Boeing, Amazon Fulfillment, and Westfield Southcenter, with connections to Seattle, Tacoma, and the Eastside via highways 509, 518, I-5, and 405.
PROPERTY TAXES
| Parcel Number | 302304-9089 | Total Assessment | $791,500 |
| Land Assessment | $791,500 | Annual Taxes | $15,604 |
| Improvements Assessment | $0 | Tax Year | 2024 |
PROPERTY TAXES
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16054 3rd Ave SW - Prime 2.67-acre, two-parcel site in Burien
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