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16702 North Rd - Bothell Development Site 2.35 Acres of Residential Land in Bothell, WA 98012

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INVESTMENT HIGHLIGHTS

  • Strategically located in the growth hub of Bothell and Martha Lake
  • High development potential with the capability to construct an 11-13 story building reaching to 135 feet, which could yield approximately 200+ units
  • Comprises four contiguous parcels with a total area of approximately 102,365 square feet (2.35 acres)

EXECUTIVE SUMMARY

This exceptional property, centrally situated in the dynamic growth hub of Bothell and Martha Lake, presents a unique development opportunity for developers. Surrounded by Lynnwood, Mill Creek, and Bothell West, the property features four (4) contiguous parcels totaling +/- 102,365 sf (2.35 acres), zoned MUC (Mixed-Use Corridor) in Unincorporated Snohomish County. The future assemblage is perfectly poised for developers looking to capitalize on a rare opportunity to address the Puget Sound's ongoing housing shortage, with the potential to deliver over 200 units. With incentives for high-density projects, underground parking possibilities, affordable housing benefits, and reduced parking requirements near transit zones, the property aligns with the Urban Core Subarea's transit-oriented development goals. Seize the opportunity to capitalize on the potential of this prime investment in the thriving Bothell area.

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 2.35 AC
Zoning MUC

1 LOT AVAILABLE

Lot

Lot Size 2.35 AC

Project Site 16702 NORTH RD, BOTHELL, WA 98012 Acres: 0.59 16704 NORTH RD, BOTHELL, WA 98012 Acres: 0.35 16706 2ND AVE W, BOTHELL, WA 98012 Acres: 0.64 16708 2ND AVE W, BOTHELL, WA 98012 Acres: 0.77 Land Use Jurisdiction: Snohomish County Zoning: MUC

DESCRIPTION

PROPERTY HIGHLIGHTS - Strategically located in the growth hub of Bothell and Martha Lake, offering convenient access to surrounding areas like Lynnwood, Mill Creek, and Bothell West - Comprises four contiguous parcels with a total area of approximately 102,365 square feet (2.35 acres), providing a substantial land footprint for development projects - Zoned for Mixed-Use Corridor (MUC) in Unincorporated Snohomish County, giving developers a variety of options for commercial and residential planning - High development potential with the capability to construct an 11-13 story building reaching up to 135 feet, which could yield approximately 200+ residential units - Incentives for high-density projects include no maximum density limit, underground parking possibilities, affordable housing benefits, and reduced parking requirements near transit zones, aligning with the Urban Core Subarea's transit-oriented development goals

  • Listing ID: 37722151

  • Date on Market: 9/18/2025

  • Last Updated:

  • Address: 16702 North Rd, Bothell, WA 98012

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