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1807 112th St SW - Paine Field Development Site 1.88 Acres of Residential Land Offered at $1,890,000 in Everett, WA 98204
Investment Highlights
- 1.88-acre development site in a high-demand Everett submarket
- Building heights up to 7 stories allowed
- Excellent access to I-5, Everett Mall, Paine Field, and Boeing
- Zoning supports 28 townhomes or a 100+ unit apartment project
- Ideal for workforce housing or multifamily development
- Located near major employment centers and retail amenities
Executive Summary
Prime 1.88-Acre Multifamily Development Opportunity Near Paine Field and Boeing.
An exceptional 1.88-acre townhome/multifamily development site located in one of Everett’s most desirable submarkets, just minutes from Paine Field, Boeing, I-5, the Everett Mall, and the Mukilteo waterfront.
Ideally suited for workforce housing, this property offers the flexibility to develop approximately 28 townhomes—an increasingly in-demand housing option bridging the gap between single-family homes and affordability—or to pursue a high-density apartment project with building heights up to 7 stories supporting well over 100 units.
This is a rare opportunity for builders and developers to deliver a highly sought-after residential product in a location supported by strong economic fundamentals, major employment centers, and lasting lifestyle appeal.
An exceptional 1.88-acre townhome/multifamily development site located in one of Everett’s most desirable submarkets, just minutes from Paine Field, Boeing, I-5, the Everett Mall, and the Mukilteo waterfront.
Ideally suited for workforce housing, this property offers the flexibility to develop approximately 28 townhomes—an increasingly in-demand housing option bridging the gap between single-family homes and affordability—or to pursue a high-density apartment project with building heights up to 7 stories supporting well over 100 units.
This is a rare opportunity for builders and developers to deliver a highly sought-after residential product in a location supported by strong economic fundamentals, major employment centers, and lasting lifestyle appeal.
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- Market Information
- Title and Insurance
Property Facts
| Price | $1,890,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.88 AC |
| Zoning | R3 | ||
| Price | $1,890,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.88 AC |
| Zoning | R3 |
1 Lot Available
Lot
| Price | $1,890,000 | Lot Size | 1.88 AC |
| Price Per AC | $1,005,319.15 |
| Price | $1,890,000 |
| Price Per AC | $1,005,319.15 |
| Lot Size | 1.88 AC |
Prime 1.88-acre development site in Everett near Paine Field and Boeing. Flat, accessible parcel ideal for townhome or multifamily construction, supporting up to 28 townhomes or 100+ units. Excellent location with easy access to I-5 and Everett Mall.
Property Taxes
| Parcel Number | 005379-000-036-00 | Improvements Assessment | $0 |
| Land Assessment | $1,022,000 | Total Assessment | $1,022,000 |
Property Taxes
Parcel Number
005379-000-036-00
Land Assessment
$1,022,000
Improvements Assessment
$0
Total Assessment
$1,022,000
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1807 112th St SW - Paine Field Development Site
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