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24205-24225 56th Ave W - Mountlake Terrace Offering 1.16 Acres of Residential Land Offered at $995,000 in Mountlake Terrace, WA 98043
INVESTMENT HIGHLIGHTS
- Located just off of highly trafficked 244th Avenue
- Zoned BC/D
- 1,900 SF building on site, providing potential for user or cash flow during entitlement process
EXECUTIVE SUMMARY
Large, flat 50,530 SF lot within three minutes of both I-5 as well as the Mountlake Terrace Transit Center. Located just off of highly trafficked 244th Avenue between North Seattle and Lynnwood. 1,900 SF building on site, providing potential for user or cash flow during entitlement process. The property is surrounded by residential to the north and east, higher end retail including Cinebarre and Gene Juarez, as well as a Rite Aid to the south and west
Zoned BC/D.
www.PNWPortfolio.com
Zoned BC/D.
www.PNWPortfolio.com
PROPERTY FACTS Under Contract
| Price | $995,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.16 AC |
| Property Type | Land | ||
| Zoning | BC | ||
| Price | $995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.16 AC |
| Zoning | BC |
1 LOT AVAILABLE
Lot
| Price | $995,000 | Lot Size | 1.16 AC |
| Price Per AC | $857,758.62 |
| Price | $995,000 |
| Price Per AC | $857,758.62 |
| Lot Size | 1.16 AC |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 004893-000-034-00 | Improvements Assessment | $200,300 |
| Land Assessment | $1,298,500 | Total Assessment | $1,498,800 |
PROPERTY TAXES
Parcel Number
004893-000-034-00
Land Assessment
$1,298,500
Improvements Assessment
$200,300
Total Assessment
$1,498,800
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24205-24225 56th Ave W - Mountlake Terrace Offering
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