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3103 125th Ave SE - South Bellevue Development Site 0.75 Acres of Commercial Land Offered at $4,500,000 in Bellevue, WA 98005
INVESTMENT HIGHLIGHTS
- Development Site in Submarket with High Barrier to Entry
- Major Technology Center with Strong Rental Demand
- Pivot-Point Location with Proximity to Interstates, Light Rail:
- Opportunity to Maximize Rental Income
EXECUTIVE SUMMARY
Development Opportunity in South Bellevue Located at 3103 125th Avenue SE in Bellevue, Washington, this 0.75-acre development site is the perfect investment opportunity. With a prime location within 2 miles of T-Mobile's headquarters, Bellevue College, and the South Bellevue Light Rail Station, this property offers convenience and accessibility. The site, exclusively offered by Berkadia Seattle, is zoned R-30 and has a total lot size of 32,670 square feet. Preliminary plans propose the development of 14 townhome units with garage parking. With the high demand for affordable housing in the area and the site's proximity to transit, employers, and urban cores, there is great potential for maximizing rental income. Bellevue is a major technology center and home to offices of Microsoft, Google, T-Mobile, Amazon, and more. The high cost of homeownership, combined with the excellent quality of life and job opportunities, ensures a continued demand for apartments in this submarket. Don't miss out on this opportunity to invest in a rapidly growing and highly sought-after location.
DATA ROOM Click Here to Access
- Third Party Reports
PROPERTY FACTS Under Contract
| Price | $4,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.75 AC |
| No. Lots | 1 | No. Stories | 1 |
| Zoning | R-30 | ||
| Price | $4,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.75 AC |
| No. Stories | 1 |
| Zoning | R-30 |
1 LOT AVAILABLE
Lot
| Price | $4,500,000 | Lot Size | 0.75 AC |
| Price Per AC | $6,000,000.00 |
| Price | $4,500,000 |
| Price Per AC | $6,000,000.00 |
| Lot Size | 0.75 AC |
RAW LAND IN THE SEATTLE MSA'S MOST EXPENSIVE SUBMARKET
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CONTACTS
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Chad Blenz -
Mitchell Belcher -
Steven Chattin -
Jay Timpani -
Brandon Lawler -
Berkadia
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3103 125th Ave SE - South Bellevue Development Site
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