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Investment Highlights

  • High Traffic Corridor
  • Scarce Land Availability
  • Adjacent to Ten Trails and Black Diamond Crossing Developments

Executive Summary

MARCUS & MILLICHAP HAS BEEN EXCLUSIVELY CHOSEN TO MARKET
THE BLACK DIAMOND LAND off 3rd Avenue comprises three parcels totaling
approximately 1.94 acres, offering a rare development opportunity within the heart
of a growing South King County community. Zoned Community Commercial (CC), the
property allows for a wide range of retail, office, and service uses designed to support
both neighborhood and regional commerce. Centrally located along a high-demand retail
corridor with very limited supply of available land, this site enjoys excellent visibility and
accessibility for local and regional consumers alike. Its position within King County places
it at the crossroads of the greater Puget Sound market, providing efficient regional access
to key economic centers such as Seattle, Tacoma, Bellevue, and SeaTac, including a
direct route to Seattle-Tacoma International Airport and the surrounding employment and
residential hubs that continue to drive strong commercial growth in the area.

Property Facts

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
Total Lot Size 1.97 AC
Zoning CC - Community Commercial

1 Lot Available

Lot

Price $1,500,000
Price Per AC $761,421.32
Lot Size 1.97 AC

Prime CC Zoning on the WA-169 Highway

Description

The Black Diamond Land assemblage, located just off 3rd Avenue, consists of three contiguous parcels totaling approximately 1.94 acres. Positioned within the core of a steadily expanding South King County community, the site offers a versatile development canvas supported by its Community Commercial (CC) zoning. This designation accommodates a broad spectrum of retail, office, and service-oriented uses, making the property suitable for a variety of commercial concepts aimed at serving both neighborhood and regional needs. The property occupies a prominent location along a high-demand retail corridor where available land is increasingly scarce. Its frontage and visibility allow for strong exposure to consistent traffic patterns, enhancing the appeal for consumer-facing businesses. Accessibility is another key advantage, with convenient connections to major arterials that serve the broader King County region. Situated within the greater Puget Sound area, the site benefits from efficient regional access to major economic centers including Seattle, Tacoma, Bellevue, and SeaTac. Its proximity to Seattle-Tacoma International Airport further supports connectivity and positions the property within reach of significant employment bases and residential communities. This strategic location continues to experience steady commercial momentum driven by population growth, evolving consumer demand, and regional investment.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 39679679

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 31106 3rd Avenue ave, Black Diamond, WA 98010

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