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7520 NE Bothell Way - Kenmore Development Opportunity 1.19 Acres of Commercial Land in Kenmore, WA 98028
INVESTMENT HIGHLIGHTS
- Situated between two University of Washington campuses, with easy commutes to Seattle, Everett, Redmond, Bellevue, and Kirkland.
- Due to proximity to transit, City allows for reduced parking reduced parking in the designated zones.
- The 51,677 SF site includes two parcels, ideal for developing a 178 max unit apartment building
- Vibrant, pedestrian-oriented community in the City of Kenmore.
EXECUTIVE SUMMARY
2 Parcels: 011410-0904 & 011410-0905
Zoned Urban Corridor & Urban Residential
85' Max Height
Permitted Use of Apartments, Condos, Mixed-Use, Senior/Workforce
Water, Sewer, and PSE Electric/Gas Utilities
Approx. 160 feet on NE Bothell Way
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.19 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | UC - Urban Corridor & Urban Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.19 AC |
| No. Stories | 1 |
| Zoning | UC - Urban Corridor & Urban Residential |
1 LOT AVAILABLE
Lot 2
| Lot Size | 1.19 AC |
| Lot Size | 1.19 AC |
Positioned at one of the most high-visibility corridors in North King County, 7520 NE Bothell Way in Kenmore, WA, offers a rare, compelling opportunity for multi-family developers seeking to capitalize on the region’s robust real estate.
DESCRIPTION
NAI Puget Sound Properties as the exclusive listing agent is pleased to present this exceptional development opportunity in the heart of Kenmore, Washington. Well located at 7520 NE Bothell Way, this prominently positioned development site offers direct frontage along SR-522, delivering exceptional visibility, walkable amenities, and seamless access to one of North King County’s most dynamic growth corridors. It presents a rare opportunity for multifamily developers to leverage Kenmore’s pro-density planning, robust demographics, and strategic proximity to major employment centers throughout the Puget Sound region.
PROPERTY TAXES
| Parcel Number | 011410-0905 | Improvements Assessment | $1,000 |
| Land Assessment | $984,200 | Total Assessment | $985,200 |
PROPERTY TAXES
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7520 NE Bothell Way - Kenmore Development Opportunity
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