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8412 164th Ave NE
Redmond, WA 98052
Redmond Central · Land For Sale · 0.33 AC

Executive Summary

Redmond Central presents a rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond, one of the Puget Sound region’s fastest-growing urban centers. The property is zoned Downtown Core (DTC), the city’s highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station, major employers, retail amenities, and a rapidly expanding residential population, the site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, Redmond Central offers investors and developers the opportunity to create a landmark project in one of the Eastside’s most dynamic and desirable submarkets.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
Total Lot Size 0.33 AC
Zoning DTC - Downtown Core

1 Lot Available

Lot

Price $2,580,000
Price Per AC $7,804,488.49
Lot Size 0.33 AC

Property Taxes

Property Taxes

Parcel Number
671970-0130
Land Assessment
$3,960,000
Improvements Assessment
$0
Total Assessment
$3,960,000
  • Listing ID: 40926156

  • Date on Market: 6/15/2026

  • Last Updated:

  • Address: 8412 164th Ave NE, Redmond, WA 98052

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