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8412 164th Ave NE - Redmond Central 0.33 Acres of Commercial Land Offered at $2,580,000 in Redmond, WA 98052



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
| Price | $2,580,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Property Type | Land | ||
| Zoning | DTC - Downtown Core | ||
| Price | $2,580,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.33 AC |
| Zoning | DTC - Downtown Core |
1 Lot Available
Lot
| Price | $2,580,000 | Lot Size | 0.33 AC |
| Price Per AC | $7,804,488.49 |
| Price | $2,580,000 |
| Price Per AC | $7,804,488.49 |
| Lot Size | 0.33 AC |
King County Parcel Number 6719700130; 14,400-square-foot / 0.331 AC in Downtown Redmond
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 671970-0130 | Improvements Assessment | $0 |
| Land Assessment | $3,960,000 | Total Assessment | $3,960,000 |
Property Taxes
Parcel Number
671970-0130
Land Assessment
$3,960,000
Improvements Assessment
$0
Total Assessment
$3,960,000
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8412 164th Ave NE - Redmond Central
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