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8520 164th Ave NE 0.41 Acres of Residential Land Offered at $6,000,000 in Redmond, WA 98052
EXECUTIVE SUMMARY
This property is ideally situated near Redmond’s key amenities, offering immediate access to shopping, dining, and recreational opportunities. Its walkable and bikeable location, in close proximity to Lake Sammamish and Marymoor Park, enhances the appeal to future residents.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $6,000,000 | Property Subtype | Residential |
| Sale Type | Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | ||
| Zoning | TSQ - Current zoning, Town Square. Proposed zoning, Downtown Core. | ||
| Price | $6,000,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.41 AC |
| Zoning | TSQ - Current zoning, Town Square. Proposed zoning, Downtown Core. |
1 LOT AVAILABLE
Lot
| Price | $6,000,000 | Lot Size | 0.41 AC |
| Price Per AC | $14,520,004.94 |
| Price | $6,000,000 |
| Price Per AC | $14,520,004.94 |
| Lot Size | 0.41 AC |
8520 164th Ave NE, an 18,000 SF corner development site situated in the heart of Redmond. Current zoning, Town Square (TSQ), provides developers a prime opportunity to build a roughly 130-unit multifamily project on a centrally located, flat site.
DESCRIPTION
» Prime Redmond Location: Downtown Redmond offers a vibrant and unique energy on the Eastside, blending its dynamic retail scene—including over 120 shops, restaurants, and entertainment options at Redmond Town Center and Bella Bottega—with high-density multifamily developments and close proximity to the Sammamish River and extensive trail system. » Immediate Connectivity: The site is situated near SR-520 and major transit hubs, ensuring quick commutes to Bellevue (9 miles), Seattle (15 miles), and SeaTac Airport (23 miles). » Lifestyle Amenities: Close to Marymoor Park, Lake Sammamish, and a network of trails, offering unparalleled recreation and outdoor access.
CONTACTS
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Stuart Williams -
Alex Muir -
Scott Rowe -
McCallum Mead -
Lee & Associates Commercial Real Estate Services PNW
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8520 164th Ave NE
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