This Land Property is no longer advertised on LoopNet.com.

Section
Mount Vernon, WA 98274
Land For Sale · 7.33 AC

INVESTMENT HIGHLIGHTS

  • Located in a desirable residential area.
  • Has prime investment potential.
  • Has a large development property.
  • Easy access to I-5, shopping centers, hospitals, and parks.

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 7.33 AC
Cross Streets 30th St
Zoning R1 4.0

DESCRIPTION

One of the last large development properties left in Mt. Vernon city limits, this is an extremely rare opportunity with prime investment potential. Level ground, this 7.33-acre property consists of 2 parcels and is located on a flat bench on the hill in Mount Vernon, surrounded by desirable residential neighborhoods. Convenient to schools and just a few blocks from Mt Baker Middle School, with easy access to I-5, shopping, medical, parks and amenities, including miles of hiking & MTB trails at Little Mountain - this is ready to become the next new-home neighborhood in Mt. Vernon. Surveying, some engineering, previous wetland studies and stormwater design are included. Previously had prelim plat approval for 18 lots in 2019, before city's minimum lot size was removed, could potentially yield as much as 2x more now. Wetland delineation completed 2010 and updated 2020, ACOE permit expired. Soils not completed. Wetlands marked with fencing & non-project clearing permit approved. City easement to maintain stormwater at front of property. Potential for development credit from city for connection of 30th St. Wetland mitigation credits done and transferrable.

PROPERTY TAXES

  • Listing ID: 25879571

  • Date on Market: 6/8/2022

  • Last Updated:

  • Address: Section, Mount Vernon, WA 98274