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xxx 28th St NE - Northlake Industrial Park 7.61 Acres of Industrial Land Offered at $4,795,000 in Lake Stevens, WA 98258

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INVESTMENT HIGHLIGHTS

  • 7.61 ± acres of industrial land in the Hartford Industrial Area of Lake Stevens, WA
  • Site plan can be modified while in review
  • General Industrial zoning allows wide range of uses: contractor yards, warehouse, light and heavy manufacturing, and equipment storage
  • Binding Site Plan prepared and ready for approval – eight (8) proposed development pads
  • Clear and grade permits in hand upon delivery
  • All major studies complete: Critical Areas Study, Geotechnical Report, and Traffic Impact Study (available upon request)

EXECUTIVE SUMMARY

The Northlake Industrial site comprises 7.61 ± acres of vacant, raw, industrial land with largely level topography. The property is in the final stages of entitlement and is planned to be delivered full entitled, engineered, and construction-ready. Sewer service available to be connected and extended to site via a Developer Extension Agreement (septic is also an allowed option). All onsite utility runs, storm detention, and offsite sewer extension to be completed prior to delivery.
Due diligence materials, including the Pre-App Letter, Critical Areas Report, Geotechnical Report, and Traffic Impact Study, are complete and available to qualified parties upon request with a confidentiality agreement.
A Binding Site Plan has been prepared and submitted for review, illustrating eight (8) development pads with dedicated wetland and stormwater management areas. This plan
demonstrates the site’s development capacity and can be changed while in review to suit buyers' needs.

Other Key Notes:
*Pads may be combined or reconfigured to suit larger users NOW, while binding site plan is
in process
*The property may be acquired as one contiguous site.
*Buyers can adjust circulation, access, and building layouts to match their operational needs.
*Internal Detention Vault on proposed pad 1 will be subgrade, traffic rated, and approved to have parking above it.
This unique combination of entitlement-ready status, zoning flexibility, and site configurability makes Northlake Industrial an attractive opportunity for a wide range of users.
Please note that two of the listing photos have been edited to show the current site plan as proposed and a visual of the land once cleared and graded.
The offering party is under contract to purchase the property and has obtained authorization from the current recorded owner to market the
property for assignment or resale prior to closing. For additional information, please contact Rob Serviss.

PROPERTY FACTS

Price $4,795,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Contractor Storage Yard
  • Distribution
  • Industrial Park
  • Open Space
  • Warehouse
Total Lot Size 7.61 AC
Zoning I - City of Lake Stevens Industrial Zoning is very flexible. https://www.codepublishing.com/WA/LakeStevens/html/LakeStevens14/LakeStevens1440.html

1 LOT AVAILABLE

Lot

Price $4,795,000
Price Per AC $630,091.98
Lot Size 7.61 AC

Raw Industrial land with level topography. Site(s) to be delivered construction ready! Fully Entitled, Clear/Grade permits in hand, Binding Site Plan and Civil Engineering approved.

DESCRIPTION

Northlake Industrial is a 7.61 ± acre industrial land opportunity located in the Hartford Industrial Area of Lake Stevens, WA. The property is in the final stages of entitlement and will be delivered with full land use and site development approvals, including Binding Site Plan approval and clear/grading permits in hand. The submitted Binding Site Plan outlines eight (8) development pads designed to accommodate a range of industrial users, from contractor yards and small-scale manufacturing to warehouse and distribution operations. The plan also includes designated wetland and stormwater management areas to ensure compliance and long-term usability. General Industrial zoning offers broad flexibility for use and development. Buyers may elect to purchase the entire site or configure multiple pads to suit their operational needs. All key due diligence items — including the Critical Areas Study, Geotechnical Report, and Traffic Impact Study — have been completed and are available to qualified parties upon request. This property represents a rare entitlement-ready industrial development opportunity in a market with limited supply of approved industrial land.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
290605-004-015-00
Land Assessment
$930,000
Improvements Assessment
$0
Total Assessment
$930,000
  • Listing ID: 37992295

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: xxx 28th St NE, Lake Stevens, WA 98258

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