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xxx 28th St NE - Northlake Industrial Park 7.61 Acres of Industrial Land Offered at $3,950,000 in Lake Stevens, WA 98258
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 – six (6) proposed development pads
- Clear and grade permits in hand
- All major studies complete: Critical Areas Study, Geotechnical Report, and Traffic Impact Study (available upon request)
Executive Summary
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.
A Binding Site Plan has been prepared and submitted for review, illustrating eight (6) 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.
*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 developers looking for a de-risked, buildable site.
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
1 Lot Available
Lot
| Price | $3,950,000 | Lot Size | 7.61 AC |
| Price Per AC | $519,053.88 |
| Price | $3,950,000 |
| Price Per AC | $519,053.88 |
| Lot Size | 7.61 AC |
Major pre-development entitlement work complete. Permits and civil engineering approval nearly complete. Buildable site suited for developers seeking certainty on schedule. Ideally suited for small bay development.
Description
This is a de-risked, buildable site suited for developers seeking schedule certainty and a streamlined path to construction. The Northlake Industrial site comprises approximately 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 fully entitled, engineered, and construction-ready. Sewer service is available and may be connected and extended to the site via a Developer Extension Agreement; septic is also an allowed option. Clearing and grading permits are in hand. Due diligence materials, including the Pre-Application Letter, Critical Areas Report, Geotechnical Report, and Traffic Impact Study, are complete and available to qualified parties upon request. A Binding Site Plan has been prepared and submitted for review, illustrating six development pads with dedicated wetland and stormwater management areas. This plan demonstrates the site’s development capacity and may be modified during the review process to suit buyer needs. The property is ideally positioned for small-bay industrial development. Other Key Notes: -Pads may be combined or reconfigured to suit larger users while the Binding Site Plan is still under review. -The internal detention vault on proposed Pad 1 will be subgrade, traffic-rated, and approved for parking above it. Please note that two of the listing photos have been edited to show the current proposed site plan and a visual representation 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 Taxes
| Parcel Number | 290605-004-015-00 | Improvements Assessment | $0 |
| Land Assessment | $930,000 | Total Assessment | $930,000 |
Property Taxes
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xxx 28th St NE - Northlake Industrial Park
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