18504 8th Avenue NE, Shoreline WA, 98155
(Active)
$1,300,000
|
|
MLS# 2192501
Last Updated: 5/17/2024 2:49 PM
Description for
18504 8th Avenue NE
Shoreline, WA 98155
Prime 7,198 SF parcel steps from Sound Transit 185th St Light Rail Station (Q4 opening). Surrounded by 6 parcels (79,732 SF total) listed for sale, rapidly developing MUR70-zoned area. Ideal for foot traffic and business with the upcoming station. Unlock development potential with up to 140' feet allowed per City of Shoreline programs. Convenient access to Seattle. Anticipate value surge with imminent station opening. Combine all 7 parcels for significant development. Construct a 400-unit multifamily building to meet the growing demand in the area. Ready-to-go infrastructure on 8th Ave Ne & 185th St saves on development costs. Existing homes offer immediate rental income. Listed price reflects this one parcel.
Price
$1,300,000
North City
King
2192501
Active
Description
Prime 7,198 SF parcel steps from Sound Transit 185th St Light Rail Station (Q4 opening). Surrounded by 6 parcels (79,732 SF total) listed for sale, rapidly developing MUR70-zoned area. Ideal for foot traffic and business with the upcoming station. Unlock development potential with up to 140' feet allowed per City of Shoreline programs. Convenient access to Seattle. Anticipate value surge with imminent station opening. Combine all 7 parcels for significant development. Construct a 400-unit multifamily building to meet the growing demand in the area. Ready-to-go infrastructure on 8th Ave Ne & 185th St saves on development costs. Existing homes offer immediate rental income. Listed price reflects this one parcel.
Listing Information
| Property Type: Land, Other | ||
| 0.17 Acres | Multi-Family | |
North City
Natural Gas Available, Electricity Connected
Neighborhood
School Information
| District: Shoreline | ||
Room Information
Interior Features
Other,
None
Exterior / Lot Features
MUR70
Level
Corner Lot,Paved
Driving Directions
I5 S Exit 175 turn left onto WA-523 E/NE 145th st Left on 5th Ave NE Rt onto NE 185th st Left at 1st cross street onto 8th Ave NE.
Financial Considerations
| 3235100270 |
| $9,647 |
Listing Price History
Shoreline Real Estate
Shoreline is located in Washington. Shoreline, Washington 98155 has a population of 58,578.
The median household income in Shoreline, Washington 98155 is $100,009. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Shoreline 98155 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/19/2024 | Active | $1,300,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $9,647 USD | - | $937,000 USD | - |
| 2022 | $9,647 USD | 43.00% | $937,000 USD | 41.75% |
| 2020 | $6,746 USD | 13.09% | $661,000 USD | 38.00% |
| 2019 | $5,965 USD | 7.94% | $479,000 USD | - |
| 2018 | $5,526 USD | 20.63% | $479,000 USD | 9.11% |