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Listed by:Windermere Bellevue Commons • Joyce Wei
$ 2,580,000
Est. payment /mo
New
8412 164 AVE NE Redmond, WA 98052
0.33 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Redmond
MLS Listing ID 2544646
Style 43 - Comm/Industrial
Annual Tax Amount $33,279
Lot Size 0.331 Acres
Property Sub-Type Land
Property Description
Rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond. The property is zoned Downtown Core (DTC), the city's highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station. The site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, offers investors and developers the opportunity to create a landmark project in one of the Eastside's most dynamic and desirable submarkets.
Location
State WA
County King
Area 550 - Redmond/Carnation
Interior
Fireplace false
Exterior
Utilities Available Electricity Not Available
View Y/N No
Building
Sewer Not Available
Water Not Available
Schools
Elementary Schools Raymond Elem
Middle Schools Raymond Jnr Snr High
High Schools Raymond Jnr Snr High
School District Raymond
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.