2801 Redwood St - Residential LAND FOR SALE


Milton, WA 98354 175,982 SF
$3,500,000 USD
206-584-6195
2801 Redwood St, Milton, WA for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/5
175,982 SF

2801 Redwood St
Milton, WA 98354


HIGHLIGHTS

  • Zoning Upside
  • Demand Fueled by Southward Migration from King County
  • All Utilities Located on or near site
  • Excellent Regional Connectivity in a Development Friendly Municipality
  • Multiple Access Points
  • Use Flexibility and Incentives

OVERVIEW

The Milton Development Site offers a prime ±4.04-acre multifamily development opportunity with exceptional access, strong neighborhood amenities, and meaningful land-use flexibility. Located near Interstate 5, State Route 161, F and State Route 99, the property provides direct connectivity to major employment nodes while sitting within close reach of everyday retail, grocery, and service amenities that support renter convenience. The site features multiple access points and has major utilities available on or near the property, simplifying the development process. Importantly, the City of Milton has shown a favorable stance toward new development, and the zoning framework provides flexibility for multifamily use with added bonuses available for senior housing, creating multiple viable development pathways and enhancing the site’s long-term potential. Positioned in a submarket bolstered by continued southward migration from higher-priced King County, the site is well aligned with growing demand for quality, attainably priced suburban housing. The immediate area offers limited competing apartment supply, heightening the site’s ability to achieve strong lease-up performance and sustained occupancy. Supported by solid rent comparables, established neighborhood amenities, and the option to leverage zoning incentives for senior housing, the Milton Development Site represents a highly attractive, well-located, and flexible development opportunity in an undersupplied and high-growth corridor.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$866,339/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Milton Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

4.04 AC

LAND SF

175,982 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

URM; UXM

APN/PARCEL ID

042004-4037,042004-4105

ASK ABOUT THIS PROPERTY

RJ VaraNorthmarqMore Info
206-584-6195

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RJ VaraNorthmarqMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.