3103 125th Ave SE - Commercial LAND FOR SALE


Bellevue, WA 98005- Woodridge32,670 SF
$4,500,000 USD
206-491-2008
3103 125th Ave SE, Bellevue, WA for Sale
$4,500,000 USD
Commercial LAND - FOR SALE
1/1
32,670 SF

3103 125th Ave SE
Bellevue, WA 98005
Woodridge


HIGHLIGHTS

  • Development Site in Submarket with High Barrier to Entry
  • Pivot-Point Location with Proximity to Interstates, Light Rail:
  • Major Technology Center with Strong Rental Demand
  • Opportunity to Maximize Rental Income

OVERVIEW

Development Opportunity in South Bellevue Located at 3103 125th Avenue SE in Bellevue, Washington, this 0.75-acre development site is the perfect investment opportunity. With a prime location within 2 miles of T-Mobile's headquarters, Bellevue College, and the South Bellevue Light Rail Station, this property offers convenience and accessibility. The site, exclusively offered by Berkadia Seattle, is zoned R-30 and has a total lot size of 32,670 square feet. Preliminary plans propose the development of 14 townhome units with garage parking. With the high demand for affordable housing in the area and the site's proximity to transit, employers, and urban cores, there is great potential for maximizing rental income. Bellevue is a major technology center and home to offices of Microsoft, Google, T-Mobile, Amazon, and more. The high cost of homeownership, combined with the excellent quality of life and job opportunities, ensures a continued demand for apartments in this submarket. Don't miss out on this opportunity to invest in a rapidly growing and highly sought-after location.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/ACRE

$6,000,000/AC

PRICE/SF

$138 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

South Bellevue Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.75 AC

LAND SF

32,670 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

R-30

APN/PARCEL ID

092405-9173

ASK ABOUT THIS PROPERTY

Chad BlenzBerkadiaMore Info
206-491-2008

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Chad BlenzBerkadiaMore Info
206-491-2008

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