430 Maple Ave SW - Residential LAND FOR SALE


Renton, WA 98057- South Renton57,935 SF
$1,645,000 USD
206-584-6195
430 Maple Ave SW, Renton, WA for Sale
$1,645,000 USD
Residential LAND - FOR SALE
1/5
57,935 SF

430 Maple Ave SW
Renton, WA 98057
South Renton


HIGHLIGHTS

  • PREMIER RMF-2 UPZONE
  • 1/2-MILE TRANSIT WALKSHED ADVANTAGE
  • OPTIMIZED SITE EFFICIENCY
  • FLEXIBLE PRODUCT TYPOLOGY
  • PROXIMITY TO INNOVATION HUBS
  • FEE-SIMPLE SALES POTENTIAL

OVERVIEW

The Renton TOD Townhome Site features a 1.33-acre development site in a prime Renton growth corridor, recently upzoned to RMF-2. This designation, combined with the property’s location within a 1/2-mile Middle Housing Walkshed, represents the highest tier of residential development potential in the city. The new zoning effectively doubles the standard density to a base of 40 units per net acre, while state mandated middle housing updates allow for streamlined unit counts and a complete waiver of off-street parking requirements. These combined factors drastically increase the buildable footprint and flexibility for the site. The 58,065 SF parcel is uniquely positioned to capitalize on the Pacific Northwest’s evolving housing laws. By leveraging the zero-parking requirement, a developer can utilize the site’s unique geometry to maximize residential square footage that was previously reserved for vehicle circulation. With the ability to employ Unit Lot Subdivisions (P13) for fee-simple townhouse sales and the potential for significant density bonuses, this site offers a rare “plug-and-play” opportunity to deliver high-density housing in a submarket with a strong pricing ceiling and direct access to major regional employment hubs.

FOR SALE DETAILS

PRICE

$1,645,000 USD

PRICE/ACRE

$1,236,842/AC

PRICE/SF

$28 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Renton TOD Townhome Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

1.33 AC

LAND SF

57,935 SF

OFFSITE IMPROVEMENTS

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

ZONING

RMF-2

APN/PARCEL ID

182305-9165

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.