8412 164 AVE NE, Redmond, WA 98052
8412 164 AVE NE, Redmond, WA 98052
8412 164 AVE NE, Redmond, WA 98052
8412 164 AVE NE, Redmond, WA 98052
8412 164 AVE NE, Redmond, WA 98052
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Manesh Lakhani

Manesh Lakhani

+1(425) 623-3958
Listed by:Windermere Bellevue Commons • Joyce Wei
$ 2,580,000
Est. payment | /mo

0.33 Acres Lot

Save
$ 2,580,000
Est. payment | /mo
Save

0.33 Acres Lot

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

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Manesh Lakhani

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(425) 623-3958

manesh@lakhaniteamre.com

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8412 164 AVE NE