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Updated over 4 years ago,
Best usage for property
Hello Everyone, I needed help with evaluating some deals I have in these certain areas of Seattle, WA , & Lynnwood , WA.
(King County & Snohomish County).
I would like to know what is the best use for new construction development on the land to maximize the most value.
All land has public utilities (Water,Sewer etc).
Details are below:
Deal #1: (2)
Shoreline , WA (Near Shoreline CC)
Lot Size: 28,081
Acres: 0.65
Zoning: R12 & R8 (Multifamily)
Details: Tear down home on 1 lot and 4 vacant lots back to back.
Deal #2: (13)
Lynnwood, WA (Near Edmonds Woodway)
Lot Size: 74,923
Acres: 2
Zoning: College District Mixed Use
Details: 2 Acres of land , near Edmonds Woodway high school, Edmonds community college.
Deal #3 (9)
Seattle , WA (Pinehurst/Northgate)
Lot Size: 7,371
Acres: 0.17
Zoning: SF7200
Details: Tear down home in Seattle.
Deal #4 (17)
Seattle, WA (Fremont/Wallingford)
Lot Size: 4000
Acres: 0.09
Zoning: SF5000
Details:
Tear down home with tenants renting.
Seattle, WA (West Seattle)
Lot Size: 7680
Acres: 0.18
Zoning: SF7200
Details:
Small tear down property possible fixer , better use may be land.
Deal #5 (18)
Seattle, WA (Crown Hill)
Lot Size: 6266
Acres: 0.14
Zoning: RSL (M)
Details:
High density zoning, old fixer home with bigger potential in land.
Shoreline, WA (Meridian Park)
Lot Size: 11,762
Acres: 0.27
Zoning: R6
Details:
Old fixer with additional lot in back , better use in land. Close to high school.
Deal #6 (19)
Seattle, WA (Pinehurst)
Lot Size: 7548
Acres: 0.17
Zoning: SF7200
Details:
Bad shape tear down home better use land.
Deal #7 (24)
Seattle, WA (Lake Shore/Mathews Beach)
Lot Size: 12,276
Acres: 0.28
Zoning: SF5000
Details:
On water, home needs major rehab, land may be worth more.
Deal #8 (26)
Seattle, WA (Pinehurst/Olympic Hills)
Lot Size: 16,037
Acres: 0.37
Zoning: SF7200
Details:
Major fixer but land may be better use.
Deal #9 (8)
Lynnwood, WA
Lot Size: 13,503
Acres: 0.31
Zoning: Multifamily Resident
Details:
Tear down home, land zoned multifamily next to highschool.