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Updated over 4 years ago,

User Stats

2
Posts
0
Votes
Hung Minh Hoang
0
Votes |
2
Posts

Best usage for property

Hung Minh Hoang
Posted

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.

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