84 Xx S 140th Street

Burien, WA 98168

About this property

Don't miss your opportunity at one of the last large areas of contiguous land in Burien! This offering consists of 3.77 acres over 6 adjoining tax parcels with a multitude of redevelopment options. These parcels are in Burien's flexible MU-1 zoning district which allows for mixed use commercial and residential development. There are three main avenues underway for redevelopment on these parcels - 1) utilize the current owner's in-principle approvals in preliminary application for 26 townhome/duplex-style residential units. 2) use general MU-1 zoning allowances and design a project to fit your needs. 3) Take advantage of the project's previous vesting in Burien's prior PR zoning and build 6 detached single family residential homes. The majority of the due diligence and pre-planning work has been completed by ownership, and most key elements for vesting approvals have already been completed or conceptually approved by the City of Burien. The project's stage provides verified feasibility while maintaining design flexibility to optimize the site plan for market demands. The property is strategically positioned at the gateway of the emerging 8th Ave S Corridor with direct access to SR-509, SR-518, and I-5, allowing for a seamless commute to Downtown Seattle and the Kent Valley logistics centers. It is 1.3 miles from the Burien Transit Center, 2.7 miles from the Tukwila Int'l Blvd Light Rail Station, and 1.4 miles from shops and restaurants in the Burien Business District.

About this property

Don't miss your opportunity at one of the last large areas of contiguous land in Burien! This offering consists of 3.77 acres over 6 adjoining tax parcels with a multitude of redevelopment options. These parcels are in Burien's flexible MU-1 zoning district which allows for mixed use commercial and residential development. There are three main avenues underway for redevelopment on these parcels - 1) utilize the current owner's in-principle approvals in preliminary application for 26 townhome/duplex-style residential units. 2) use general MU-1 zoning allowances and design a project to fit your needs. 3) Take advantage of the project's previous vesting in Burien's prior PR zoning and build 6 detached single family residential homes. The majority of the due diligence and pre-planning work has been completed by ownership, and most key elements for vesting approvals have already been completed or conceptually approved by the City of Burien. The project's stage provides verified feasibility while maintaining design flexibility to optimize the site plan for market demands. The property is strategically positioned at the gateway of the emerging 8th Ave S Corridor with direct access to SR-509, SR-518, and I-5, allowing for a seamless commute to Downtown Seattle and the Kent Valley logistics centers. It is 1.3 miles from the Burien Transit Center, 2.7 miles from the Tukwila Int'l Blvd Light Rail Station, and 1.4 miles from shops and restaurants in the Burien Business District.

Features and Additional Information

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$1,379,000 Active
0 sqft

Presented By Coldwell Banker 360 Team

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Area Information

130 Burien | Normandy Park | King County | Riverton

$ 1,379,000
This listing is play_arrow 120.6% higher than the average in the area
$ 625,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
186 days on site
This listing is play_arrow 2225.0% above the average in the area
8 days on site in the area

Schools in the Area

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    Elementary School
    Cedarhurst Elem
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    Middle School
    Glacier Middle School
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    High School
    Highline High

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Listed By Max Hoge
Brokerage: KW Greater Seattle

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