Bought with Skyline Properties, Inc.
$1,000,000
$980,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
11411 11415 Des Moines Memorial DR Burien, WA 98168
1.2 Acres Lot
Key Details
Sold Price $1,000,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Boulevard Park
MLS Listing ID 1877480
Sold Date 06/06/23
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $10,981
Lot Size 1.201 Acres
Lot Dimensions Irregular
Property Description
Rare investment/development opportunity in business-friendly Burien. Two large adjacent platted lots, each 26,000 SF, with a combined area of 52,325 SF (1.2 acres), flat topography and CC-2 zoning, in an SBA HUBZone, on historic Des Moines Memorial Drive in Boulevard Park, 15 minutes from downtown Seattle. Lots are offered individually or combined into a single property. Lucrative potential for light manufacturing, multifamily or mixed-use development in an appreciating submarket; feasibility studies included for a townhome or apartment complex. Burien’s new Housing Action Plan specifically targets Boulevard Park for accelerated growth in housing unit construction and relaxes regulations for developers of multifamily properties.
Location
State WA
County King
Area _130Buriennormandypark
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront No
View Y/N Yes
View City, See Remarks, Territorial
Building
Lot Description Curbs, Paved, Sidewalk
Sewer In Street
Water Available, On Property, See Remarks
Schools
Elementary Schools Beverly Park Elemat
Middle Schools Sylvester Mid
High Schools Highline High
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157