6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other commercial/Industrial areas. Exemption from SEPA if 200 units or less is developed. Washington State multi-family tax exemption applies. HUD opportunity zone. Walking distance to medical centers. Future upper level units will have mountain views to the east. Development materials & income in the supplements. Price equates to 190 units at $17,500 per unit. Opportunity for a very profitable project.
Listing Provided Courtesy of Dave Nelson, Dave Nelson Real Estate
General Information
NWM2422645
Land
3
DOM
0.77 acres
0
Commerc
Snohomish
Buyer To Verify
Buyer To Verify
Buyer To Verify
Land
Land
Listing Provided Courtesy of Dave Nelson, Dave Nelson Real Estate
Krishna Realty data last checked: Oct 28, 2025 10:32 | Listing last modified Aug 21, 2025 18:20,
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Residence Information
0
42 - Multi-Family
Features and Utilities
On Property
On Property
Financial
20367
Cash Out, Conventional
08-18-2025
Comparable Information
3
3
Cash Out, Conventional
$3,325,000
$3,325,000
Aug 21, 2025 18:20
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other commercial/Industrial areas. Exemption from SEPA if 200 units or less is developed. Washington State multi-family tax exemption applies. HUD opportunity zone. Walking distance to medical centers. Future upper level units will have mountain views to the east. Development materials & income in the supplements. Price equates to 190 units at $17,500 per unit. Opportunity for a very profitable project.
