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About the Listing 4894 - 50861
Vacant Land (0.91 Acres) on 196th St - Transit Oriented Development, Former Alfy's Pizza. Mostly level and cleared and blocks from Light Rail Station (0.3 miles). Located within Opportunity Zone allowing deferred-reduced-excluded gains taxes and eligible for Heritage Community Development Loan ($15MM). Recently upzoned to PCD (Planned Commercial Development), allowing residential mixed use. No height or parking requirements. Ideal for 5/2 podium construction with ground level retail. City to complete new zoning & design standards by May 2025. Property is priced for developer terms. Will negotiate for quicker closing.
Listing Highlights for 4820 196th St SW
Status
Active
Days on Site
173
Property Type
Vacant Land
MLS ®
2345442
Year Built
Total Square Footage
0
Lot/Acreage
0.91
County
Snohomish
Building Name
WALLENE INTERURBAN TR
Neighborhood
Lynnwood
School District
Edmonds
Elementary School
Cedar Vly Community
Middle School
Alderwood Middle
High School
Lynnwood High
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: On Property
Exterior Details
- Lot Description: Paved,Sidewalk,Lightly Treed,Partially Cleared,Zoning: Multi-Family,Office,Retail
- Garage Capacity: N/A
- Lot Dimensions: 293x139
- Zoning: Multi-Family,Office,Retail
- Roof:
- Others:
- Sewer: On Property
Financial Details
- Tax Amount: $13,918
- Taxes w/Assessments: N/A
- Tax/Property ID: 00608400200103
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
4820 196th St SW Lynnwood, WA 98036
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