107 Unit Mixed-Use Development Site - Kent, WA
Mixed-Use Development | Hwy Frontage - 121,000+ VPD | Seattle MSA
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 0.69-acre Mixed-Use Multifamily Development Site, located at 1109 W Harrison Street in Kent, WA. This prime infill commercial/mixed-use site is zoned GC-MU, providing flexible development opportunities that support a blend of retail and residential uses. With a limited supply of available GC-MU land in the area, this property offers exceptional scarcity and strong long-term value, making it an attractive investment opportunity.
Investment highlights
Prime infill commercial/mixed-use site zoned GC-MU, allowing retail and residential combinations.
65-foot height allowance.
Estimated 107 multifamily units based on similar projects in the area.
Frontage along Highway 167 (121,360k VPD).
$109,510k 3-mile average HHI.
Level topography.
Situated amongst the developing Meeker Street Corridor.
Close proximity to downtown Kent, retail, transit nodes, and the planned Kaiser Permanente Medical Center 8-acre development.
Strategic positioning in the Seattle-Tacoma corridor with upside in a thriving metro region.
Low inventory of vacant GC-MU land adds scarcity.
Positioned across the street from another parcel with potential for joint development.
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