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15112 51st Ave NE
Marysville, WA 98271
Smokey Point Residential Development Site · Land For Sale · 3.50 AC

Investment Highlights

  • Located proximate to major employers in Cascade Industrial Center
  • Located in a Qualified Opportunity Zone
  • Zoning allows for apartments, townhouses, duplexes, or single-family residences
  • Easy Access to retail along 172nd St NE, State Ave, and 116th St NE

Executive Summary

Cushman & Wakefield Capital Markets (“C&W”) has been retained as the exclusive investment advisor for the sale of the Smokey Point Residential Development Site (the “Property” or the “Site”), a prime development parcel located at the southwest corner of 152nd St NE and 51st Ave NE in Marysville, WA.

Property Facts Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Single Family Development
Total Lot Size 3.50 AC
Opportunity Zone Yes
Zoning R-18 - The R-18 zone is a medium density multiple-family residential zone.

1 Lot Available

Lot

Lot Size 3.50 AC

The Property encompasses 3.50 acres of flat, residential-zoned land with no wetlands or environmental concerns, providing an ideal foundation for development.

Description

Strategically positioned in the growing Cascade Industrial Center, the Site benefits from proximity to major employers such as Amazon, Tesla, Frito-Lay, Gravitics, Coca-Cola, and the Arlington Municipal Airport. This thriving employment hub fuels robust demand for housing, offering an attractive market for developers and investors.

Property Taxes

Property Taxes

Parcel Number
310533-001-013-00
Land Assessment
$1,056,618 CAD
Improvements Assessment
$187,705 CAD
Total Assessment
$1,244,323 CAD
  • Listing ID: 34756916

  • Date on Market: 2025-02-07

  • Last Updated:

  • Address: 15112 51st Ave NE, Marysville, WA 98271

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