20th Ave W 1.01 Acres of Commercial Land Offered at $3,071,024 CAD in Lynnwood, WA 98037

Positioned in the heart of Lynnwood’s rapidly evolving Urban Center, this ±1.01-acre land site offers a prime opportunity for developers and investors seeking a high-visibility location with exceptional connectivity. Located just off Interstate 5 and near the Ash Way Park & Ride, the site benefits from traffic counts exceeding 170,000 vehicles per day on I-5 and over 43,000 on 164th St SW. Its proximity to I-405 and Hwy-525 further enhances regional access.
Zoned Urban Center (UC), the property supports a wide range of high-density mixed-use development options, including multifamily residential, retail, and office configurations. This zoning encourages vertical or horizontal integration of uses, promoting walkable, transit-oriented environments ideal for today’s urban lifestyle. The site is surrounded by major retail anchors such as Costco, Walmart, Target, Nordstrom, and Alderwood Mall, offering strong co-tenancy potential and consumer draw.
With a list price of $2.2 million, this site presents a compelling value in a market poised for continued growth. The parcel’s visibility, access, and zoning flexibility make it a standout candidate for residential, commercial, or mixed-use development. Whether you're planning a multifamily community, a retail hub, or a professional services center, this location delivers the infrastructure and demographics to support long-term success.