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675 Locust St - 675 Locust 0.93 Acres of Commercial Land Offered at $9,729,930 CAD in Issaquah, WA 98027



INVESTMENT HIGHLIGHTS
- 18-unit townhome project on adjacent site delivering near-term
- Surrounded by parks, trails, and top-tier schools, making it highly attractive for families and outdoor enthusiasts
- ½ block from NW Gilman Blvd with immediate access to grocery-anchored retail, dining, and services
- Near future Issaquah Light Rail station
EXECUTIVE SUMMARY
675 NW Locust is a 40,310 SF rectangular lot zoned MUR, strategically positioned in the heart of Issaquah, just off Gilman Blvd. The immediate area transitions from light industrial to residential and adjacent retail, this property is well-suited for a townhome or mixed-use development, with an adjacent site under construction for an 18-unit townhome project. This is a rare opportunity to capitalize on Issaquah’s ongoing urban evolution with a well-located, efficiently shaped lot primed for residential development.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $9,729,930 CAD | Lot Size | 0.93 AC |
| Price Per AC | $10,514,296.31 CAD |
| Price | $9,729,930 CAD |
| Price Per AC | $10,514,296.31 CAD |
| Lot Size | 0.93 AC |
40,310 SF rectangular lot zoned MUR
DESCRIPTION
Located between 5th Ave NW and 7th Ave NW, 675 Locust is just half a block from NW Gilman Blvd, offering immediate access to grocery-anchored retail, dining, and entertainment options. The site benefits from strong demand drivers, including Issaquah’s highly-rated schools, proximity to major job centers, and a thriving outdoor lifestyle. Its walkability to key amenities and seamless access to major thoroughfares make it a compelling development opportunity in a high-growth market.
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Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 884390-0521 | Improvements Assessment | $1,388 CAD |
| Land Assessment | $5,037,339 CAD | Total Assessment | $5,038,728 CAD |
PROPERTY TAXES
Parcel Number
884390-0521
Land Assessment
$5,037,339 CAD
Improvements Assessment
$1,388 CAD
Total Assessment
$5,038,728 CAD
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675 Locust St - 675 Locust
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