List Search

16440 85th St
Redmond, WA 98052 Downtown Redmond

$4,750,000 USD

Land For Sale  •  0.5 AC

Property Details

  • Property Type Land
  • Lot Size 0.5 AC
  • Zoning Downtown Edge
54 Transit Score
87 Walk Score

Description

The location benefits from exceptional connectivity, including its proximity to the Redmond Transit Center (0.2 miles) and the Sound Transit East Link Light Rail station. These features, coupled with flexible development options, position the site as a unique value proposition in one of the Eastside’s fastest growing markets.
This property is ideally situated near Redmond’s key amenities, offering immediate access to shopping, dining, and recreational opportunities. Its walkable and bikeable location, in close proximity to Lake Sammamish and Marymoor Park, enhances the appeal to future residents.

Highlights

Strong Rental Market: Downtown Redmond’s average monthly rent is $2,461, with a rent growth of 4.6% over the past year
Rental Advantage: With a 79% cost advantage, renting in Redmond is significantly more affordable than homeownership.
Transit-Oriented Development Potential: Located just 0.2 miles from the Redmond Transit Center offers unparalleled connectivity.

Public Transportation

AirportDriveWalkDistance
Seattle Paine Field International 34 min - 21.2 mi
Seattle-Tacoma International 36 min - 24.1 mi
Stren Lea 215-917-1742 Lee & Associates Commercial Real Estate Services
Stren Lea 215-917-1742 Lee & Associates Commercial Real Estate Services