Meridian Avenue S – Everett, WA
Property Status: SOLD
Sold Price: $1,447,709.00
The property makes up 4 parcels totaling 4.33 acres. It is primarily rectangular in shape and fronts Meridian Avenue South on the west border and 130th Street SE on the North. Both the south and east property lines border neighboring residential parcels. The property is relatively level and encumbered by a wetland and urban stream on the east side of the parcel assemblage. Consequently with the estimated size of the wetland and buffers needed from the stream, a buildable area is estimated at 2.75 acres.
The Urban Center zoning will allow for many uses from retail, office, multi-family residential, civic, manufacturing and medical uses compatible with transit and pedestrian oriented development. The proposed residential yields are as follows:
Townhomes (16-20 DU/AC): 44-55 units, Garden Style Apartments (20-24 DU/AC): 55-66 units, Apartment/Senior Housing (24-30 DU/AC): 66-83 units.
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“We work with several land brokers across the western U.S. And Ron Branch is among the best. Ron is very technically sophisticated, knowledgeable of the mechanics of the markets in which he operates, and is very focused on adding value to his clients. Moreover, he is gentlemen who is just enjoyable to work with. We would recommend Ron to anyone who needs a solid and honest advisor. “
Dustin Bogue
Century Communities -
“I have worked with Ron on land acquisition for the last 17 years and have appreciated his honest service at Branch Marketing Group. Ron has an excellent reputation as a land broker and provides us great insight into our regional land market. His ability to provide land opportunities to us has been invaluable. I recommend Ron to anyone who is in need of a land expert.”
Eric Campbell
MainStreet Property Group
