12901 Newcastle Way
Newcastle WA 98056

Newcastle Development Site

12901 Newcastle Way Newcastle WA 98056

Listing #: 696547 | Status: Available | Last Modified: 3/19/2026 |

For Sale
Peter Wright
Spencer Clark
Jordan Louie
Reed Hunter
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,250,000.0
  • $/SF$ 39.0
  • $/lot sf$ 81.4
  • $/Unit$ 2,250,000.0
  • Listing StatusAvailable
  • Days on Market368
  • Asset ClassMulti-Family, Land
  • Terms
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Topography
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusProposed
  • # of Buildings3
  • # of Floors3
  • # of Units27
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF57730
  • Net Rentable Area57750
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF27653
  • Acres0.63
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street129th Ave SE
  • Market AreaRenton
  • Tax ID #2824059153
  • Additional Parcels
  • ZoningDT with CBC Overlay
Parking Information
  • # Covered Spaces163
  • # Uncovered Spaces-163
  • Total Parking Spots0
  • Parking Ratio

Newcastle Development Site

Public Comments

We are pleased to exclusively offer to the market the Newcastle Development Site, a rare 27,635 square foot development opportunity located in the city of Newcastle just outside of Bellevue, Washington. While the zoning is flexible and would allow the future purchaser the opportunity to permit the parcel to their specific needs, the current owner has put together a detailed site plan and feasibility study. The site plan consists of 27 townhouse units averaging 1,680 square feet each, over a parking garage comprised of 33 stalls and one 4,500 square-foot retail storefront.

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