2801 Redwood St
Milton WA 98354
2801 Redwood Street & 2810 Taylor St
2801 Redwood St Milton WA 98354
Listing #: 708979 | Status: Pending | Last Modified: 7/9/2026 |
For Sale
- Phone:(206) 790-5505
- Email:mherman@northmarq.com
- Office Name:Northmarq Commercial, LLC
- Office Phone:(206) 693-2239
- Office Website:
- Agent Phone:(425) 577-8481
- Agent Email:twyman@northmarq.com
- Agent Phone:(206) 584-6195
- Agent Email:Rvara@northmarq.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,500,000.0
- $/SF$ 3,147.5
- $/lot sf$ 19.9
- $/Unit$ 3,500,000.0
- Listing StatusPending
- Days on Market137
- Asset ClassMulti-Family, Land
- Terms
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Topography
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF1112
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF175810
- Acres4.04
- Property TypeLand
- Office Type
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaMilton
- Tax ID #0420044105
- Additional Parcels0420044037
- ZoningURM
- Year Built1945
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Milton Development Site
The Milton Development Site offers a prime ±4.04-acre multifamily development opportunity with exceptional access, strong neighborhood amenities, and meaningful land-use flexibility. Located near Interstate 5, State Route 161, F and State Route 99, the property provides direct connectivity to major employment nodes while sitting within close reach of everyday retail, grocery, and service amenities that support renter convenience. The site features multiple access points and has major utilities available on or near the property, simplifying the development process. Importantly, the City of Milton has shown a favorable stance toward new development, and the zoning framework provides flexibility for multifamily use with added bonuses available for senior housing, creating multiple viable development pathways and enhancing the site’s long-term potential. Positioned in a submarket bolstered by continued southward migration from higher-priced King County, the site is well aligned with growing demand for quality, attainably priced suburban housing. The immediate area offers limited competing apartment supply, heightening the site’s ability to achieve strong lease-up performance and sustained occupancy. Supported by solid rent comparables, established neighborhood amenities, and the option to leverage zoning incentives for senior housing, the Milton Development Site represents a highly attractive, well-located, and flexible development opportunity in an undersupplied and high-growth corridor. - Zoning Upside - Excellent Regional Connectivity - Demand Fueled by Southward Migration from King County - Development Friendly Municipality - Multiple Access Points - Use Flexibility and Incentives - All Utilities Located On or Near Site - Immediate Proximity to Retail & Amenities


