( PRICE REDUCED ) SOUTH EVERETT MULTIFAMILY/ ADULT LIVING DEVELOPMENT SITE

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1 For Sale $866,100 ( PRICE REDUCED ) SOUTH EVERETT MULTIFAMILY/ ADULT LIVING DEVELOPMENT SITE 903 West Casino Road, Everett, WA PROPERTY HIGHLIGHTS Just over 3 Acres. Zoned B - 1. Sellers have completed some due diligence and entitlements. Site plans available to share with Buyer. Great freeway access. On a bus line. Near Boeing and schools. Presented by Tyler Lucken Blake Stedman Steve Booth RE/MAX ELITE EACH OFFICE INDEPENDENTLY OWNED AND OPERATED TH ST SW, LYNNWOOD, WA (O)

2 Executive Summary OFFERING SUMMARY Sale Price: $866,100 Price / SF: $6.54 PROPERTY OVERVIEW Outstanding development opportunity. The price has been reduced by motivated Seller. Just over 3 acres of land conveniently located near arterial roads and freeways. On a bus line for easy commuting. Schools and recreation nearby. One mile to Boeing and Paine Field which is actively pursing commercial travel. PROPERTY HIGHLIGHTS Just over 3 Acres. Zoned B - 1. Zoning: B-1 Sellers have completed some due diligence and entitlements. Lot Size: 3.04 Acres Site plans available to share with Buyer. Great freeway access. On a bus line. Near Boeing and schools. Managing Commercial 2

3 Property Details LOCATION INFORMATION Property Name West Casino Road Development Site Street Address 903 West Casino Road City, State, Zip Everett, WA County/Township Snohomish LAND SALE PRICE $866,100 PROPERTY DETAILS Property Type Land Zoning B-1 Lot Size 3.04 Acres APN# Corner Property no Number Of Lots 1 Water Available Telephone Available Cable Available Sewer Available Waterfront PARKING & TRANSPORTATION Street Parking Rail Access No No N/A UTILITIES & AMENITIES Power Available Managing Commercial 3

4 RE/MAX ELITE Site Plan LOCATION DESCRIPTION West on Casino Road from Evergreen Way - 1/2 mile. Adjacent (south) of SR 526. Parcel is Lot # 2 of subject address. Managing Commercial 4

5 Site Plan Managing Commercial 5

6 RE/MAX ELITE Additional Photos Managing Commercial 6

7 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 15, , ,892 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 6,034 44,309 93,574 # of persons per HH Average HH income $51,176 $58,454 $68,624 Average house value $255,495 $285,275 $358,956 * Demographic data derived from 2010 US Census Managing Commercial 7

8 Demographics Report 1 MILE 3 MILES 5 MILES Total population 15, , ,892 Median age Median age (male) Median age (female) MILE 3 MILES 5 MILES Total households 6,034 44,309 93,574 Total persons per HH Average HH income $51,176 $58,454 $68,624 Average house value $255,495 $285,275 $358,956 * Demographic data derived from 2010 US Census Managing Commercial 8

9 RE/MAX ELITE Retailer Map Managing Commercial 9

10 Advisor & Bio Contact 1 PROFESSIONAL BACKGROUND Tyler Lucken serves as a broker for REMAX Elite Commercial in Washington State, a multi-specialty brokerage and leasing firm th st SW, Suite 190 Lynnwood, WA T C WA # Tyler was born and raised in Everett where he attended Everett High School. Upon graduating he joined the job force until finding and pursuing his passion for diving. Tyler attended Divers Institute of Seattle where he received a certification in hard hat diving and various other certifications including Hyperbaric chamber operator, Tyler graduated and went on to work in the Gulf of Mexico's oil industry. He worked on a saturation vessel that specialized in well head installation and abandonment as well as pipeline connection to oil platforms all over the Gulf. Unfortunately he sustained a career ending injury that no longer allows him to dive. After Tyler recovered from his injuries he pursued his longtime interest in Real Estate by acquiring his license in the State of Washington in early He currently focuses on Multifamily properties with a secondary focus on land transactions, investment sales, Landlord/Tenant rep and Leasing in Whatcom, Skagit, Snohomish and King County. MEMBERSHIPS & AFFILIATIONS CCIM Candidate. Managing Commercial 10

11 Advisor Bio & Contact 2 Managing Commercial PROFESSIONAL BACKGROUND Blake Stedman serves as Managing for RE/MAX Elite Commercial Real Estate, specializing in sales and leasing of office, retail, industrial and land in Washington. With 34 years of commercial real estate experience, Blake has worked with regional, national and international companies in numerous Real Estate and Management positions, overseeing portfolios in excess of $100 million. His client list include institutional clients include Qwest, Roundtable Pizza, Jackson Hewitt, Kumon Math and Reading, GP Realty Group, Key Bank, as well as other local and regional clients. Prior to joining RE/MAX Elite Commercial, Blake was one of the top producers for Coast SVN, with combined sales and lease transactions in excess of $97 million, placing him in the top tier brokers within the SVN brokerage community th st SW, Suite 190 Lynnwood, WA T C WA #2495 Blake earned his Bachelor's Degree in Business Management from the California State University Fullerton in 1984 before receiving a scholarship from his employer to attend the coveted University of Southern California's Marshall School of Business. Additionally, he holds his Managing 's Real Estate license from the State of Washington. Blake resides in Bothell, Washington where he currently serves on the Bothell Planning Commission. For relaxation, Blake enjoys spending time with his wife of 39 years and fly-fishing the local rivers. EDUCATION Saddleback Junior College Cal State Fullerton USC School of Business Managing Commercial 11

12 Advisor Bio & Contact 3 PROFESSIONAL BACKGROUND Steve serves his clients as an Advisor with REMAX Elite Commercial Group, specializing in sales and leasing in the multi-family, retail and office markets in Washington. To him the most important part of this role is the building of successful business relationship in which the client achieves his or her goals faster and to a greater level. Steve has an impressive resume partnering with customers large and small in the high tech industry for over 20 years in the Seattle area. In addition to his high technology background Steve brings over a dozen years of real estate success in residential and commercial sales and leasing. He has joined REMAX Elite for its team culture and depth of talent that uniquely supports and drives a client s needs forward. The people and resources at REMAX Elite demonstrate values that align with Steve's and he works every day to translate these resources into meaningful benefits that matter most to the client th st SW, Suite 190 Lynnwood, WA T C WA #50660 Steve grew up in the Seattle area, attended King s High School and then received his BA from UCLA and MBA from the University of Washington. He is a military veteran and has served his community as Chairman of the City of Bothell Planning Commission. He has previously served on the Executive Leadership Committee for Hopelink. He holds his broker s license from the State of Washington and is a CBA, NWMLS and NAR member. He and his wife JoAnn have two sons and reside in Seattle. For relaxation, Steve enjoys running, basketball and cross country skiing. EDUCATION BA UCLA MBA University of Washington MEMBERSHIPS & AFFILIATIONS CBA Commercial s Association NWMLS NorthWest Multiple Listing Service WSCAR Washington State Commercial Assoc. of Realtors NAR National Association of Realtors Managing Commercial 12