About this home

Rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond. The property is zoned Downtown Core (DTC), the city’s highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station. The site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, offers investors and developers the opportunity to create a landmark project in one of the Eastside’s most dynamic and desirable submarkets.

Schools

Elementary

Raymond Elem

Middle

Raymond Jnr Snr High

High

Raymond Jnr Snr High

Property details

Water source: Not Available
Sewer: Not Available
Utilities: Electricity Not Available

Costs

Annual taxes: $33,279 (2026)

Estimate your monthly payment

$14,808/mo

Principal & interest: $12,035
Property taxes: $2,773

Down payment (20%) $476,000 Interest rate (%) Loan term (years)

Loan amount $1,904,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Redmond, WA 98052

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Bellevue Commons— Joyce Wei.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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