FOR SALE or GROUND LEASE
MAPLE VALLEY
DEVELOPMENT SITE
This land development opportunity is located in the City of Maple Valley, at the heart of a thriving, educated and affluent trade area poised for explosive growth.
26217 MAPLE VALLEY-BLACK DIAMOND ROAD :: MAPLE VALLEY, WASHINGTON
11.33 ACRES OF LAND (DIVISIBLE) F O R C O M M E R C I A L , R E TA I L , M I X E D U S E • All: $8.00/PSF – Part: $15.00 - $25.00/PSF • 4 parcels # 4127000870, #4127000878, #4127000879, #412700-0876 • 12,000 SF flex use building on land (for lease or for sale) • Prime location off SR 169 with great visibility and excellent signage opportunity • High Traffic counts of 14,680 VDT on Maple Valley Black Diamond Rd. (SR- 169) and 264th Street • Zoned Business Park (BP) Zoning within current overlay re-zoning plans allowing various development uses including festival, mixed-use, medical, office, and retail • Freestanding buildings and drive-thru pads available, including a corner traffic light intersection with right/left turn ingress and egress
FOR MORE I N F O R M AT I O N P L E A S E C O N TAC T
Riley Shephard
Lourdes Valdesuso
Gretchen Hamm
425.462.6932
206.618.7003
206.292.6158
[email protected] [email protected] [email protected] MAPLE VALLEY
DEVELOPMENT SITE
MAPLE VALLEY, WASHINGTON
ABOUT THE TRADE AREA
• Approximately 33% of Maple Valley’s
population is made up of youth under the age of 17.
• Across from Maple Valley Town
Square, a Fred Meyer anchored center breaking ground Spring 2011, and Four Corner Square located directly to the south of the property and slated for retail/mixed use redevelopment.
• One of the highest median incomes in King County, $94,076 within a 1-mile radius
• 1-mile population has increased by 64%
over past 10 years with continued growth. The 17th fastest growing city in the Washington.
M O R E F E AT U R E S • King County’s municipality • Level topography • Easy access to recently city upgraded public utilities
2010 ESTIMATED DEMOGRAPHICS 1-Mile
3-Miles
5-Miles
6,146
33,963
64,620
64.06%
29.54%
25.57%
2,021
11,617
21,962
66.14%
31.16%
26.50%
AVG HH INCOME
$105,821
$102,655
$102,007
AVG HOUSING VALUE
$355,035
$344,485
$351,798
POPULATION POPULATION GROWTH 2000–2010 HOUSEHOLDS HOUSEHOLD GROWTH 2000–2010
© 2011 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TL 11-15-11