8412 164 Avenue NE · Redmond, WA 98052
Source: NWMLS · Windermere Bellevue Commons · Joyce Wei #NWM2544646
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.
Location
Basics
- Property type
- Land
- Style
- Comm/Industrial
- Lot size
- 14,400 sq ft (0.33 acres)
- County
- King
- MLS #
- NWM2544646
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Waterfront
- No
Utilities
- Water
- Not Available
- Sewer
- Not Available
- Utilities
- Electricity Not Available
Community & fees
- Subdivision
- Downtown Redmond
- Property tax
- $33,279 (2026)
Transaction
- Original list price
- $2,580,000 (7.8% price cut)
- Listed on
- Jun 23, 2026
- Days on market
- 88
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Raymond
- Elementary
- Raymond Elem
- Middle
- Raymond Jnr Snr High
- High
- Redmond High SchoolSchoolDigger 5 stars · Top 2% in WA

Listing provided courtesy of: Windermere Bellevue Commons
Listing agent: Joyce Wei.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-07-28.