Rare 11.36-Acre Commercial Development Site in Growing Lake Stevens! Outstanding visibility along the busy SR 9 corridor near Costco, Target and expanding residential neighborhoods. Three adjoining parcels create a large-scale opportunity for a commercial campus, multi-building project or phased development. City of Lake Stevens confirms Commercial District zoning under LSMC 14.36.020, offering a broad range of commercial possibilities. Strong highway exposure with access anticipated from the 98th Ave SE/S Lake Stevens Rd area. Large commercial sites like this are increasingly hard to find in Lake Stevens. Buyer to verify permitted uses, access, utilities and development feasibility.
Glenwood, located between Lake Stevens and the Snohomish River valley, is a residential and semi-rural Lake Stevens neighborhood with wooded backdrops and winding local roads. The neighborhood’s character concentrates around the Lake Stevens downtown strip near Main Street and 91st Avenue NE, where coffee counters, local eateries, and small storefronts set a steady, day-to-day rhythm. Housing reads as a mix of newer subdivisions and older homes on larger lots, with evergreens and open sky shaping the streetscape. Lake access and shoreline parks pull daily life toward the water. The Centennial Trail corridor nearby adds a long, linear route for walking and cycling. Seasonal events and local gathering spots keep the tone grounded and community-minded.
Provided by Walk Score and Local Logic
Market insights
9722 S Lake Stevens Rd · $3,200,000
SALE-TO-LIST
99.1%
Most homes are selling 1% below list price.
LIST PRICE
$3,200,000
Median sale price in this area is $764,369. (76% lower than this home)
PRICE DROP
0 price drops
32% of homes in this area have had a price drop in the past month.
Property details
Exterior
Finance
Exterior features
Partial fencing
Driveway access
Outbuilding(s) and shop on property
Lightly treed areas
Partially cleared land
Pasture land
On-property stream/creek
Dirt road access from the north
Level and sloped topography
Property has a view
Home design
Property type: Land
Style code: Commercial/Industrial
City zoning jurisdiction
Building/structure: None
Parking
Driveway
Security
Security gate
Construction
No building(s) — vacant land
Elevation measured in feet
Utilities
Water available in street (city jurisdiction)
Electricity available and in street
Sewer available in street
No natural gas available
Financial info
Listing terms: Cash or Conventional
Annual tax (2025): $9,516
Other
Lot size: 11.36 acres
MLS lot size source: Chicago Title
Directions: Hwy 9 south at the roundabout (by Costco), take the third exit onto S Lake Stevens Rd; properties on the right
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the R8-12 district is to accommodate higher-density residential uses that may include multifamily condominiums, apartments, townhouses and row houses, as well as any small lot single-family residential units or innovative housing options per Chapter 14.46 in areas served by public water and sewer facilities, as well as the other uses described in Table 14.40-I.
Permitted uses
Include but are not limited to:
Healthcare
Housing-Single unit
Housing-Multiple units
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 85° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Lake Stevens, WA • 98258
Average low and high temperatures (°F)
46
33
47
34
53
38
60
40
65
46
71
50
76
53
77
56
72
52
58
43
51
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 10% for direct sun exposure in Lake Stevens. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 9722 S Lake Stevens Rd
$2,753,130
$447K under list price of $3.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $755K.