$6,750,000
Pending

5114 112th Street E

Tacoma, WA 98446
Courtesy of Better Homes and Gardens RE PC
Browse all 4 photos

Description

A golden opportunity for the right developer, this strategically located 9.36-acre site consists of 2 parcels set within a rapidly expanding area of Pierce County. Recently rezoned to Urban Corridor (UCOR) allowing up to 60 dwelling units/net acre and a 55’ height limit, with the potential to increase the height limit to 75’ through bonus programs. With easy access to Hwy 512, the zoning allows for a variety of high-density uses including multifamily, senior housing, and mixed-use. Nearly 650’ of frontage along 112th with sewer/water/power in the street. Approximate wetlands have been mapped but not officially delineated, potential for mitigation to reduce buffer zones. Buyer to verify all information. Parcels: 0319121086 and 0319121070.

  • Property Details
    • Property
      • Lot description:Curbs, Paved, Sidewalk
    • Measurements
      • Acres:9.36
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:42 - Multi-Family
  • Utilities / Energy Details
    • Utility
      • Sewer information:In Street
      • Utility source:In Street
      • Utility features:Electricity Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Midland
    • Location
      • School district:Bethel
      • County:Pierce
  • Financial Details
    • Pricing Details
      • Original List Price:$10, 000, 000
      • Days on Market (Cumulative):238
      • Buying Agency Compensation:2
      • Taxes annual:$11, 173
  • Other
    • Source
      • MLS #:1894109

Location

Doug WalkerReal Estate Group
  • Request Info
  • Schedule Showing
By submitting your info, you consent to the Privacy Policy.

Interested in Purchasing 5114 112th Street E?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!

$100
Monthly Payment