5114 112th Street E
Tacoma, WA 98446

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
Legal
Claims of Copyright Infringement & Related Issues
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Kyle Milton (#NWM135372)
Listing Office: Better Homes and Gardens RE PC (#NWM2090)

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