5114 112th Street E
Tacoma, WA 98446
9.36 acres | #1894109
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
- Lot DescriptionCurbs, Paved, Sidewalk
- Utility FeaturesElectricity Available
- Style42 - Multi-Family
- Date ListedMarch 01, 2022
- Structure TypeMulti Family
- Original List Price$10,000,000
- Sewer InformationIn Street
- Utility SourceIn Street
- Property TypePurchase
- SubdivisionMidland
- Taxes Annual$11,173
- MLS #1894109
- Cost6750000
- MLS #1894109
- School DistrictBethel
- CountyPierce
- Acres9.36
- Property SubtypeLand
- Days on Market (Cumulative)253
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-06-20 20:12:09. 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.
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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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