Provided by NWMLS, Listed by Kyle Milton, Better Homes and Gardens RE PC

5114 112th Street E

Tacoma, WA, 98446

$8,000,000

$8,000,000
Pending
Pending
 - For Sale
property_type
Land
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.
MLS® ID:
1894109
Listed:
2/28/22
Updated:
7/3/22

Exterior/Building Features

Lot Size
9.36 acres lot
Architectural Style
Multi Family
Lot Details
Curbs, Paved, Sidewalk
Sewer
In Street

School Information

High School
Bethel

Other Property Details

Area Name
66 - Parkland
Taxes
$11173.54
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Pierce
Utilities
Electricity Connected
Water Source
In Street
Pool
No

Property History

Date
Event
Price
Value
5/25/22
Pending
-
-
4/4/22
Price Change
$8,000,000
-19%

Provided by NWMLS, Listed by Kyle Milton, Better Homes and Gardens RE PC

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Data last updated 2:55 AM UTC, 7/3/22

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