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
Measurements
- Acres9.36
Construction Details
- Style42 - Multi-Family
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesElectricity Available
- Sewer InformationIn Street
- Utility SourceIn Street
Community and Neighborhood Details
- SubdivisionMidland
Location
- School DistrictBethel
- CountyPierce
Financial Details
- Original List Price$10,000,000
- Taxes Annual$11,173
- Days on Market (Cumulative)298
- Buying Agency Compensation2
Other
- MLS #1894109
Legal
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)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
