16701 22nd Avenue E, Tacoma

$1,550,000

Listing Office: Benchmark Realty LLC.

0 Bed
0 Bath
5 Acres
0 Garage

Outstanding Development Opportunity! Seize the chance to shape the future of this prime location. A preliminary plat for 25-26 lots was started; the final number will depend on the eventual size of the water retention pond required—zoning: single-family homes, multi-family duplexes, triplexes, or four-plexes, subject to conditional permits. Approximately 0.75 acres revealed contamination. Comprehensive underground water testing confirmed the absence of water contamination. The Department of Ecology endorsed a clean-up plan submitted by engineering firm AEG, which bid $434,345 for the clean-up operations. The seller is open to deducting the clean-up cost from the listed price on a full-price offer, closing within a 90-day period.

Essential Information
MLS® #1750047
Price$1,550,000
Bathrooms0.00
Acres5.00
TypeLand
Sub-TypeLand
StatusActive
Community Information
Address16701 22nd Avenue E
Area99 - Spanaway
SubdivisionSpanaway
CityTacoma
CountyPierce
StateWA
Zip Code98445
Exterior
Lot DescriptionOpen Space
School Information
DistrictTacoma
Additional Information
Days on Market2102
Property History
Price Reduced from $1,735,000 to $1,550,000
Price Reduced from $2,100,000 to $1,735,000
Status Changed from Pending Feasibility to Active
Status Changed from Active to Pending Feasibility
LISTING MAP

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Listing information last updated on May 14th, 2024 at 10:43am CDT.