5114 112th Street E, Tacoma

$6,750,000

Listing Office: Better Homes and Gardens RE PC.

0 Bed
0 Bath
9.36 Acres
0 Garage

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.

Essential Information
MLS® #1894109
Price$6,750,000
Bathrooms0.00
Acres9.36
TypeLand
Sub-TypeLand
StatusPending
Community Information
Address5114 112th Street E
Area66 - Parkland
SubdivisionMidland
CityTacoma
CountyPierce
StateWA
Zip Code98446
Exterior
Lot DescriptionCurbs, Paved, Sidewalk
School Information
DistrictBethel
Additional Information
Days on Market207
Property History
Status Changed from Pending Feasibility to Pending
Status Changed from Active to Pending Feasibility
Price Reduced from $8,000,000 to $6,750,000
Status Changed from Pending Feasibility to Active
Status Changed from Active to Pending Feasibility
Show All History (6)
LISTING MAP

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Listing information last updated on May 14th, 2024 at 2:02pm CDT.