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5114 112th Street E

Tacoma, WA 98446
  • $8,000,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: 1894109
UPDATED: 55 min ago
$8,000,000
  • 0
    BEDS
  • 9.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:
Listing Courtesy of Better Homes And Gardens Re Pc.

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-16T10:14:53.99.

www.bhgmckenzie.com/homes/126235420
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5114 112th Street E Tacoma, WA 98446

  • Price: $8,000,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 55 min ago
  • ID#: 1894109
0
Beds
0
Baths
0
½ Baths
9.36
Acres
Neighborhood:
Midland
County:
Pierce
Area:
Parkland
School District:
Bethel
Property 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.
Exterior Features

Carport YN No Garage YN No Lot Features CurbsPavedSidewalk Road Responsibility County Road Surface Type Paved Structure Type Multi Family Style Code 42 - Multi-Family View YN No Waterfront YN No

Interior Features

Building Area Total 0 Fireplace YN No Furnished Unfurnished Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN Yes Electricity Status In Street FIRPTAYN No Gas Status Not Available Irrigation Water Rights YN No Listing Terms Cash Out Possession Closing Possible Use See Remarks Property Sub Type Land Road Information County MaintainedPaved Road On Which Side N Senior Community YN No Sewer In Street Special Listing Conditions None Tax Annual Amount 11173.54 Tax Year 2022 Utilities Electricity Connected Water Source In Street Zoning Class See Remarks Zoning Description Ucor Zoning Jurisdiction County

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Better Homes and Gardens Real Estate McKenzie Group and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-16T10:14:53.99.

 
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Better Homes and Gardens Real Estate McKenzie Group
19188 Eighth Avenue NE
Poulsbo WA, 98370
Listing Courtesy of Better Homes And Gardens Re Pc.