Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.
Listing Provided Courtesy of Claire Michelle Fralish, eXp Realty
General Information
NWM2506001
Single Family Residence
114
DOM
3
0.45 acres
2
832
1945
Pierce
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential
Single Family Residence
Listing Provided Courtesy of Claire Michelle Fralish, eXp Realty
Krishna Realty data last checked: May 01, 2026 06:11 | Listing last modified Apr 16, 2026 15:31,
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Residence Information
832
3
2
0
2
Composition
10 - 1 Story
1945
Features and Utilities
Metal/Vinyl
Public
Sewer Connected
Financial
5356
Assumable, Cash, Conventional, VA Loan
12-23-2025
Comparable Information
114
114
Assumable, Cash, Conventional, VA Loan
$875,000
$875,000
Apr 16, 2026 15:31
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.
