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
NWM2508142
Land
113
DOM
0.45 acres
0
Multi-F
Pierce
Buyer To Verify
Buyer To Verify
Buyer To Verify
Land
Land
Listing Provided Courtesy of Claire Michelle Fralish, eXp Realty
Krishna Realty data last checked: Apr 18, 2026 03:17 | Listing last modified Apr 15, 2026 22:17,
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Residence Information
0
42 - Multi-Family
Features and Utilities
On Property
On Property
Financial
5356
Cash, Conventional, FHA, VA Loan
12-23-2025
Comparable Information
113
113
Cash, Conventional, FHA, VA Loan
$875,000
$875,000
Apr 15, 2026 22:17
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.
