Prime location in city limits! Current zoning is HDR intended to allow high density residential development, which allows townhome sites, senior living communities, & multi-family uses. Zoning allows a minimum 2,000SF site size & the potential for 35 homesites depending on development plans. The property is situated at the end of a dead-end street & adjacent to the city's water treatment plant. Power, sewer, water & detached garage on the lot. Value is in developing the land. For expansion opportunities, consider acquiring the neighboring lot which is also for sale MLS#2218183. Recent appraisal adds confidence to this promising potential.
Listing Provided Courtesy of Ashley Britschgi, John L. Scott R.E. Lake Tapps
General Information
NWM2218867
Land
323
DOM
1.65 acres
0
HDR
Pierce
Land
Land
Buyer's Agent Commission
The seller is offering 2.5% of the final sale price of this home to the brokerage or agent representing the buyer. This offer is valid only for participants of the MLS associated with this listing. Learn more.
2.5%
Listing Provided Courtesy of Ashley Britschgi, John L. Scott R.E. Lake Tapps
Krishna Realty data last checked: Jun 23, 2025 13:06 | Listing last modified Feb 22, 2025 01:49,
Source:
Download our Mobile app
Residence Information
0
41 - Res-Over 1 Acre
Features and Utilities
On Property
On Property
Financial
4902
Cash Out, Conventional
04-04-2024
Comparable Information
323
323
Cash Out, Conventional
$1,250,000
$1,250,000
Feb 22, 2025 01:49
Schools
Map
Listing courtesy of John L. Scott R.E. Lake Tapps.
Prime location in city limits! Current zoning is HDR intended to allow high density residential development, which allows townhome sites, senior living communities, & multi-family uses. Zoning allows a minimum 2,000SF site size & the potential for 35 homesites depending on development plans. The property is situated at the end of a dead-end street & adjacent to the city's water treatment plant. Power, sewer, water & detached garage on the lot. Value is in developing the land. For expansion opportunities, consider acquiring the neighboring lot which is also for sale MLS#2218183. Recent appraisal adds confidence to this promising potential.
