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Listed by COMPASS
$ 2,100,000
Est. payment | /mo
0.94 Acres Lot
$ 2,100,000
Est. payment | /mo
0.94 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Edgewood
MLS Listing ID 2398434
Style 43 - Comm/Industrial
Annual Tax Amount $4,287
Lot Size 0.944 Acres
Property Sub-Type Land
Property Description
Huge investment opportunity to acquire a fully-entitled, shovel-ready multifamily development located in Edgewood Town Center. This .94-acre lot has approved permits & complete architectural/civil plans for a high-demand mixed-use project; 2 buildings offering 39 residential units, 2 retail/office spaces & 54 parking stalls. Designed with modern living & convenience, the project features a gym/flex space, bike storage, EV chargers & carport parking. Utilities available via renovated street. Rent projections, project valuation, ROM construction estimates, approved architectural/civil, MEP & site development landscaping available. Excellent exposure w/16,000 cars/day.Close to I-5, Hwy 18 & Hwy 167. Robust population & strong growth potential.
Location
State WA
County Pierce
Area 72 - Edgewood
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Paved
Sewer Available
Water Available
Schools
School District Puyallup
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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David Anderson
REALTOR® | Lic# 106984