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Listing Provided by Better Homes and Gardens RE PC  
$8,000,000
5114 112th St E, Tacoma, WA 98446
0 Beds
0 Baths
n/a SqFt

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Listing Provided by Better Homes and Gardens RE PC  
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.
  • Price:
  • $8,000,000
  • Acreage:
  • 9.36
  • Listing ID #:
  • NWM1894109
  • Street Address:
  • 5114 112th St E
  • City:
  • Tacoma
  • State:
  • Washington
  • Postal Code:
  • 98446
  • County:
  • Pierce
  • Community:
  • 66 - Parkland
  • Subdivision:
  • Midland
  • Listing Status:
  • Pending
  • Listing Type:
  • Land
School District: Bethel
  • Furnished:
  • Unfurnished
  • Structure:
  • Multi Family
  • Style:
  • 42 - Multi-Family
  • Lot Features:
  • Curbs, Paved, Sidewalk
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 407722
  • Road Type:
  • Paved
  • Suitable Use:
  • See Remarks
  • Zoning Description:
  • Ucor
  • On Market Date:
  • 2022-03-01
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out
  • Subdivision:
  • Midland
  • Property Taxes:
  • $11,173
  • Tax Year:
  • 2022
  • Existing Water:
  • In Street
  • Sewage Type:
  • In Street
  • Utilities:
  • Electricity Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Better Homes and Gardens RE PC
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

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