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Listed by: Kyle Milton, Better Homes and Gardens RE PC, 253-435-5500, Listing Courtesy of NWMLS
$6,750,000
●
Land -
In Contract
5114 112th Street E
Tacoma, WA 98446
Studio
0 Bath
$34,075
Estimated Monthly
0.01%
Cap Rate
About This Property
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:
and .
Unit Size
-
Days on Market
-
Land Size
9.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$931
HOA Dues
-
Year Built
-
Listed By
Last updated: 6 months ago (NWMLS #NWM1894109)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2022 | Listed by Better Homes and Gardens RE PC | $6,750,000 | |
| Listed by Better Homes and Gardens RE PC | |||
| Sep 28, 2018 | Sold | $399,719 | |
| Sold | |||
Property Highlights
Exterior Details
Property Information
Style Code: 42 - Multi-Family
Property Type: Land
Property Sub Type: Land
Road Responsibility: County
Building Information
Structure Type: Multi Family
Building Area Units: Square Feet
Lot Information
Zoning Jurisdiction: County
Lot Features: Curbs, Paved, Sidewalk
Lot Size Acres: 9.36
Lot Size Square Feet: 407722
Elevation Units: Feet
Land Information
Water Source: In Street
Financial Details
Tax Year: 2022
Tax Annual Amount: $11,174
Utilities Details
Water Source: In Street
Sewer : In Street
Location Details
Directions: From Canyon Rd E exit on Hwy 512 head south to 112th St E and then West. Located on the southern side of 112th St E.
Other Details
Selling Agency Compensation: 2
On Market Date: 2022-03-01
Building Info
Overview
Building
Neighborhood
Zoning
Geography
5114 112th Street E
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Clover Creek
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Listed by: Kyle Milton
Listed Office: Better Homes and Gardens RE PC - Listing courtesy of NWMLS
Phone: 253-435-5500
Last Updated: 2023-12-26 12:20:34
Data Source: NWMLS, MLS# NWM1894109
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Better Homes and Gardens RE PC - Listing courtesy of NWMLS
Phone: 253-435-5500
Last Updated: 2023-12-26 12:20:34
Data Source: NWMLS, MLS# NWM1894109
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by RH Advisors, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
