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Listed by COMPASS
$1,950,000
Est. payment /mo
0.94 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Edgewood
MLS Listing ID 2446836
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 w/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
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