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Tacoma,WA 98402
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Stadium District
MLS Listing ID 2453289
Style 42 - Multi-Family
Annual Tax Amount $17,008
Lot Size 0.344 Acres
Lot Dimensions 125x120
Property Sub-Type Land
Property Description
**FULLY PERMITTED** 80-unit Multifamily Development Site (See Offering Memo) OR Modify plans to take full advantage of DCC zoning - 400' Height Limit and no off-street parking req w/ unlimited potential. Shovel-Ready, Transit Oriented Development Site w/ Unobstructed Rainier/Commencement Bay/City Views tucked away in the safety of North Tacoma's Stadium and Theater Districts. Project Value Engineered to Maximize Wood Framing, Avoid Subterranean Parking, Avoid High-Rise req, permitted to 2018 Code, 8-year Property Tax Exemption w/ no affordability req ALL while optimizing unit designs/amenities that maximize revenue. Hit the ground running w/ falling interest rates while strategically delivering in 2027 w/ low new construction inventory!
Location
State WA
County Pierce
Area 20 - North Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Available,Natural Gas Available
View Y/N Yes
View Bay,City,Mountain(s),Sound
Building
Sewer In Street
Water In Street
Schools
Elementary Schools Travis
Middle Schools Hilltop Heritage Middle
High Schools Stadium
School District Tacoma
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks