Bremerton Area Real Estate Search

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5114 112th Street E
Tacoma, Washington WA 98446
$6,750,000 Price
Active Status
407,722 SqFt
9.360 Acres
1894109 Listing ID
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.
Schedule Showing
Status Active
County Pierce
Subdivision Midland
Property Type Land
Land
Property Sub Type Land

Primary Features

County: Pierce
Price Before Reduction: 8000000
Price Reduction Date: 2023-01-20T15:45:34+00:00
Property Sub Type: Land
Property Type: Land
Subdivision: Midland

External

Electricity Status: In Street
Elevation Units: Feet
Gas Status: Not Available
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
MLS Lot Size Source: Public Records
Road Information: County Maintained,Paved
Road On Which Side: N
Road Responsibility: County
Road Surface Type: Paved
Sewer: In Street
Structure Type: Multi Family
Style Code: 42 - Multi-Family
Utilities: Electricity Available
Water Source: In Street

Location

Country: US
High School District: Bethel
MLS Area Major: 66 - Parkland
Waterfront: no
Zoning Class: See Remarks
Zoning Description: UCOR
Zoning Jurisdiction: County

Additional

First Right Of Refusal: no
Mls Status: Active
Offers: Seller intends to review offers upon receipt
Possible Use: See Remarks
Preliminary Title Ordered: yes
Reports Docs Completed: See Remarks

Financial

Possession: Closing
Sale Type: MLS
Seller Disclosure: Provided
Senior Exemption: no
Special Listing Conditions: None
Tax Annual Amount: 11173.54
Tax Year: 2022

Interior

Building Area Units: Square Feet
Furnished: Unfurnished
Living Area Units: Square Feet

Zoning Info


The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by Realty Station Inc. (4029) and should be verified by the buyer. © 2023 NWMLS. All rights reserved. Data last updated: Saturday, January 28th, 2023 01:31:01 AM.
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Active Listing courtesy of Better Homes and Gardens RE PC
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Contact - Listing ID 1894109

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Realty Station Inc.

Bremerton, WA 98310
Phone: 360-377-5699

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