Priced Improved on Prime multifamily-zoned land in Lakewood's high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work-civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination-saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.
| MLS # | 2506001 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 170 |
| Listing Provided By | eXp Realty | Claire Fralish |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 832 |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.45 |
| Property | 5356 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 37 Lakewood |
| Community Name | Lakewood |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Lakewood) | |
Price: $799,000 low | high Med: $549,999 sqft: 832 low | high Med: 1,288 $ / sqft: $960 low | high Med: $427 On site: 170 low | high Med: 13 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 37 Lakewood |
| Community Name | Lakewood |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Lakewood) | |
Price: $799,000 low | high Med: $549,999 sqft: 832 low | high Med: 1,288 $ / sqft: $960 low | high Med: $427 On site: 170 low | high Med: 13 | |