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928 174th St S, Spanaway, WA, 98387

0beds
--baths
--sqft
$5,500,000
--price/sqft
$34,397/moest. monthly cost
$1,375,880/yrincome needed

About This Home

Awesome opportunity for an apartment developer! Zoning is Urban Corridor (UCOR), with 24-60 dwellings per acre. Which means that it could receive between 192 – 480 units. The zoning allows for 55' height limit, with the potential to increase the height limit to 75' through bonus programs. Easy access onto Spanaway loop rd and about a 10 min drive to the base. Located in the rapidly expanding south unincorporated area of Pierce County, this Spanaway property is on 8.54 Acres, 440'x880'. Comprised of (3) separate contiguous lots. Strategically at the JBLM future cross base hwy intersection. This property has it all: a boundary line survey, tree survey, NO OAK TREES, NO WILDLIFE, NO WETLANDS, FLAT W/ 4' of TOPOGRAPHY, 2 possible entrances to property, Utility = PC Sewer coming in summer 2026, Utility = Spanaway Water 12†Mains @ north & south property lines, Utility = Stormwater is easy onsite as it's the best “Spanaway Gravely Sandy Loam Soil Seriesâ€, Utility = High speed internet @ street, Utility = Tacoma Power @ north & south property lines, and approximately $150,000 of market-able timber. Some older designs are included for what we were considering building, as an FYI. Pierce County Pre-Application information forthcoming. The most recent comparable property: 5114 112th Street E Tacoma, WA 98446 | MLS #1894109 Sorry, but NO protracted 18-–24-month long developer agreements, as this is literally a NO BRAINER for a developer. Buyer to verify all information. Feasibilty period can be If the ad is up its still for sale! No LA needed, I got it! No keybox, only serious buyers, looky loos can drive by all you want, but don't enter into the property. Price determined by comps and me. Not interested in Lease wholesalers, please don't call, and we are not desperate to sell. *willing to pay $25,000 towards buyer's agent commission, based on advertised sales price.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

5/10
7/10
4/10
Spanaway Lake High SchoolGrades 9-121.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Details

  • Parcel number: 0319294041

Lot

  • Lot size: 8.50 Acres