A golden opportu nity 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 hve been mapped but not officially delineated, potential for mitigation to reduce buffer zones. Buyer to verify all information. Parcels: 0319121086 and 0319121070.

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on 5114 112th St E
in Tacoma, WA
Presented by Kyle Milton at
Better Homes and Gardens RE PC.


Property MLS #1894109 from NWMLS

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+ Land Info

Lot Description: Curbs, Paved Street, Sidewalk
Lot Size Acres: 9.36
Lot Size Square Feet: 407722

+ Exterior and Lot Features

Road Responsibility: County Maintained
Roads: CountyMaintained, Paved
Road Surface Type: Paved

+ School Information

High School District: Bethel
+ Display Complete School Details

Collins Elementary School is a public elementary school located approximately 1.1 miles away.
Map directions

Franklin-Pierce High School is a public high school located approximately 2.2 miles away.
Map directions

Morris Ford Middle School is a public middle school located approximately 2.3 miles away.
Map directions

The United Interdenominational is a private elementary, middle and high school located approximately 2.7 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 11173.54000000
Source Listing Status: Pending
Country Region: US
County: Pierce
Directions: From Canyon Rd E exit on Hwy 512 head south to 112th St E and then West. Located on the southern side of 112th St E.
Tax Year: 2022
Source Property Type: Vacant Land
Area: 66 - Parkland
List Development Name: Midland
Source Neighborhood: Midland
Parcel Number: 0319121086
Street Suffix Modifier: Street
Subdivision: Midland
Zoning Description: UCOR
Source System Name: C2C
Buyer Agent Commission: 2
+ Reveal Property Sale History

Price Changed 2023-01-20
$6,750,000
NWMLS

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Price Changed 2022-04-04
$8,000,000
NWMLS

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Listed 2022-03-02
$10,000,000
NWMLS

+ Utilities

Electric: In Street
Sewer: In Street
Electricity Available
Water Source: In Street

+ Building and Construction

Building Area Units: Square Feet
Living Area Units: Square Feet
Structure Type: Multi Family
House Style: Multi-Family
Elevation Units: Feet