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Listed by:Meridian Real Estate Group • Eric D. Crittendon
$500,000
Est. payment /mo
8,450 Sqft Lot
New
2151 -2155 Martin Luther King Jr WAY S Tacoma, WA 98405
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Hilltop
MLS Listing ID 2544835
Style 40 - Res-Less thn 1 Ac
Lot Size 8,450 Sqft
Lot Dimensions 65x130
Property Sub-Type Land
Property Description
Exceptional development opportunity in Tacoma's thriving Hilltop neighborhood! This offering includes two parcels totaling a prime mixed-use development site with the groundwork already in place. The lots have been cleared, and extensive due diligence has been completed, including Phase I-IV environmental work, infiltration and compaction testing—saving developers valuable time, reducing upfront costs, and streamlining the path to construction. Zoned NCX, the property allows for up to 45 feet of building height, with bonus height provisions readily attainable. A future development can take advantage of spectacular 360-degree views, from Mount Rainier to the Olympic Mountains. Ideally located just steps from the newly completed LINK light rail line and only two blocks from St. Joseph Medical Center, this site is perfectly positioned for a transit-oriented mixed-use project in one of Tacoma's fastest-growing neighborhoods. Opportunities with this level of preparation and location are increasingly rare.
Location
State WA
County Pierce
Area 30 - Central Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N No
Building
Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk
Sewer Available, In Street
Water In Street, On Property
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
"Three Trees" icon indicates a listing provided courtesy of NWMLS.