Tacoma, WA Land Property For Sale

Prime opportunity at 4020 & 4050 S 19th St, Tacoma WA 98405. Zoned for T (Transitional) use allowing for office or townhouses, this vacant land is a blank canvas for your next project. Investment highlights future proposed light rail along S 19th St, close proximity to Allenmore Medical center and all local amenities. Explore the possibilities.

Introducing the Fawcett Development Site in downtown Tacoma, WA—0.41 acres of raw land presenting a prime opportunity for a 125-unit residential development. Strategically situated in an Opportunity Zone within the bustling Downtown Commercial Core, this property offers immense potential for creating sought-after housing units in a high-demand area while offering tax abatement opportunities to investors. Boasting a strategic location just five blocks from the Old City Hall Light Rail Station and in proximity to major employers like MultiCare and the University of Washington Tacoma, this site is a pivot-point investment. The two-parcel site is able to support a maximum building height of 400 feet for a high-rise community and a completed project would qualify for Tacoma's Multifamily Tax Exemption Program, allowing ownership to receive a property tax exemption for up to 12 years. With plans for thoughtfully designed studio, one, and two-bedroom units, residents will enjoy a modern urban lifestyle surrounded by a host of amenities. The Downtown submarket of North Tacoma is widely regarded as one of the hottest markets, attracting developers and residents alike due to its vibrant atmosphere and accessibility to key amenities. With its proximity to major employers and a robust rental market, this property represents a lucrative opportunity for investors looking to capitalize on Tacoma's growing real estate landscape.

Centrally located parking lot w/more opportunity than I can list. RCX Zoning - build 60' up w/no setbacks and 75% or more of the building residential. Imagine what you can do with that? The location makes the possibilities endless; this close to the courthouse and jail would be a perfect spot for law offices, maybe w/a live/work component? You're also 2 blocks from MLK way and all the development happening there. Tenants would be steps from countless bars, restaurants, shops, and parks in the area, w/more on the way. And only three blocks from the light rail at the corner of MLK and S 11th, so getting downtown is a breeze. With easy access to I5 and highway 16, the Puget Sound beckons, all that's missing is you and your concept.

Land Size: 39,875 SF (0.915 AC)

Sale Price: $900,000

• Well located property near S 56th St and Tacoma Mall Blvd

• Traffic count approximately 26,000 at S 56th St and Tacoma Mall Blvd

• Allowable uses include single-family dwelling, duplex, triplex, multiple-family dwelling

• Power, sewer, water available

We are pleased to present an exclusive opportunity to acquire the Frederickson Development site. The 5-acre site is flat and rectangular and can accommodate a variety of different end uses. Current ownership is in the entitlement process for a 120-unit apartment community however, the site could also be repurposed for single family homes and/or townhouses.

Contractor Yard with a 1,089 SF office and secure/fenced on a half acre yard with direct visibility along I-5 in the center of Tacoma and Lakewood.

Conveniently situated near Pacific Ave. and Hwy 512, the proposed 6-unit complex is poised to offer modern living in the heart of Parkland. Each unit boasts 3 bedrooms, 2.5 bathrooms, and a spacious 1-car garage, totaling 1,634 sq ft of living space. Property includes 2 parcels consisting of 21,148 sq ft of flat developable land.

Building is occupied. Please do not disturb. Reach out to listing agents to schedule showings.

Nestled on four parcels, Madison School is a multifamily redevelopment opportunity situated within close proximity to I-5, Hwy 16, Tacoma Mall and variety of retail and services. Urban Residential Mixed Use District zoning allows for a number of uses primarily focusing on apartments, townhomes and etc.

Structures include 29,733 SF main school building, 16,300 SF circular classroom building and 2,800 SF detached gymnasium. School grounds feature paved parking lots and two playgrounds. Boundary line adjustment is in progress. Upon completion, site size shall be 5.55 Acres.

Development opportunity in the heart of the 6th Ave District! Corner lot with double street frontage to both Steele & Prospect Streets, providing many possible uses. Apartment Complex? Townhomes? Live/Work spaces? Retirement Home? Adult Care Facility? Choice is yours. URX zoning allows for a maximum building height of 45 ft and requires a minimum of 10 units on this lot, but allows for many more depending on lot transformation. No front, back or side yard setbacks required. Sewer, water & power onsite. Centrally located near Stadium District, Hilltop, Downtown & Highway 16. Nearby transit allows you to take advantage of reduced parking requirements. Structures on property to be sold as-is.

Sale Price: $4,250,000

• 5 Tax Parcels

• 64,033 SF (1.48 Acres)

• M1/M2 Zoning

• Walking distance to Tacoma Dome Station and Transit Center

• Unobstructed views of Mt. Rainier & towards Commencement Bay

IOS Yard w/Long Term Lease For Sale

Available Size: 1.66 AC (72,310 SF)

Building Size: 905 SF

Sale Price: $3,600,000

Year 1 NOI: $216,930

Cap Rate: 6%

2.38 acres in Lakewood zoned Air Corridor (industrial uses). Site has existing houses / structures and is ready to be redeveloped per the Air Corridor zoning. Ideal for contractor warehouse and yard. Easy access to I-5 and Highway 512.

This well located 3.89-acre site is located in the dynamic city of Tacoma, offering easy access to I-5 and the rapidly expanding, 1.3 million square foot Tacoma Mall. With its C-2 zoning, this property offers investors the opportunity to build a high density multifamily community with up to 400 units. In addition to a variety of commercial uses, as well. Boasting great visibility due to its location on I-5, this property is a rare find. With its convenient location and versatile zoning, this property is ideal for a wide range of commercial ventures. Take advantage of this unique opportunity to secure a prime location in a thriving market.

Nestled in the heart of downtown Tacoma, this vacant land isn’t just any empty space—it’s a prime opportunity awaiting your vision. Currently a paved & fenced parking lot, this gem boasts RCX mixed-use zoning, opening doors to a plethora of potential ventures. Whether you dream of crafting luxurious residences, vibrant multi-family dwellings, or setting the stage for bustline commercial ventures, this lot can bring it to life. Located amidst the pulse of Tacoma’s downtown scene, accessibility and visibility abound, ensuring your vision transforms this space into a hub of innovation and your venture captures attention. Whether you’re an investor, developer, or visionary entrepreneur, make your mark on Tacoma’s vibrant tapestry.

Introducing a unique opportunity to acquire a downtown Tacoma, Washington, land parcel. Note that only a small percentage of units built need to be designated as affordable to qualify for an 8- to 12-year property tax exemption. The owner will consider partnering with a developer for the construction of a multifamily asset through a contribution of the value of the land and possibly additional cash. Owner is also willing to carry a contract.

Land Size: 44,431 SF (1.02 Acres)

Office Size: 1,034 SF

Shop Size: 608 SF

Loading: 2 GL Doors

Lease Rate: $0.24/SF/Mo, NNN

Sale Price: Call Broker

• The property includes a small office building and shop space

• Located in close proximity to Hwy-512, this property offers a prime location with easy accessibility

• Zone designated for industrial use

• The property has a spacious graveled yard, and a secure fence and gate

This developable land is located at the intersection of Bridgeport Way SW and 93rd St SW in Lakewood. It boasts a highly desirable location within a bustling retail corridor, between the main thoroughfares of Steilacoom Boulevard and Gravelly Lake Drive. Its prime location makes it an excellent choice for the establishment of a drive-through. Highly desirable CBD zoning allows for a wide ranges of uses. The property offers exceptional visibility and exposure, further enhancing its appeal for potential businesses seeking a strategic and lucrative location.

The property is in the city Tacoma Downtown mixed use (DMU) The zoning allows for 100 ft which would allow the building to have unobstructed views of Thea Foss Waterway. The density would allow for 61 units to be built on the property.

Blocks away from the Tacoma Dome.

Easy access to downtown Tacoma.

Close proximity to freeways.

High visibility parcel on 47th Street across from Tacoma Mall. UCX Zoning allows for multiple uses including retail, office, residential all with 75 foot height limits.

Utilities to premises. 502 retail allowed

Opportunity to purchase Tacoma’s premier development site, the Super Block. Located in the heart of the Financial District, immediately adjacent to freeway on and offramps, the site is ideally situated for development. The Downtown Commercial Core zoning has a height limit of 400’; initial studies and drawings indicate an ability to build nearly 1M square feet of office, retail, hospitality, and multifamily between the two properties. Interim parking income and extensive pre-development/ due diligence work provides a developer a clear path forward. The site also fall within a Qualified Opportunity Zone.

The Super Block, 69,165 SF of land with additional underground parking, provides a developer the ability to control a full city block in Downtown Tacoma. A developer would have the ability to vacate the alley between the two parcels providing approximately 12,000 SF of additional land, and almost 2 contiguous acres in total. Extensive pre-development work has been completed including construction drawings for a 250,000 office building, and multiple massing studies depicting up to a 665,000 SF office building with underground parking and retail. The Super Block currently has approximately 300 parking stalls, including secure underground parking.

6,000 SF of Vacant Land listed at Appraised Value in the Downtown Commercial Core of Tacoma. Building heights up to 400 feet allowed in Zoning along with a multitude of allowed commercial and residential uses.

With frontage on both Fawcett and Court D, the property is well located within the Downtown market. Over 2,000 units constructed within 1.5 miles and an additional 2,150 units under construction*. With strong population growth projections and , demand will remain strong.

*unit numbers derived from CoStar property reports.

Signalized 1.53 acre corner lot in Frederickson with NCOR zoning! Surrounded by SF and MF. Utilities in street

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.

Opportunity to purchase one of Tacoma’s premier development sites, the 12th & A Street parking lot. Located in the heart of the Financial District and immediately adjacent to freeway on and off ramps, the site is ideally situated for development. The Downtown Commercial Core zoning has a height limit of 400’; initial studies and drawings indicate an ability to build nearly 275,000 square feet of office, retail, hospitality, and/or multifamily. Interim parking income and extensive pre-development/due diligence work provides a developer a clear path forward. This site also falls within a Qualified Opportunity Zone.

The 12th & A Street property, one full city block and ±32,837 SF of land with additional underground parking, provides a developer the ability to construct a building with uninhibited water and mountain views. Additional feasibility studies for a hotel/apartment building have also been conducted.

Rare third acre corner lot on 6th Ave in Tacoma! Zoned C-2, General Community Commercial District, with many permitted uses: Office, Retail, Restaurant, Drive-Thru, Gas Station, Self-Storage, Large Scale Retail, and Personal Services. The maximum retail square footage is 45,000 SF with no other Floor Area Ratio (FAR) requirements. Height limit is 45 ft.

Buyer to verify all information.

16,250 SF retail lot located on 6th Ave in Tacoma, only a few blocks from Tacoma General Hospital. The area has a vibrant retail district as well as a good balance of local services, schools, and residential. Approximately 10,000 cars per day (CPD).

Easy access to Hwy 16, and I-5. Close proximity to Ruston Way, Point Defiance, the Port of Tacoma, and the Point Defiance - Tahlequah Ferry dock.

Tax iD #: 2006300010

Large corner lot includes plans for 12 units. 2 bed/2 bath units. Projected rent starting at $1,600. Proposed building is a three story. All utilities on street. Vacant, mostly flat property; No clearing needed. Located on the corner of Pacific Ave and 79th St. Close to all amenities and public transportation. Walking distance to bus stop. Seller to provide civil plans, plumbing, mechanical, and electrical.