Listed by Leo Wells and Brandi Brown of Skyline Properties,Inc.
Prime development opportunity in DT Tacoma! 9525SF lot, zoned WR (Warehouse/Residential District, which is a mixed-use zone designed to blend industrial activities with residential housing) 100ft height limit with no on street parking requirements, developers will save tons of time and upfont costs with this lot as extensive preliminary studies have been done including (Geotech and soil testing, traffic studies, parking, utilities and drainage requirements) and more. Additional info can be provided upon buyers request. Plans range from a small to large 10-56 unit walk-up apartment building with studios and 1-2 bedroom layouts with underground parking or potential mixed use project with ground-floor commercial and residential units above with underground parking. Current plans show 5 stories of residential and 2 stories of subterranean parking with views of downtown Tacoma, Mt Rainier and the Cascades. The property is located within an active transit development corridor with multiple large-scale projects underway in the area. Hospitals, schools, nightlife, freeway access, restaurants, employment opportunities make this high demand rental corridor ideal for fast investment stabilization and long term profitability. Buyer to verify all information to satisfaction. Seller is currently allowing the lot to be used for storage purposes and will negotiate to have lot cleared upon agreement with new buyer. Photos of renderings are for conceptual purposes only

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Listing data courtesy of NWMLS as provided by MLS Grid as of September 7, 2026 4:32 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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