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Listed by Benchmark Realty LLC
$ 1,550,000
Est. payment | /mo
5 Acres Lot
$ 1,550,000
Est. payment | /mo
5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Spanaway
MLS Listing ID 1750047
Style 41 - Res-Over 1 Acre
Annual Tax Amount $3,607
Lot Size 5.000 Acres
Lot Dimensions 217800
Property Sub-Type Land
Property Description
Outstanding Development Opportunity! Seize the chance to shape the future of this prime location. A preliminary plat for 25-26 lots was started; the final number will depend on the eventual size of the water retention pond required—zoning: single-family homes, multi-family duplexes, triplexes, or four-plexes, subject to conditional permits. Approximately 0.75 acres revealed contamination. Comprehensive underground water testing confirmed the absence of water contamination. The Department of Ecology endorsed a clean-up plan submitted by engineering firm AEG, which bid $434,345 for the clean-up operations. The seller is open to deducting the clean-up cost from the listed price on a full-price offer, closing within a 90-day period.
Location
State WA
County Pierce
Area 99 - Spanaway
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Lot Description Open Space
Sewer On Property
Water On Property
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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TJ Tuttle
Broker- CEO | Lic# 116954