All homes

$500,000

2151 -2155 Martin Luther King Jr Way

Tacoma, WA 98405

Active

Beds

—

Baths

—

Sq Ft

—

Lot

0.19 ac

Year built

—

Type

Land

Days listed

61

MLS #

2544835

About this home

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.

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Lot
Alley, Corner Lot, Curbs, Paved, Sidewalk
Water source
In Street, On Property
Sewer
Available, In Street
Utilities
Electricity Available, Natural Gas Available

Estimate your monthly payment

$2,528/mo

Principal & interest
$2,528
Loan amount $400,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tacoma, WA 98405

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Meridian Real Estate Group— Eric D. Crittendon.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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