Development Opportunity"”Neighborhood Corridor (NCor) Zoning The primary value is in the land. Zoned Neighborhood Corridor (NCor), this property offers potential for 70+ units, subject to verification of zoning requirements and development approvals. The level, gravelly site is clear of trees, which may help reduce development costs. Water stubs are on the property, and sewer is nearby. The front street is improved and its main corridor . The property was previously permitted for 52 units, but that permit has expired. According to the information provided, zoning density has since changed to allow potential development of 70+ units. An existing rental house with four bedrooms, 2.5 bathrooms, and a three-car garage, along with a large separate office building, and lot of parking, provides income during the permitting process. A compelling opportunity for developers and builders. Do not disturb the tenants and Showing by appointment only, two days notice required.
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LAST UPDATED
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11/13/2026
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TRACT
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Spanaway
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|
YEAR BUILT
|
1965
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COMMUNITY
|
Spanaway
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COUNTY
|
Pierce
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STATUS
|
Active
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PROPERTY TYPE(S)
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Single Family
|
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| Elementary School |
Buyer To Verify |
| Jr. High School |
Cedarcrest Jnr High |
| High School |
Spanaway Lake High |
| AIR |
None |
| APPLIANCES |
Dishwasher, Electric Water Heater, Refrigerator, Water Heater |
| AREA |
99 - Spanaway |
| BASEMENT |
None |
| GARAGE |
Yes |
| HEAT |
Electric, Forced Air |
| INTERIOR |
Bath Off Primary, Water Heater |
| LOT |
2.121 acre(s) |
| LOT DESCRIPTION |
Open Space, Value In Land |
| MLS STATUS |
Active |
| PARKING |
Off Street, Detached, RV Access/Parking |
| SEWER |
Septic Tank |
| STORIES |
1 |
| STYLE |
10 - 1 Story |
| SUBDIVISION |
Spanaway |
| TAXES |
8916.46 |
| UTILITIES |
Cable Available, Sewer Available |
| WATER |
Well, Private |
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