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Listed by:Kronos Real Estate • Roman Shulyak
$ 925,000
Est. payment | /mo
0.53 Acres Lot
$ 925,000
Est. payment | /mo
0.53 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Fern Hill
MLS Listing ID 2530504
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $2,968
Lot Size 0.534 Acres
Property Sub-Type Land
Property Description
Exceptional development opportunity in the rapidly growing Fern Hill neighborhood of Tacoma! This offering includes fully permit-approved plans for 12 modern townhomes across 3 standalone buildings, each featuring four thoughtfully designed 3 bed / 3.5 bath residences ranging from 1,378–1,520 sqft. Each unit is designed with sought-after rooftop decks, spacious open-concept layouts, and attached 1-car garages. Flat, build-ready site with utilities conveniently located in the street makes for a streamlined and cost-efficient project with immediate groundbreaking potential. Budget-friendly construction plans provide an incredible opportunity for builders and investors looking to capitalize on Tacoma's strong housing demand. Estimated resale values projected between $540,000–$575,000 per unit. Construction budgets and investment breakdown available upon request. All permits, studies and reports are included with listing price. This is the turnkey development project you've been waiting for!
Location
State WA
County Pierce
Area 62 - Southeast Tacoma
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Sewer In Street
Water In Street
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
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