Multifamily Land
For Sale
$600,000
5408 Steilacoom Blvd SW, Lakewood, WA 98499
Bare land ready for multifamily development with utilities on site.
Property SizeContact for details
Days on Market1252
Property Features for 5408 Steilacoom Blvd SW
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1927
Listing Agency:
NWC - KV LLC
(253) 779-8400
Listed By:
DERRICK URQUHART
Source:
Corcoran
Added: Mar 6, 2023
Changed: Aug 8
Last Checked: Jul 16 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NWC - KV LLC
Investment Insights
Based on property information with market context.
This is a multifamily land opportunity suitable for a minimum of four units. The bare land has utilities available to the site, and curb, gutter, and sidewalk are already in place. A new multifamily development is currently in progress adjacent to the property. The location offers access to nearby amenities.
Key Highlights
- Multifamily land opportunity - minimum four units
- Utilities to the site, curb/gutter/sidewalk in place
- New multifamily in progress adjacent to property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 98499, WA
33,188
Population
14,683
Households
2.3
Avg Household Size
35
Median Age
19%
College-Educated
85%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$65,000
Median Household Income
$41,345
Median Earnings
$1,445
Median Rent
$370,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Bare land ready for multifamily development with utilities on site.
Where is this residential land & home lot located?
The property is located at 5408 Steilacoom Blvd SW Lakewood, WA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Multifamily land opportunity - minimum four units; Utilities to the site, curb/gutter/sidewalk in place; New multifamily in progress adjacent to property
