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1.53 Acre Corner Lot
For Sale
$1,400,000
Pending

7301 176th St E, Tacoma, WA 98375

Corner lot in Fredrickson, zoned NCOR, allows multifamily and commercial.

Property Size66,647 SF
Days on Market453

Property Features for 7301 176th St E

General Information

Standard status Pending
Size 66,647 SF
Property subtype Commercial
Listing Agency: KW COMMERCIAL
Listed By: STEVE DORENBUSH, CCIM · License #117508
Source: Corcoran
Added: May 14, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:04PM

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 KW COMMERCIAL

Investment Insights

Based on property information with market context.

This 1.53-acre corner lot is located in Fredrickson and is currently zoned NCOR, which allows for up to 24 multifamily units per acre, along with senior housing, daycare, and a number of commercial uses. A pending Pierce County zoning update may allow up to 40 units per acre. The property is situated on the signalized corner of 176th Street East and 74th Avenue East, with a traffic count of approximately 27,000 cars per day. It is in close proximity to schools, shopping, restaurants, and employment centers. The property is ideally located on 176th Street East, a high-traffic road connecting Meridian and Canyon. The area is home to a number of notable employers including Boeing, Mountain Mist, and James Hardie, and is close to a variety of restaurants, shopping centers, and local services.

Key Highlights

  • High‑density zoning potential: Currently zoned for up to 24 multifamily units per acre, with potential for up to 40 units per acre pending zoning updates.
  • Prime corner lot location: Located on a signalized corner of 176th and 74th.
  • High traffic volume: Approximately 27,000 cars per day (CPD).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 98375, WA

33,316
Population
10,761
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
93%
High-School Grad
9.7 sq mi
ZIP Area
3,435
Density / Sq Mi
$109,972
Median Household Income
$54,668
Median Earnings
$2,140
Median Rent
$471,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner lot in Fredrickson, zoned NCOR, allows multifamily and commercial.
Where is this commercial land located?
The property is located at 7301 176th St E Tacoma, WA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: High‑density zoning potential: Currently zoned for up to 24 multifamily units per acre, with potential for up to 40 units per acre pending zoning updates.; Prime corner lot location: Located on a signalized corner of 176th and 74th.; High traffic volume: Approximately 27,000 cars per day (CPD).
More about this property
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