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    7301 176Th St E Tacoma, WA 98375

    For Sale
    $1,400,000

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

    Property size:
    66,647 SF

    Property Features for 7301 176Th St E

    General Information

    Size
    66,647 SF

    Source: KELLER WILLIAMS COMMERCIAL Agent STEVE DORENBUSH, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    1.53 Acre Corner Lot

    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.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.3689255
    Latitude
    47.0979533

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    FAQs

    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).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7301 176Th St E Tacoma, WA 98375
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