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Neighborhood Commercial Land
For Sale
$299,000

12125 Key Peninsula Highway Northwest, Gig Harbor, WA 98329

Nearly level, partially cleared site with highway frontage and documented water and septic infrastructure.

Property SizeContact for details
Days on Market222

Property Features for 12125 Key Peninsula Highway Northwest

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,287

Amenities

0, 8
0, 0, 0, 0
No
Partially Cleared
Listing Agency: Windermere Prof Partners
Listed By: John Holmaas · License #8605
Source: Compass
Added: Jan 23 Changed: Sep 2 Last Checked: Aug 31 at 10:29PM

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 Windermere Prof Partners

Investment Insights

Based on property information with market context.

This nearly level, partially cleared commercial land includes an 8-bedroom septic design and 4 live water meters. The parcel provides 127 feet of frontage along Key Peninsula Highway Northwest, with access through the neighboring mini-mart access point.

Rural Neighborhood Commercial zoning supports a range of commercial and light industrial activities, as well as multifamily housing for residents aged 55 and older. The property is adjacent to a Shell gas station and mini-mart, placing it alongside an established commercial use on Key Peninsula Highway Northwest in Gig Harbor, Washington.

Key Highlights

  • Rural Neighborhood Commercial zoning allows commercial, light industrial, and multifamily housing for 55+
  • 127 feet of frontage on Key Peninsula Highway Northwest
  • 8‑bedroom septic design

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Law Firm Garden Center Catering Service Building Supply

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

49
Businesses Nearby

Demographics for 98329, WA

10,960
Population
4,545
Households
2.4
Avg Household Size
44
Median Age
29%
College-Educated
96%
High-School Grad
26.0 sq mi
ZIP Area
422
Density / Sq Mi
$107,675
Median Household Income
$55,962
Median Earnings
$1,666
Median Rent
$476,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Nearly level, partially cleared site with highway frontage and documented water and septic infrastructure.
Where is this commercial land located?
The property is located at 12125 Key Peninsula Highway Northwest Gig Harbor, WA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Rural Neighborhood Commercial zoning allows commercial, light industrial, and multifamily housing for 55+; 127 feet of frontage on Key Peninsula Highway Northwest; 8‑bedroom septic design
More about this property
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