Listing Agency: NWC - KV LLC Show Phone

Listed By: Derrick Urquhart Show Phone

Source: Moodyscre

Added: Jun 15, 2022 Changed: Oct 27 Last Checked: Oct 26 at 5:45PM

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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, with curb, gutter, and sidewalk already in place. A new multifamily development is currently in progress adjacent to the property. The location offers convenient access to nearby amenities.

Key Highlights

• Multifamily land opportunity, build a minimum of four units
• Utilities are available to the site
• Curb, gutter, and sidewalk already in place

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Plumbing Service Florist Travel Agency Electrical 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

941

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

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Land with utilities ready for multifamily development.

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, build a minimum of four units; Utilities are available to the site; Curb, gutter, and sidewalk already in place