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10014 24Th St E Edgewood, WA 98371

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For Sale
$2,600,000

4.7 acres in Edgewood, suitable for mixed-use development.

Lot size:
4.70 Acres

Property Features for 10014 24Th St E

General Information

Lot size
4.70 Acres

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Listing Contact
Jehan Dewan
Source: Corcoran

Listing Agency: PELLEGO, INC. Listing Agent: Jehan Dewan

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

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Overview

Edgewood Land with Development Potential

This property features 4.7 acres of level land zoned Town Center within the City of Edgewood. The zoning allows for a maximum residential density of 48 dwelling units per acre. Permitted uses include apartments, townhomes, senior housing, live/work units, mixed-use developments, retail spaces, and offices, among others. The city may require commercial or retail use on the ground floor along 24th Street. The maximum hard surface area allowed is 90%. There are no county-mapped wetlands on the property. An existing 3,640 square foot home in good condition is located on the property and could be rented. An 8-inch sewer line is located on 24th Street with multiple connections, and other utilities are available in the street. A new Northwood Elementary School is located across the street. A pre-application was approved in 2021 for a 10,900 square foot two-story commercial building, plus 65 senior apartments. The buyer is responsible for verifying all information.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Edgewood
County
Pierce
State
Washington
Longitude
-122.2957598
Latitude
47.2353225

FAQs

What type of property is this?
Commercial land - 4.7 acres in Edgewood, suitable for mixed-use development.
Where is this commercial land located?
The property is located at 10014 24Th St E Edgewood, WA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: - Zoned Town Center with high residential density (48 D.U. per acre) allowing for diverse development options.; - Pre-approved in 2021 for a 10,900 SF 2-story commercial building plus 65 senior apartments.; - 4.7 acres of level, easily developable land with no county mapped wetlands.
More about this property
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