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5.07 Acres Development Opportunity
For Sale
$3,300,000

7811 S Verde Street, Tacoma, WA 98409

5.07 acres of land, rezoned for high-density residential development.

Property SizeContact for details
Lot Size5.07 Acres
Days on Market530

Property Features for 7811 S Verde Street

General Information

Standard status Active
Lot size 5.07 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $15,535

Amenities

Open Space
Paved
Listing Agency: JOHN L. SCOTT, INC
Listed By: GEORGE GRAHAM · License #26889
Source: Corcoran
Added: Feb 25, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:02AM

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 JOHN L. SCOTT, INC

Investment Insights

Based on property information with market context.

This offering includes three contiguous tax parcels totaling 5.07 acres. The parcels have been recently rezoned to Urban Residential-3 (UR-3) according to the "Home in Tacoma Plan" of February 2025. This zoning allows for high-density development. The property features 628 feet of frontage on S. Verde Street, presenting a development opportunity. The location is in a quiet residential neighborhood, with convenient access to an elementary school, a high school, I-5, Lakewood/Tacoma Services, and Joint Base Lewis McChord. The addresses of the individual parcels are 7811, 7815, and 7801 S. Verde.

Key Highlights

  • 5.07 acres of land comprised of 3 contiguous tax parcels.
  • Recently rezoned Urban Residential‑3 (UR‑3) allowing for high‑density development.
  • 628 feet of frontage on S. Verde offering significant development potential.**

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom Electrical Service Garden Center

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

536
Businesses Nearby

Demographics for 98409, WA

27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
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?
Residential land & home lot - 5.07 acres of land, rezoned for high-density residential development.
Where is this residential land & home lot located?
The property is located at 7811 S Verde Street Tacoma, WA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 5.07 acres of land comprised of 3 contiguous tax parcels.; Recently rezoned Urban Residential‑3 (UR‑3) allowing for high‑density development.; 628 feet of frontage on S. Verde offering significant development potential.**
More about this property
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