Urban Development
For Sale
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1512 Tacoma Ave S, Tacoma, WA 98402
Vacant urban parcel with substantial permitted building capacity and no stated parking requirement.
Property SizeContact for details
Days on Market144
Property Features for 1512 Tacoma Ave S
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Rich Day · License #WA 1100473
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:55PM
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 Marcus & Millichap - Seattle
Investment Insights
Based on property information with market context.
Located at 1512 Tacoma Ave S, this vacant land parcel contains approximately 6,500 SF and is positioned between Tacoma’s Hilltop and Downtown areas. Existing development parameters allow a structure up to 90 feet high, with a maximum floor area ratio of 6.00 supporting up to 39,000 buildable square feet. The property has no density limit or parking requirement stated in the available information.
The site has a Walk Score of 86 and is less than a quarter mile from the University of Washington Tacoma Campus. Downtown Tacoma is a few blocks away, while Safeway is approximately a three-minute drive. St. Joseph Medical Center is about one mile from the property. Nearby development includes eight completed properties totaling more than 850 units since 2015, with four additional properties totaling over 600 units proposed or in development.
The site has a Walk Score of 86 and is less than a quarter mile from the University of Washington Tacoma Campus. Downtown Tacoma is a few blocks away, while Safeway is approximately a three-minute drive. St. Joseph Medical Center is about one mile from the property. Nearby development includes eight completed properties totaling more than 850 units since 2015, with four additional properties totaling over 600 units proposed or in development.
Key Highlights
- Approximately 6,500 SF vacant land parcel at 1512 Tacoma Ave S
- Up to 39,000 buildable square feet supported by a 6.00 FAR
- Maximum permitted structure height of 90 feet
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 98402, WA
8,053
Population
4,788
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
6,711
Density / Sq Mi
$54,712
Median Household Income
$43,145
Median Earnings
$1,478
Median Rent
$558,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Vacant urban parcel with substantial permitted building capacity and no stated parking requirement.
Where is this land located?
The property is located at 1512 Tacoma Ave S Tacoma, WA.
What are key features of this property?
This property features: Approximately 6,500 SF vacant land parcel at 1512 Tacoma Ave S; Up to 39,000 buildable square feet supported by a 6.00 FAR; Maximum permitted structure height of 90 feet
