Infill Residential Development
For Sale
$800,000
1602 172nd Street E, Spanaway, WA 98387
Infill development site zoned NCOR for efficient residential density, sized for compact planning and stacked duplex concepts.
Property SizeContact for details
Lot Size0.87 Acres
Days on Market55
Property Features for 1602 172nd Street E
General Information
Standard status
Active
Lot size
0.87 Acres
Property subtype
Land or Vacant Lot
Zoning
NCOR
Additional Details
Multifamily Units
26
Taxes and HOA fees
Annual Taxes
$7,178
Amenities
Paved
Building Details
Stories
3
Listing Agency:
COMPASS
(253) 987-1778
Listed By:
MATT J. HARRIS
Source:
Corcoran
Added: Jun 19
Changed: Aug 8
Last Checked: Jul 15 at 8:08PM
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 COMPASS
Investment Insights
Based on property information with market context.
This is an 0.87-acre infill development site positioned for residential redevelopment, with planning support for a compact stacked-duplex configuration. The conceptual layout contemplates Twelve 3-story stacked duplexes, plus converting the existing house to a duplex, for a total concept of 26 units. Conceptual design notes indicate a compact building approach intended to help control construction costs, improve site efficiency, and maintain flexibility through the development process, with ground-floor one-bedroom suites and larger upper suites across two levels.
The property is located in the heart of Spanaway along Pierce County’s growing residential corridor and is zoned NCOR (Neighborhood Corridor). The zoning provides a density range of 24 to 40 dwelling units per acre, aligning with the conceptual 26-unit plan. Qualifying residential projects may be eligible for Pierce County housing incentives, which can include expedited review pathways, waived or reduced fees, and site design flexibility, subject to county eligibility and approval.
For builders and developers, the manageable lot size and NCOR density range offer a practical foundation for efficient residential infill development using stacked duplex product. The presence of an existing house also supports the conceptual duplex conversion component described in the planning narrative.
The property is located in the heart of Spanaway along Pierce County’s growing residential corridor and is zoned NCOR (Neighborhood Corridor). The zoning provides a density range of 24 to 40 dwelling units per acre, aligning with the conceptual 26-unit plan. Qualifying residential projects may be eligible for Pierce County housing incentives, which can include expedited review pathways, waived or reduced fees, and site design flexibility, subject to county eligibility and approval.
For builders and developers, the manageable lot size and NCOR density range offer a practical foundation for efficient residential infill development using stacked duplex product. The presence of an existing house also supports the conceptual duplex conversion component described in the planning narrative.
Key Highlights
- 0.87‑acre infill development site in Spanaway, Pierce County.
- Zoned NCOR (Neighborhood Corridor) with allowable density of 24 to 40 dwelling units per acre.
- Conceptual plan includes 12 three‑story stacked duplexes plus converting the existing house to a duplex.
Property Analytics
Property Profile
Current Use
Lease Details
26
Residential units
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 98387, WA
51,630
Population
17,151
Households
3
Avg Household Size
35
Median Age
17%
College-Educated
91%
High-School Grad
26.6 sq mi
ZIP Area
1,941
Density / Sq Mi
$101,141
Median Household Income
$54,167
Median Earnings
$1,837
Median Rent
$424,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Infill development site zoned NCOR for efficient residential density, sized for compact planning and stacked duplex concepts.
Where is this residential land & home lot located?
The property is located at 1602 172nd Street E Spanaway, WA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 0.87‑acre infill development site in Spanaway, Pierce County.; Zoned NCOR (Neighborhood Corridor) with allowable density of 24 to 40 dwelling units per acre.; Conceptual plan includes 12 three‑story stacked duplexes plus converting the existing house to a duplex.
