Spanaway Vacant Land Investment
For Sale
$2,900,000
19608 8th Avenue East, Spanaway, WA 98387
4.5 acres of high-density residential land in fast-growing Spanaway.
Property SizeContact for details
Lot Size4.50 Acres
Days on Market131
Property Features for 19608 8th Avenue East
General Information
Standard status
Active
Lot size
4.50 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$6,202
Amenities
0, 0, 0, 0
No
Paved
Listing Agency:
Better Properties Real Estate
(253) 589-2680
Listed By:
Rob Morrison · License #73409
(253) 589-2680
Source:
Compass
Added: Apr 4
Changed: Aug 8
Last Checked: Jul 16 at 5:58AM
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 Better Properties Real Estate
Investment Insights
Based on property information with market context.
This is a 4.5-acre vacant land parcel zoned for high-density residential use, situated in the rapidly developing community of Spanaway. A preliminary design has been completed for a 120-unit apartment complex. The property benefits from access points on both 6th Ave E and 8th Ave E. All utilities are either already on site or located in the street. The property was recently appraised for the asking price, and the complete appraisal is available with an accepted offer. An additional parcel, listed as 1925 6th Ave E, is included in the sale. Both parcels are adjoining and are being sold together.
Key Highlights
- High‑density residential zoning allows for a 120‑unit apartment complex.
- Over 4.5 acres of vacant land in a fast‑growing community (Spanaway).
- Preliminary design for apartment complex is already completed.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
190
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 - 4.5 acres of high-density residential land in fast-growing Spanaway.
Where is this residential land & home lot located?
The property is located at 19608 8th Avenue East Spanaway, WA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: High‑density residential zoning allows for a **120‑unit apartment complex**.; Over 4.5 acres of vacant land in a fast‑growing community (Spanaway).; Preliminary design for apartment complex is already completed.
