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Residential Lot in Established Neighborhood
For Sale
$74,950
Pending

20508 40th Avenue Ct E, Spanaway, WA 98387

Development opportunity in a peaceful, convenient location.

Property SizeContact for details
Lot Size0.40 Acres
Days on Market217

Property Features for 20508 40th Avenue Ct E

General Information

Standard status Pending
Lot size 0.40 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,611

Amenities

Paved
Listing Agency: THEORY REAL ESTATE
Listed By: RONALD DUDLEY
Source: Corcoran
Added: Jan 8 Changed: Aug 8 Last Checked: Aug 8 at 2:52PM

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 THEORY REAL ESTATE

Investment Insights

Based on property information with market context.

This residential lot presents an opportunity for investors and homeowners looking to develop in an established neighborhood. The property is conveniently located near Highway 7, stores, and restaurants, while still offering a peaceful environment with long-time homeowners. A completed perc test confirms the lot percs. Water and power are available in the street. The property is located in Spanaway, Washington.

Key Highlights

  • Development opportunity in a desirable neighborhood.
  • Convenient location near Highway 7, stores, and restaurants.
  • Perc test complete and passed.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Electrical Service

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

53
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development opportunity in a peaceful, convenient location.
Where is this residential land & home lot located?
The property is located at 20508 40th Avenue Ct E Spanaway, WA.
What is the asking price?
The asking price for this property is $74,950.
What are key features of this property?
This property features: Development opportunity in a desirable neighborhood.; Convenient location near Highway 7, stores, and restaurants.; Perc test complete and passed.
More about this property
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