Cleared Mixed-Use Development
2151 -2155 Martin Luther King Jr Way S Tacoma, WA 98405
For Sale
$500,000
Two-parcel site with cleared ground and completed Phase I–IV environmental and geotechnical testing, zoned NCX for up to 45 feet.
Days on Market8
Property Features for 2151 -2155 Martin Luther King Jr Way S
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Listing Agency:
MERIDIAN REAL ESTATE GROUP
(253) 444-4059
Listed By:
ERIC D. CRITTENDON
Source:
Corcoran
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 29 at 8:56AM
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 MERIDIAN REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
This offering consists of two parcels totaling a mixed-use development site with the groundwork already in place. The lots have been cleared, and extensive due diligence has been completed, including Phase I-IV environmental work plus infiltration and compaction testing.
Zoned NCX, the property allows for up to 45 feet of building height, with bonus height provisions identified as readily attainable. The site is described as positioned just steps from the newly completed LINK light rail line and only two blocks from St. Joseph Medical Center. For planning purposes, the site’s future development is noted to potentially take advantage of 360-degree views from Mount Rainier to the Olympic Mountains.
With the site cleared and testing completed, this is presented as a development-ready land opportunity in Tacoma’s Hilltop neighborhood.
Zoned NCX, the property allows for up to 45 feet of building height, with bonus height provisions identified as readily attainable. The site is described as positioned just steps from the newly completed LINK light rail line and only two blocks from St. Joseph Medical Center. For planning purposes, the site’s future development is noted to potentially take advantage of 360-degree views from Mount Rainier to the Olympic Mountains.
With the site cleared and testing completed, this is presented as a development-ready land opportunity in Tacoma’s Hilltop neighborhood.
Key Highlights
- Two‑parcel mixed‑use development site in Tacoma’s Hilltop neighborhood with lots cleared and construction groundwork already in place
- Phase I–IV environmental work completed, with infiltration and compaction testing finished to streamline development planning
- Zoned NCX, allowing up to 45 ft of building height with bonus height provisions available
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Two-parcel site with cleared ground and completed Phase I–IV environmental and geotechnical testing, zoned NCX for up to 45 feet.
Where is this commercial land located?
The property is located at 2151 -2155 Martin Luther King Jr Way S Tacoma, WA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two‑parcel mixed‑use development site in Tacoma’s Hilltop neighborhood with lots cleared and construction groundwork already in place; Phase I–IV environmental work completed, with infiltration and compaction testing finished to streamline development planning; Zoned NCX, allowing up to 45 ft of building height with bonus height provisions available
