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227 S 167th Street, Spanaway, WA 98387

Urban Corridor zoned land just west of Pacific Ave and a short walk to Lake Spanaway.

Property SizeContact for details
Days on Market125

Property Features for 227 S 167th Street

General Information

Standard status Active
Property subtype Land
Zoning UCOR
Listing Agency: Providencia Real Estate Svcs
Listed By: Charles Holmes · License #WA 20363DB
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:38PM

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 Providencia Real Estate Svcs

Investment Insights

Based on property information with market context.

This for-sale parcel is located just west of Pacific Ave and within a short walk of Lake Spanaway. The property is served by Urban Corridor (UCOR) zoning.

UCOR allows a range of commercial and residential uses, including high-density multifamily residential up to 60 housing units per acre and a maximum height of 55 feet, along with retail/shopping, grocery, restaurants, office, civic spaces, services, and auto-oriented uses. Larger square footage retailers are also contemplated under the zoning to support transit-supportive densities.

An adjacent house to the east is also available for sale, and the two lots east of that house with a large former church structure are also offered.

Key Highlights

  • Urban Corridor (UCOR) zoning allows high‑density multifamily residential up to 60 housing units per acre
  • UCOR zoning allows up to 55 ft maximum height
  • Zoning also permits retail/shopping, grocery, restaurants, office, civic spaces, and services

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Electrical Service Gym & Fitness Center

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

547
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?
Commercial land - Urban Corridor zoned land just west of Pacific Ave and a short walk to Lake Spanaway.
Where is this commercial land located?
The property is located at 227 S 167th Street Spanaway, WA.
What are key features of this property?
This property features: Urban Corridor (UCOR) zoning allows high‑density multifamily residential up to 60 housing units per acre; UCOR zoning allows up to 55 ft maximum height; Zoning also permits retail/shopping, grocery, restaurants, office, civic spaces, and services
(206) 866-5844 Call to check price and availability
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