Listing Agency: BERKSHIRE HATHAWAY HS NW

Listed By: FELICIA MACKEY

Source: Corcoran

Added: May 30, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This property is suited for building a custom home, or potentially multiple homes. Power and water are already installed on the lot. Sewer and natural gas connections are available at the street. The lot is located at the end of a quiet road and features a partially fenced boundary and a suitable build site. The property consists of three flat lots with new zoning that allows for higher density development.

Key Highlights

• Development Potential: New zoning allows for higher density, potentially accommodating multiple homes.
• Utilities Ready: Power and water are already installed on the property.
• Development Ready: Three flat lots offer a fantastic build site.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office HVAC Service Skin Care Clinic

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

549

Businesses Nearby

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Demographics for 98404, WA

35,172

Population

13,174

Households

2.7

Avg Household Size

35

Median Age

21%

College-Educated

84%

High-School Grad

7.1 sq mi

ZIP Area

4,954

Density / Sq Mi

$79,562

Median Household Income

$41,977

Median Earnings

$1,440

Median Rent

$387,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Land with utilities, suitable for custom home or development.

Where is this land located?

The property is located at 324 E 40th St #2 Tacoma, WA.

What is the asking price?

The asking price for this property is $145,000.

What are key features of this property?

This property features: Development Potential: New zoning allows for higher density, potentially accommodating multiple homes.; Utilities Ready: Power and water are already installed on the property.; Development Ready: Three flat lots offer a fantastic build site.