Listing Agency: TIMOTHY JOHNSON COMMERCIAL PROPERTIES, LLC

Listed By: TIMOTHY JOHNSON Show Phone

Source: Corcoran

Added: Oct 15, 2024 Changed: Jul 6 Last Checked: Jul 30 at 6:08AM

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Investment Insights

Based on property information with market context.

Offered for sale is a 2.06 acre parcel of industrial land. The lot is located on 112th St. East, situated between Vickery and Waller Roads. It is zoned as Employment Corridor (ECOR) within Pierce County, which "allows for jobs-based industrial, office, and business services". Due diligence has been completed for the construction of a warehouse or stand alone building. Engineering reports are available upon request. The property size is 89734 square feet.

Key Highlights

• 2.06 acre parcel of industrial land
• Located in the Employment Corridor (ECOR) zone
• ECOR zone allows for jobs‑based industrial, office, and business services

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Skin Care Clinic Big Box & Wholesale Store

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

102

Businesses Nearby

Explore this area Business Placement

Demographics for 98446, WA

12,800

Population

5,447

Households

2.3

Avg Household Size

37

Median Age

21%

College-Educated

88%

High-School Grad

10.9 sq mi

ZIP Area

1,174

Density / Sq Mi

$101,130

Median Household Income

$54,940

Median Earnings

$1,944

Median Rent

$459,500

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 2.06 acre industrial land parcel in Employment Corridor.

Where is this industrial land located?

The property is located at 3519 112th St E Tacoma, WA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: 2.06 acre parcel of industrial land; Located in the Employment Corridor (ECOR) zone; ECOR zone allows for jobs‑based industrial, office, and business services