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Level Residential Development Lot
For Sale
$300,000

5106 Freeman Rd E, Fife, WA 98424

Level, cleared lot with MDR zoning in Fife, providing paved access for a range of residential development options.

Property SizeContact for details
Days on Market118

Property Features for 5106 Freeman Rd E

General Information

Standard status Active
Property subtype Land
Zoning MDR

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $2,855
Listing Agency: Terrafin
Listed By: Jacob A Ray · License #118701
Source: Exprealty
Added: Apr 17 Changed: Aug 8 Last Checked: Jul 15 at 8:41PM

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 Terrafin

Investment Insights

Based on property information with market context.

This offering is a level, cleared residential lot with territorial views and paved road access. The parcel is described as shy-acre, providing space for a future build or residential development plans.

The property is zoned MDR (Medium Density Residential) by the City of Fife. The provided zoning information indicates the area may support a variety of residential options, including single-family homes, duplexes, triplexes, and multifamily structures with 4 to 6 dwelling units. The remarks also note that higher densities up to 15 dwelling units per gross acre may be achievable through a Planned Residential Development (PRD) process, subject to verification and approvals.

For builders and investors, the MDR zoning framework and prepared lot condition can fit both custom home construction and small-scale multifamily concepts. The proximity to I-5 and shopping is highlighted as convenient for future residents, while the paved access can support practical site development planning. Buyer is instructed to verify all information, including zoning details and development feasibility.

Key Highlights

  • Level, cleared nearly‑acre parcel in Fife with territorial views.
  • MDR (Medium Density Residential) zoning allows single‑family, duplex, triplex, and multifamily 4–6 dwelling units.
  • Higher density of up to 15 dwelling units per gross acre may be achievable via a Planned Residential Development (PRD) process.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Restaurant Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 98424, WA

12,132
Population
4,558
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
6.3 sq mi
ZIP Area
1,926
Density / Sq Mi
$93,633
Median Household Income
$52,250
Median Earnings
$1,836
Median Rent
$497,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level, cleared lot with MDR zoning in Fife, providing paved access for a range of residential development options.
Where is this residential land & home lot located?
The property is located at 5106 Freeman Rd E Fife, WA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Level, cleared nearly‑acre parcel in Fife with territorial views.; MDR (Medium Density Residential) zoning allows single‑family, duplex, triplex, and multifamily 4–6 dwelling units.; Higher density of up to 15 dwelling units per gross acre may be achievable via a Planned Residential Development (PRD) process.
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