Industrial Land with Development
For Sale
Contact for pricing
6802 27th St W, University Place, WA 98466
Zoned M/U–IU–75, the site supports light industrial or a contractor yard, or a multifamily concept.
Property Size25,968 SF
Price / SF$57.76
Days on Market376
Property Features for 6802 27th St W
General Information
Standard status
Active
Size
25,968 SF
Property subtype
Multifamily, Industrial, Land
Zoning
MU - U/175
Listing Agency:
Kidder Mathews Seattle
Listed By:
Matt McLennan · License #WA
Source:
Crexi
Added: Aug 25, 2025
Changed: Aug 14
Last Checked: Sep 2 at 11:15AM
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 Kidder Mathews Seattle
Investment Insights
Based on property information with market context.
The property at 6802 27th St W includes an existing industrial block building and is zoned M/U - IU - 75. The zoning allows for use as a contractor yard or light industrial use, and it also supports a marquee multifamily development concept at the entrance of University Place.
The area is described as having many local amenities, and the site is adjacent to the Fircrest Golf Club. It is also positioned as central to Tacoma, Joint Base Lewis-McChord (JBLM), and Lakewood.
For buyers evaluating industrial use versus redevelopment, this site offers an existing structure alongside zoning that contemplates both light industrial uses and a multifamily development direction.
The area is described as having many local amenities, and the site is adjacent to the Fircrest Golf Club. It is also positioned as central to Tacoma, Joint Base Lewis-McChord (JBLM), and Lakewood.
For buyers evaluating industrial use versus redevelopment, this site offers an existing structure alongside zoning that contemplates both light industrial uses and a multifamily development direction.
Key Highlights
- Zoned M/U–IU–75, supporting development as a multifamily concept or other permitted uses
- Zoning also supports use of the existing industrial block building for light industrial or as a contractor yard
- Property is adjacent to Fircrest Golf Club
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98466, WA
29,769
Population
12,773
Households
2.3
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
6.2 sq mi
ZIP Area
4,801
Density / Sq Mi
$94,598
Median Household Income
$53,823
Median Earnings
$1,724
Median Rent
$564,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Zoned M/U–IU–75, the site supports light industrial or a contractor yard, or a multifamily concept.
Where is this flex space located?
The property is located at 6802 27th St W University Place, WA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Zoned M/U–IU–75, supporting development as a multifamily concept or other permitted uses; Zoning also supports use of the existing industrial block building for light industrial or as a contractor yard; Property is adjacent to Fircrest Golf Club
