Multi-Family Development
For Sale
Contact for pricing
Pending
7624 Pacific Ave, Tacoma, WA 98408
Land is zoned for an apartment complex and ready for permits under plans for 11 micro units.
Property SizeContact for details
Days on Market145
Property Features for 7624 Pacific Ave
General Information
Standard status
Pending
Property subtype
Multifamily, Land
Zoning
apartment complex
Additional Details
Utilities to Site
Yes
Multifamily Units
11
Listing Agency:
John L. Scott, Inc. Bellevue
Listed By:
Vitaliy Mikshanskiy · License #WA B75117
(425) 454-2437
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 28 at 2:51PM
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 John L. Scott, Inc. Bellevue
Investment Insights
Based on property information with market context.
This offering is development land with approved planning momentum for a new multi-family project featuring plans for 11 micro units. The seller states the project is zoned for an apartment complex and that the site is ready for permits.
The package can include a site plan, architectural drawings, survey, structural engineering packet, energy calculations, soil logs, and a comment memo from a pre-application meeting with the City of Tacoma. The property previously had a home, and the seller notes that some utilities are available.
The location is described as close to shopping and public transportation, supporting convenient access for future residents.
The package can include a site plan, architectural drawings, survey, structural engineering packet, energy calculations, soil logs, and a comment memo from a pre-application meeting with the City of Tacoma. The property previously had a home, and the seller notes that some utilities are available.
The location is described as close to shopping and public transportation, supporting convenient access for future residents.
Key Highlights
- Land zoned for an apartment complex with plans for 11 micro units
- Estimated rent per unit of $1,200 (per unit estimate included in remarks)
- Ready for permits per provided pre‑application materials
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Explore this area
Business Placement
Demographics for 98408, WA
20,566
Population
8,418
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
3.4 sq mi
ZIP Area
6,049
Density / Sq Mi
$78,855
Median Household Income
$45,786
Median Earnings
$1,610
Median Rent
$379,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land is zoned for an apartment complex and ready for permits under plans for 11 micro units.
Where is this residential land & home lot located?
The property is located at 7624 Pacific Ave Tacoma, WA.
What are key features of this property?
This property features: Land zoned for an apartment complex with plans for 11 micro units; Estimated rent per unit of $1,200 (per unit estimate included in remarks); Ready for permits per provided pre‑application materials
