Property profile

16xx 284Th St Spanaway, WA 98580

OFF-MARKET
Land
1.26 ac lot
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Property summary

AI-generated overview

This 1.26-acre vacant lot in Roy, WA (98580), located at 16xx 284th St E, Pierce County, presents an exceptional opportunity to build a custom home or manufactured home. Situated near the end of a road, this property offers privacy and seclusion within a heavily wooded setting. The land boasts mostly level-rolling topography, making it an ideal building site. The lot features a territorial view and is free of wetlands, simplifying the construction process. While a perk test is recommended by the buyer to confirm suitability, initial soil assessments appear favorable. Utilities such as power and phone are readily accessible at the roadside. The buyer will be responsible for drilling a well. This property is perfect for a rambler or two-story home. The land also includes marketable timber. School districts are to be verified by the buyer (Elementary, Middle, and Bethel High). The asking price is $145,000. The land value is $54,886 per square foot. MLS #1911432.

Property profile

Verified
Property type Land
Lot 1.26 ac (54,886 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16xx 284Th St Spanaway, WA 98580
Spanaway metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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