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    OFF-MARKET
    Land

    16xx 284Th St, Spanaway, WA 98580

    1.26 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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