Property summary
This exceptional 7.626-acre parcel in Buckley, WA, presents a prime development opportunity. Located at 1684 Collins Rd, the property boasts R-8000 zoning, allowing for diverse residential development. This includes single-family homes (minimum 8,000 sq ft lots), townhouses or duplexes (minimum 6,000 sq ft lots), or cottage housing at 1.6 times the single-family density. The level pastureland offers stunning views of Mount Rainier. Utilities (water, sewer, and electric) are conveniently located at the street. Pre-existing plat designs for 24-27 units are available, although higher density is achievable with alternative configurations. The property comprises four separate tax parcels (APN: 7535000291, 7535000240, 7535000140, & 7535000100), simplifying the transaction. Comprehensive studies, including geotechnical, traffic impact, and stormwater analyses, along with multiple plat options, are available. This is a unique opportunity to capitalize on the potential of this desirable location. The asking price is $899,900. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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