Property profile

15800 62Nd Ave Gig Harbor, WA 98332

OFF-MARKET
Land
0.26 ac lot
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Property summary

AI-generated overview

This 0.26-acre residential lot presents a fantastic opportunity in Gig Harbor, Washington. Located just off Highway 16 in a quiet neighborhood, this property offers privacy and convenience. Situated south of the Kitsap/Pierce County line, it's a short 12-minute drive to Gig Harbor and 15 minutes to Port Orchard. The lot measures 11,326 square feet and boasts a public water meter already installed. Electricity is available on the street, however, natural gas is not. A permit application for a three-bedroom septic system, including an off-site drain field easement, is currently pending approval. This land is ideal for building a new home or as a potential investment for future development. Buyers are encouraged to independently verify the feasibility of their building plans. The seller is open to owner financing or a lease option. An adjacent 0.49-acre lot, also owned by the seller, is available for purchase. Don't miss this chance to build your dream home or capitalize on this promising investment opportunity.

Property profile

Verified
Property type Land
Lot 0.26 ac (11,326 SF)

Cap rate & NOI

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

Location

15800 62Nd Ave Gig Harbor, WA 98332
Gig Harbor metro
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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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