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    OFF-MARKET
    Land

    15800 62Nd Ave, Gig Harbor, WA 98332

    0.26 ac lot
    Property ID
    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
    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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