1201 A St Tacoma, WA 98402
- Land
- 0.75 lot acres
Current Use by Public Records
- Wells Fargo Plaza / Parking Lot
Property Details for 1201 A St
- Lot size
- 0.75 lot acres
- Property type
- Land
Description
This exceptional 0.75-acre commercial land parcel, located at 1201 A Street in Tacoma, Washington's vibrant downtown core (zip code 98402), presents a unique development opportunity. Zoned DCC (Downtown Commercial Core), this property boasts a substantial 32,837 square feet of land, offering unparalleled potential for high-density construction. The asking price is $4,925,000, translating to a land value of $150 per square foot. The site's strategic location in the Financial District provides breathtaking waterfront and mountain views. Existing infrastructure includes 120 parking spaces, a significant advantage for any future development. Preliminary feasibility studies have explored various development options, including a 275,000 square foot office building, as well as hotel and apartment building possibilities. The property's size and location make it an ideal candidate for a large-scale project, capitalizing on Tacoma's thriving downtown area. The Assessor's Parcel Number (APN) is 0320042034. This is a rare opportunity to acquire a prime development site in a rapidly growing urban center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.436
- Latitude
- 47.2521
