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    OFF-MARKET
    Commercial real estate

    419 208Th St, Spanaway, WA 98387

    Property ID
    US90-0767709
    Property summary
    AI-generated overview

    This exceptional 242,884 square foot land parcel presents a unique investment opportunity in Spanaway, Washington. Located at 419 208th St E, 98387, Pierce County, this property is zoned for residential development and boasts a wealth of completed due diligence. Extensive environmental studies have already been conducted, including a habitat assessment, SEPA review, wetland verification report, ALTA survey, and a Phase 1 environmental site assessment. A comprehensive tree conservation plan is also in place, streamlining the development process and minimizing potential delays. The property's location in Spanaway offers convenient access to local amenities and transportation networks. The asking price for this ready-to-develop land is $2,000,000. All necessary documentation is available for review, ensuring a smooth and transparent transaction. This is an ideal opportunity for developers seeking a well-prepared site for residential construction in a desirable Washington location. The property's size and completed assessments make it a low-risk, high-reward investment, poised for immediate development. Don't miss this chance to acquire a prime residential land parcel in a thriving community. Contact us today to learn more and schedule a site visit.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US90-0767709
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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