Residential

Lakewood, WA Residential Land & Home Lots for Sale

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Lakewood Land Parcel Near Park
Updated: Jan 31, 2025
Lakewood Land Parcel Near Park

5921 Fairlawn Dr SW, Lakewood, WA 98499

$189,000
13,634 sqft
R4 zoning and Residential/Transit Overlay (R/TO) allow for higher density development.
Flat lot directly across from a park and playground.
Utilities available with recorded easements.
Easy access to the freeway.
Close to schools.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lakewood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Land in South Tacoma
Multifamily Land in South Tacoma

6016 S Tyler Street, Tacoma, WA 98409

$350,000
2.81 AC lot

2.81 acres for multifamily development in Tacoma, WA.

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View Lot in University Place
View Lot in University Place

0 Lemons Beach Road W, University Place, WA 98466

$479,000
0.28 AC lot

Land parcel for dream home in desirable University Place neighborhood.

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Land
Land

5415 53RD, University Place, WA 98467

$1,200,000

Residential land & home lots

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Residential Lot Ready for Building
Residential Lot Ready for Building

6202 S Sheridan Avenue, Tacoma, WA 98408

$134,999

Septic-approved lot with city-approved plans ready for development.

View details

Lakewood, WA Residential Land & Home Lots Market Trends and Statistics

Explore 1 residential land & home lots for sale in Lakewood, WA on our real estate platform. These investment opportunities span a total of 13,634 square feet of properties for sale, with an estimated market value of $189,000.

Sale prices for home sites in Lakewood, WA average $189,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 8
Industrial land 7
Waterfront Land 1
Residential land & home lots 1

Demographics Overview

Population 95K
Population Growth (5Y) +4.7%
Median Household Income $72,989
College Educated 15.9%

High-Yield Neighborhoods for Investment

Identify Lakewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98499 $189K

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $12.73 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lakewood fall within the under-1-acre range.

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