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    Spanaway, WA
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    Spanaway, WA Residential Land & Home Lots for Sale

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    Spanaway Vacant Land Investment Opportunity
    Updated: May 15
    Spanaway Vacant Land Investment Opportunity

    19608 8th Avenue East, Spanaway, WA 98387

    $2,600,000
    4.50 AC lot
    High‑density residential zoning allows for a 120‑unit apartment complex.
    Over 4.5 acres of vacant land in a fast‑growing community (Spanaway).
    Preliminary design for apartment complex is already completed.
    Access from both 6th Ave E and 8th Ave E.
    All utilities are on site or in the street.
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    Residential Land Development Lots
    Updated: Jun 7
    Residential Land Development Lots

    8315 198th St E, Spanaway, WA 98387

    $840,000
    Twelve residential lots available in Spanaway.
    Lot sizes range from 5,140 to 12,590 SF.
    Each lot has 50‑ft lot width.
    Largest lot measures 12,590 SF; smallest lot measures 5,140 SF.
    Preliminary approval required within weeks.
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    Residential Land with Utilities
    Residential Land with Utilities

    4705 208th Street East, Spanaway, WA 98387

    $295,000

    Usable land parcel with utilities already on-site, offering space for a home and shop.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Land
    Land

    19608 8th Avenue E, Spanaway, WA 98387

    $2,600,000

    Residential land & home lots

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    Corner Residential Development Lot
    Corner Residential Development Lot

    19810 78th Ave E, Spanaway, WA 98387

    $209,000

    Undeveloped, level corner lot with water and electricity available at the street.

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    Corner Residential Land Lot
    Corner Residential Land Lot

    19810 78th Avenue East, Spanaway, WA 98387

    $209,000

    Undeveloped, level corner lot with utilities available at the street in a convenient Graham/Spanaway area.

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    Land/Lot
    Land/Lot

    4204 267th St E, Spanaway, WA 98387

    $239,000

    Residential land & home lots

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    Residential Land with Potential Views
    Residential Land with Potential Views

    21800 70th Ave E, Spanaway, WA 98387

    $275,000

    Land available in desirable area near urban amenities.

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    Land
    Land

    1321 276TH, Spanaway, WA 98387

    $365,000

    Residential land & home lots

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    Land
    Land

    5400 224th St E, Spanaway, WA 98387

    $190,900

    Residential land & home lots

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    Secluded 5+ Acre Home Site
    Secluded 5+ Acre Home Site

    22110 70th Avenue, Spanaway, WA 98387

    $375,000

    Private 5+ acre lot with power and well installed!

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    Adjacent Residential Land Lots
    Adjacent Residential Land Lots

    21800 70th Avenue East, Spanaway, WA 98387

    $275,000

    Two additional adjacent lots are available for sale near urban amenities.

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    Residential Development Land Lots
    Residential Development Land Lots

    21900 70th Avenue East, Spanaway, WA 98387

    $235,000

    Residential land listing includes a surveyed lot with corner markers and adjacent parcels available.

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    Residential Land with Development Potential
    Residential Land with Development Potential

    4912 200th St E, Spanaway, WA 98387

    $1,950,000

    Land with development potential for up to 30 housing units.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Spanaway, 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.

    Residential Building Lot with Trail Access
    Residential Building Lot with Trail Access

    9717 254th Street East, Graham, WA 98338

    $140,000
    2.52 AC lot

    A 2.52-acre Graham building lot with lightly treed terrain, some level building area, and access easement trail entry.

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    Partially Cleared Residential Lot
    Partially Cleared Residential Lot

    14508 50th Avenue East, Tacoma, WA 98446

    $160,000
    0.50 AC lot

    Nearly half an acre offers a mostly flat, partially cleared build site with sewer and electricity available in the street.

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    Apartment Site Near Town Center
    Apartment Site Near Town Center

    17521 50th Ave Ct E, Tacoma, WA 98446

    Contact for pricing
    5.50 AC lot

    Residential land with potential for apartment development near Frederickson Town

    View details
    Land
    Land

    25414 48th Avenue East, Graham, WA 98338

    $209,000

    Residential land & home lots

    View details

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

    Explore 14 residential land & home lots for sale in Spanaway, WA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 196,020 square feet of properties for sale, with an estimated market value of $10,657,900.

    Sale prices for home sites in Spanaway, WA start at $190,900, averaging $761,278, and reaching up to $2,600,000 — 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

    Residential land & home lots 14
    Commercial land 7

    Demographics Overview

    Population 50K
    Population Growth (5Y) +0.1%
    Median Household Income $101,141
    College Educated 22.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    98387 $559.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.16%
    Property Tax per SF $19.98 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

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

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