16701 22nd Avenue E, Tacoma, WA 98445

$1,550,000

Listing courtesy of Benchmark Realty LLC.

List Price
$1,550,000
Status
ACTIVE
MLS#
1750047
Price Change
▼ $185,000 1709783950
Days on Market
2077
Lot Size (sq ft)
217,800

Property Description

Outstanding Development Opportunity! Seize the chance to shape the future of this prime location. A preliminary plat for 25-26 lots was started; the final number will depend on the eventual size of the water retention pond required—zoning: single-family homes, multi-family duplexes, triplexes, or four-plexes, subject to conditional permits. Approximately 0.75 acres revealed contamination. Comprehensive underground water testing confirmed the absence of water contamination. The Department of Ecology endorsed a clean-up plan submitted by engineering firm AEG, which bid $434,345 for the clean-up operations. The seller is open to deducting the clean-up cost from the listed price on a full-price offer, closing within a 90-day period.

Additional Information

Community
Spanaway
Style
41 - Res-Over 1 Acre
Zoning Jurisdiction
County
Restrictions
Unknown
Sewer
On Property
Tax Year
2021
School District
Tacoma
Potential Terms
Cash Out
Driving Directions
From 172nd go west on 22nd Ave. Look for the large sign.
Buyer Agency Compensation
3
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