Listed by Mike Moghaddas, COMPASS · Buyer brokerage: Windermere RE/Lake Tapps, Inc
- Land
- Type
- 41,112 sq ft
- Lot
- 136
- Days on market
About this property
Huge investment opportunity to acquire a fully-entitled, shovel-ready multifamily development located in Edgewood Town Center. This .94-acre lot has approved permits & complete architectural/civil plans for a high-demand mixed-use project; 2 buildings offering 39 residential units, 2 retail/office spaces & 54 parking stalls. Designed w/modern living & convenience, the project features a gym/flex space, bike storage, EV chargers & carport parking. Utilities available via renovated street. Rent projections, project valuation, ROM construction estimates, approved architectural/civil, MEP & site development landscaping available. Excellent exposure w/16,000 cars/day. Close to I-5, Hwy 18 & Hwy 167. Robust population & strong growth potential.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2471601
- Listed
- January 23, 2026
- Days on market
- 136
- Sold price
- $1,520,000
- Sold
- July 10, 2026
Views
- View
- Territorial
Construction
- Style
- 43 - Comm/Industrial
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 41,112 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- Available
- Sewer
- Available
Schools
- District
- Puyallup
What stands out to you?
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- Territorial
- None
- Paved
- Cash
- Conventional
- Electricity Available
- Natural Gas Available
- Available
Listing history
Listed
$1,520,000
January 23, 2026
Sold
$1,520,000
July 10, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$8,851
- Principal & interest
- $7,686
- Property tax (est.)
- $1,165
Assumes $304,000 down (20%), a $1,216,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.