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JRJeff ReynoldsCompass · Seattle

Listed by Taylor Wyman, Northmarq Multifamily, LLC

Land
Type
105,415 sq ft
Lot
33
Days on market

About this property

2.4-acre development site in high-growth South Pierce County, zoned Urban Corridor (UC). UC permits high-density multifamily up to 60 units/acre. Buyer can pursue a substantial multifamily or townhome program subject to site fit, height, and parking. Located within 0.5 mile of the new Spanaway Transit Center, the site may qualify for reduced or exempt parking under transit-oriented standards (buyer to verify). Dual access from 208th St E and 16th Ave E offers strong site-planning flexibility. Walkable to Fred Meyer and daily retail; minutes from SR-7 and Amazon's 1.1M SF Spanaway fulfillment campus. Sewer extension underway on 208th St E with expected completion this Fall. A rare high-density land play in a supply-constrained submarket with expanding employment and proven rental demand.

Location & commute

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Directions

Property details

Listing details

Listing number
#2537950
Listed
June 10, 2026
Days on market
33

Parking

Parking
Garage

Construction

Style
42 - Multi-Family
Structure
None

Lot

Lot features
Paved
Lot size
105,415 sq ft

Terms

Terms offered
Conventional

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
Available
Sewer
In Street

Schools

District
Bethel

What stands out to you?

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  • Garage
  • None
  • Paved
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • Available
  • In Street

Listing history

  1. Listed

    $1,800,000

    June 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

$10,482

Principal & interest
$9,102
Property tax (est.)
$1,380

Assumes $360,000 down (20%), a $1,440,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM 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.