1926 Meridian Ave E - Commercial LAND FOR SALE


Edgewood, WA 98371 531,432 SF
$21,000,000 USD
206-292-1600
1926 Meridian Ave E, Edgewood, WA for Sale
$21,000,000 USD
Commercial LAND - FOR SALE
1/23
531,432 SF

1926 Meridian Ave E
Edgewood, WA 98371


HIGHLIGHTS

  • Rare Apartment and/or Townhome Site of Scale
  • Affluent Demographic Base with $115,325 median household income in Edgewood
  • Highly desirable suburb on the King/Pierce County line
  • Puyallup School District ranked among top in the state

OVERVIEW

CBRE proudly presents the Edgewood Town Center Development Site (the “Property” or the “Site”), a rare opportunity to purchase 12.2 acres of premier multi-family and commercial development potential in the rapidly growing Edgewood submarket of Pierce County, WA. The Site offers developers the ability to add a multifamily or townhome site of scale to their development pipeline. The Property provides convenient access to major employment centers and lifestyle destinations, including The Outlet Collection shopping center, South Hill Mall, Federal Way Town Center, top-rated Puyallup School District, Kent Valley and downtown Tacoma. With a limited supply of new construction in the submarket, the Edgewood Town Center Development Site is perfectly positioned to benefit from accelerating rent growth and considerable rental upside amid improving rental fundamentals.

FOR SALE DETAILS

PRICE

$21,000,000 USD

PRICE/ACRE

$1,721,311/AC

PRICE/SF

$40 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Edgewood Town Center Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

12.2 AC

LAND SF

531,432 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jordan LouieCBREMore Info
206-292-1600

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Jordan LouieCBREMore Info
206-292-1600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.