2222 96th St S - Commercial LAND FOR SALE


Tacoma, WA 98444- Midland184,821 SF
$2,300,000 USD
253-341-0765
2222 96th St S, Tacoma, WA for Sale
$2,300,000 USD
Commercial LAND - FOR SALE
1/2
184,821 SF

2222 96th St S
Tacoma, WA 98444
Midland


HIGHLIGHTS

  • Existing income from 21 residential units supports cash flow
  • Zoned MUD with wide-ranging permitted uses including multifamily, office, and retail
  • Preliminary plans for 799-unit self-storage or 48-unit multifamily
  • High visibility with 22,000+ vehicles daily on adjacent roads

OVERVIEW

Positioned at the intersection of 96th St S and Steele St S in Tacoma’s Parkland neighborhood, 2222 96th St S presents a compelling redevelopment opportunity with existing income. Spanning 3.4 acres and comprising nine buildings totaling 9,086 square feet, the site is zoned MUD (Mixed Use District), offering a wide array of permitted uses including multifamily, senior housing, mobile home park, office, retail, and automotive services. Currently generating over $239,000 in monthly income from 21 residential units, the property provides immediate cash flow while offering long-term upside through redevelopment. A preliminary site plan outlines a 799-unit self-storage facility with RV canopy and covered loading, showcasing the site’s flexibility for commercial adaptation. Alternatively, the parcel supports multifamily or townhome development, with conceptual plans for 48 units already explored. The location benefits from strong traffic counts—over 22,000 vehicles daily—and proximity to major regional assets. Joint Base Lewis-McChord is just 12 minutes away, while Lakewood, the Port of Tacoma, and SeaTac Airport are all within a 30-minute drive. The surrounding area includes major retail centers such as Tacoma Mall, Lakewood Towne Center, and South Hill Mall, enhancing the site’s appeal for residential or commercial tenants. Demographics within a 5-mile radius reflect a growing population exceeding 260,000, with projected average household incomes reaching $121,000 by 2030. This upward trend supports both residential and commercial investment strategies.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/ACRE

$542,081/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

4.24 AC

LAND SF

184,821 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MF

APN/PARCEL ID

031906-1143

ASK ABOUT THIS PROPERTY

Bruce A BarkerKidder MathewsMore Info
253-341-0765

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Bruce A BarkerKidder MathewsMore Info
253-341-0765

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