4014 Pacific Ave - Residential LAND FOR SALE


Tacoma, WA 98418- South End9,148 SF
$1,100,000 USD
206-280-1871
4014 Pacific Ave, Tacoma, WA for Sale
$1,100,000 USD
Residential LAND - FOR SALE
1/4
9,148 SF

4014 Pacific Ave
Tacoma, WA 98418
South End


HIGHLIGHTS

  • 9,400 SF permit-ready site in prime Tacoma location, offering immediate development potential.
  • Strategic proximity to I-5, ensuring unparalleled access to Puget Sound's diverse economy.
  • 13.9% increase in median household income projected by 2030, backing robust tenant demand.
  • 15.4% Average home value growth by 2030.
  • $97.7K Average household income.

OVERVIEW

JLL has been exclusively retained for the sale of 4014 Pacific Ave (The “Property” or “Site”), in Tacoma, Washington, just 30 miles south of Seattle. The Site is comprised of approximately 9,400 square feet of permit-ready UR-3 zoned land. The location offers excellent proximity to Interstate 5 and is within 3 miles of more than 10 million square feet of restaurants and retail establishments, providing a significant amenity base for future tenants. The Site is strategically located just a 3-minute drive from I-5, ensuring excellent access to the entire Puget Sound region. It benefits from proximity to Pierce County's key economic drivers: Healthcare, Aerospace, and Banking & Insurance, and major employers like Boeing, State Farm, and Joint Base Lewis McChord with its 54k full-time employees. The Tacoma submarket is a premier investment destination, driven by robust fundamentals, a 14% population increase since 2010, and a projected 13% rise in median household income by 2030. This growth, combined with its relative affordability, makes Tacoma a compelling alternative to the higher-priced Seattle market.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/ACRE

$5,238,095/AC

PRICE/SF

$120 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Maple Square

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units - Condo

LAND ACRES

0.21 AC

LAND SF

9,148 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

UR-3

APN/PARCEL ID

747002-4010

ASK ABOUT THIS PROPERTY

206-280-1871

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206-280-1871

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