5114 112th Street E, Tacoma, WA 98446
- $5,550,000
Listing courtesy of Better Homes and Gardens RE PC. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $5,550,000
- List Price
- $6,750,000
- Status
- SOLD
- MLS#
- 1894109
- Closing Date
- Oct 27, 2025
- Days on Market
- 207
- Lot Size (sq ft)
- 407,722
Property Description
A golden opportunity for the right developer, this strategically located 9.36-acre site consists of 2 parcels set within a rapidly expanding area of Pierce County. Recently rezoned to Urban Corridor (UCOR) allowing up to 60 dwelling units/net acre and a 55’ height limit, with the potential to increase the height limit to 75’ through bonus programs. With easy access to Hwy 512, the zoning allows for a variety of high-density uses including multifamily, senior housing, and mixed-use. Nearly 650’ of frontage along 112th with sewer/water/power in the street. Approximate wetlands have been mapped but not officially delineated, potential for mitigation to reduce buffer zones. Buyer to verify all information. Parcels: 0319121086 and 0319121070.
Additional Information
- Community
- Midland
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- County
- Sewer
- In Street
- Tax Year
- 2022
- School District
- Bethel
- Potential Terms
- Cash Out, See Remarks
- Driving Directions
- From Canyon Rd E exit on Hwy 512 head south to 112th St E and then West. Located on the southern side of 112th St E.
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.