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2112 Jefferson Ave

2.38 Acres of Commercial Land Offered at $6,500,000 in Tacoma, WA 98402

Investment Highlights

  • Largest vacant lot on the market and priced to sell
  • Directly across the street from the University of Washington, Tacoma
  • Prime site development with City of Tacoma full support
  • In close proximity to Public Transportation and major attractions

Executive Summary

2112 Jefferson Ave. Tacoma, WA presents a rare chance to acquire prime vacant land boasting 2.38 acres (103,673 SF) at an unbeatable price of $6,500,000, equating to just $62.69 per square foot. Positioned strategically on the heart of Tacoma, this property offers unparalleled value with limitless potential. The subject property is one block away from the University of Washington, Tacoma, with a student population of over 5,000; a 5-minute walk to Union Station; 10-minute walk to S 25th St. Station; and less than a 5-minute walk to Pacific Ave, which has restaurants, cafes, breweries, and shopping. Whether you're envisioning a residential development, commercial venture, or a unique project, this parcel provides the ideal canvas for your ambitions.
*The property has a development agreement in place with the city of Tacoma. Please contact listing agents for details.

Property Facts

Price $6,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.38 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $6,500,000
Price Per AC $2,731,086.70
Lot Size 2.38 AC
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
202109-0112
Land Assessment
$4,891,900
Improvements Assessment
$0
Total Assessment
$4,891,900

zoning

Zoning Code WR
WR
  • Listing ID: 31966806

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: 2112 Jefferson Ave, Tacoma, WA 98402

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