Provided by NWMLS, Bought with ZNonMember-Office-MLS and Listed by Kyle Milton, 253-435-5500 at Better Homes and Gardens RE PC

$5,550,000

5114 112th Street E, Tacoma WA, 98446

Price per sqft$13.61

Lot size9.36 Acres

Property typeLand

Overview

Sold

Updated Jul 3

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

MLS^® ID: 1894109

Exterior Features

Lot Size: 9.36 Acres

Other Property Details

Taxes: $11,174
Tax Frequency: Annually
55+/Senior Community: No

Provided by NWMLS, Bought with ZNonMember-Office-MLS and Listed by Kyle Milton, 253-435-5500 at Better Homes and Gardens RE PC

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/24/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/24/2026 at 6:05 PM UTC . 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.

Data last updated on 10/24/2026 at 6:05 PM UTC