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- LoopNet Team
1926 Meridian Ave E
Edgewood, WA 98371
Edgewood Town Center Development Site · Land For Sale
·
12.20 AC
INVESTMENT HIGHLIGHTS
- Rare Apartment and/or Townhome Site of Scale
- Highly desirable suburb on the King/Pierce County line
- Affluent Demographic Base with $115,325 median household income in Edgewood
- Puyallup School District ranked among top in the state
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 12.20 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 12.20 AC |
DESCRIPTION
CBRE proudly presents the Edgewood Town Center Development Site (the “Property” or the “Site”), a rare opportunity to purchase 12.2 acres of premier multi-family and commercial development potential in the rapidly growing Edgewood submarket of Pierce County, WA. The Site offers developers the ability to add a multifamily or townhome site of scale to their development pipeline. The Property provides convenient access to major employment centers and lifestyle destinations, including The Outlet Collection shopping center, South Hill Mall, Federal Way Town Center, top-rated Puyallup School District, Kent Valley and downtown Tacoma. With a limited supply of new construction in the submarket, the Edgewood Town Center Development Site is perfectly positioned to benefit from accelerating rent growth and considerable rental upside amid improving rental fundamentals.
