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38266 Military Rd S - 13 Acres on 2 Parcels in Edgewood, WA 13 Acres of Commercial Land Offered at $13,000,000 in Auburn, WA 98001

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INVESTMENT HIGHLIGHTS

  • Prime development site in a growing Pierce County community
  • Pending rezone for multifamily enhances residential potential
  • Flexible BP zoning allows offices, light industrial, retail, senior housing, and multifamily apartments
  • Strong access to SR-167, I-5, Tacoma, and Kent Valley

EXECUTIVE SUMMARY

Currently zoned BP (Business Park), the site is already positioned for a wide variety of employment and commercial uses, including professional offices, light industrial, retail, senior housing, and multifamily apartments. A rezone application/ Conditional Use Permit is in process to fully allow multifamily residential development, enhancing the site’s long-term potential and broadening its highest and best use.

PROPERTY FACTS

Price $13,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 13.00 AC
Zoning BP - Business Park

1 LOT AVAILABLE

Lot

Price $13,000,000
Price Per AC $1,000,000.00
Lot Size 13.00 AC

Located at 10400 County Line Road & 113 Meridian Avenue E in Edgewood, Pierce County, this property offers a prime development opportunity on two contiguous parcels totaling 13.74 acres (9.1163 acres + 4.63 acres).

DESCRIPTION

Located at 10400 County Line Road & 113 Meridian Avenue E in Edgewood, Pierce County, this property offers a prime development opportunity on two contiguous parcels totaling 13.74 acres (9.1163 acres + 4.63 acres). Currently zoned BP (Business Park), the site is already positioned for a wide variety of employment and commercial uses, including professional offices, light industrial, retail, senior housing, and multifamily apartments. A rezone application/ Conditional Use Permit is in process to fully allow multifamily residential development, enhancing the site’s long-term potential and broadening its highest and best use.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 042003-2021
  • 042003-2111
Land Assessment
$2,190,800
Improvements Assessment
$86,100
Total Assessment
$2,276,900
  • Listing ID: 38153204

  • Date on Market: 10/21/2025

  • Last Updated:

  • Address: 38266 Military Rd S, Auburn, WA 98001

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