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5485 Steilacoom Blvd SW - STEILACOOM LAKEWOOD COMMERCIAL DEVELOPMENT 0.23 Acres of Commercial Land Offered at $349,500 in Lakewood, WA 98499
Investment Highlights
- investment/redevelopment opportunity in the Steilacoom Boulevard corridor
Executive Summary
Investment/redevelopment opportunity in the Steilacoom Boulevard corridor!
Prime development opportunity at 5485 Steilacoom Blvd SW in Lakewood's thriving commercial corridor. This strategically positioned property sits on the main thoroughfare with exceptional visibility and high traffic exposure. The valuable Neighborhood Commercial (NC2) zoning provides maximum flexibility, accommodating diverse commercial ventures and multifamily developments. Located in a rapidly growing area experiencing significant commercial and residential expansion, this property offers investors and developers an ideal foundation for capturing the area's dynamic growth potential. This is a great commercial or multifamily development site in the heart of Lakewood / Steilacoom Boulevard corridor.
5485 Steilacoom Blvd SW has a 1,206 square foot Residential property on a 10,000 square foot lot (100/Ft. wide by 100/Ft deep).
Prime development opportunity at 5485 Steilacoom Blvd SW in Lakewood's thriving commercial corridor. This strategically positioned property sits on the main thoroughfare with exceptional visibility and high traffic exposure. The valuable Neighborhood Commercial (NC2) zoning provides maximum flexibility, accommodating diverse commercial ventures and multifamily developments. Located in a rapidly growing area experiencing significant commercial and residential expansion, this property offers investors and developers an ideal foundation for capturing the area's dynamic growth potential. This is a great commercial or multifamily development site in the heart of Lakewood / Steilacoom Boulevard corridor.
5485 Steilacoom Blvd SW has a 1,206 square foot Residential property on a 10,000 square foot lot (100/Ft. wide by 100/Ft deep).
Property Facts
| Price | $349,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Total Lot Size | 0.23 AC | |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | 1197 - COMM LND WITH SFR | ||
| Price | $349,500 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.23 AC |
| No. Stories | 1 |
| Zoning | 1197 - COMM LND WITH SFR |
1 Lot Available
Lot
| Price | $349,500 | Lot Size | 0.23 AC |
| Price Per AC | $1,519,532.18 |
| Price | $349,500 |
| Price Per AC | $1,519,532.18 |
| Lot Size | 0.23 AC |
10,000 square foot lot which is 100/Ft. wide by 100/Ft deep
Description
This is a single family home. This home is located at 5485 Steilacoom Blvd SW, Lakewood, WA 98499. This is a well located site for commercial or multifamily development.
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 022035-4073 | Improvements Assessment | $30,700 |
| Land Assessment | $220,600 | Total Assessment | $251,300 |
Property Taxes
Parcel Number
022035-4073
Land Assessment
$220,600
Improvements Assessment
$30,700
Total Assessment
$251,300
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5485 Steilacoom Blvd SW - STEILACOOM LAKEWOOD COMMERCIAL DEVELOPMENT
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