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8839 Pacific
Tacoma, WA 98444
Townhomes at Fern Hill Development Site · Land For Sale
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0.53 AC
Investment Highlights
- Vacant parcel totaling 0.534 acres zoned for commercial use
- Minutes from Tacoma’s largest employers
- Capitalize on increasing demand for multifamily housing
- Preliminary feasibility study suggests development of 14 three-bed/two-bath townhome units with garages
- City’s population expected to grow by 127,000 additional residents and 97,000 jobs by 2040
- Proximity to Tacoma Dome Station with link, rail and express bus service throughout the Puget Sound
Property Facts
| Property Type | Land | Total Lot Size | 0.53 AC |
| Property Subtype | Commercial | Cross Streets | Pacific |
| Proposed Use | Multifamily | ||
| Zoning | C-1 - The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, and service uses. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.53 AC |
| Cross Streets | Pacific |
| Zoning | C-1 - The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, and service uses. |
Description
In October 2022, the Pierce County Council adopted an ordinance to diversify housing types allowed in certain neighborhoods under the Home in Tacoma Project. Zoning changes under the ordinance introduce duplexes, triplexes, cottage housing, and in some cases, fourplexes and small multifamily dwellings to modernize housing and increase affordability.
Property Taxes
| Parcel Number | 032033-3241 | Improvements Assessment | $0 |
| Land Assessment | $299,500 | Total Assessment | $299,500 |
Property Taxes
Parcel Number
032033-3241
Land Assessment
$299,500
Improvements Assessment
$0
Total Assessment
$299,500
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