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4914 67th Ave W - Monarch Lots

5.23 Acres of Residential Land in Tacoma, WA 98467

Investment Highlights

  • With preliminary plat approval from University Place, the Monarch lots provide new ownership the opportunity to break ground in 2024.
  • Monarch lots are conveniently located less than a mile East from Bridgeport Way, near excellent schools, local transit and regional employers.
  • Demand for homes in University Place drastically outnumber supply. The Monarch lots are well positioned to benefit from lack of housing
  • Monarch sits on over 5 acres of relatively flat developable land. With an average lots size of nearly 5,000 SF

Executive Summary

Kidder Mathews is pleased to present the offering ofthe Monarch Lots, a 17-lot development opportunity located within University Place city limits. Comprised of roughly 5.2 acres, Monarch Lots has received preliminary plat approval, and is well positioned for construction activity Summer 2024. With proposed lots ranging from 4,700 - 7,200 SF, this uniquely sized opportunity is well suited for high-end custom spec development and is conveniently located in one of the few remaining sizable parcels left in University Place

Attachments

Monarch Lots_OM

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 5.23 AC

1 Lot Available

Lot

Lot Size 5.23 AC

zoning

Zoning Code R-1 (Single Family homes)
R-1 (Single Family homes)
  • Listing ID: 30417316

  • Date on Market: 2023-12-21

  • Last Updated:

  • Address: 4914 67th Ave W, Tacoma, WA 98467

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