16701 22nd Avenue E - Tacoma, WA 98445$1,550,000

Outstanding Development Opportunity! Seize the chance to shape the future of this prime location. A preliminary plat for 25-26 lots was started; the final number will depend on the eventual size of the water retention pond required?zoning: single-family homes, multi-family duplexes, triplexes, or four-plexes, subject to conditional permits. Approximately 0.75 acres revealed contamination. Comprehensive underground water testing confirmed the absence of water contamination. The Department of Ecology endorsed a clean-up plan submitted by engineering firm AEG, which bid $434,345 for the clean-up operations. The seller is open to deducting the clean-up cost from the listed price on a full-price offer, closing within a 90-day period.