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12524 Addison St SW
Lakewood, WA 98499 Pacific

$950,000 USD

Land For Sale  •  0.46 AC

Property Details

  • Property Type Land
  • Lot Size 0.46 AC
  • Zoning Multi-family, Residential
0 Transit Score
35 Walk Score

Description

The property includes two tenant-occupied buildings providing interim income while the next owner continues entitlements and permitting. A comprehensive due diligence package is available. Ideal for builders or developers seeking a well-studied infill project with momentum. Tenant occupied—do not disturb. Owner is a licensed real estate broker in the State of Washington and is the co-listing agent.

Highlights

Interim Income with Flexibility
Redevelopment Optionality
Location Near JBLM
Redacted leases, rent roll, and a financial snapshot

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Lakewood Station (Seattle - Tacoma/Lakewood - Sound Transit) 3 min 19 min 1.0 mi
South Tacoma Station (Seattle - Tacoma/Lakewood - Sound Transit) 9 min - 5.1 mi
AirportDriveWalkDistance
Seattle-Tacoma International 44 min - 29.4 mi
Claire Fralish 253-230-2567 eXp Realty
Claire Fralish 253-230-2567 eXp Realty