Listing provided courtesy of Washington Real EstateNWMLSMLS# NWM2518867MLS Provider
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Prime ~4.83-acre development opportunity in Pierce County’s Urban Corridor (UCOR) zoning. Sewer in the street unlocks true multifamily and mixed-use potential. Ideal for apartments, townhomes, or a mixed-use project. UCOR allows higher-density, transit-oriented development along major corridors—perfect for capturing strong rental demand and long-term appreciation. Flat, usable site with strong layout potential for ~70–140 units (buyer to verify). Conceptual planning supports efficient garden-style or higher-density product. Flexible zoning supports residential, commercial, or blended uses—giving developers multiple exit strategies. Located in a growing South Hill/Puyallup corridor with expanding infrastructure, retail, and housing demand. Easy access to major arterials, employment centers, and amenities enhances project feasibility and absorption. Sewer availability significantly reduces development barriers and increases achievable density compared to septic-limited sites. Power, water, and other utilities nearby (buyer to verify). Excellent opportunity for builders, multifamily developers, or investors seeking a scalable project in a high-growth submarket. Entitlement upside with UCOR designation aligned with Pierce County’s long-term growth strategy. Buyer to verify all information to their satisfaction, including zoning, density, utilities, and development requirements.

Source: NWMLS, MLS#: NWM2518867

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  • Property Type
    Residential
  • Lot
    4.83 acres

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John Duerr

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  • Median Age
    32
  • Population Density
    3,328
  • College Educated
    37%
  • Estimated Median Income
    $89,202
  • Estimated Total Home Owners
    7,464
  • Estimated Total Renters
    2,715
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    3
  • Total Population
    32,349
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 15420 62nd Avenue E


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: NWMLS Added to Database
May 06, 2026