Map of Property

Parkland Development

149 121st St E & 207 121st St E, Tacoma, WA 98445

  • For Sale $5,062,500
  • Property Type VacantLand
  • Property Size 326,264.4 SF
  • Lot Size 7.49 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 20, 2024

Kidder Mathews is pleased to offer for sale the Parkland Development Site. Rezoned to NCOR in December 2021, this two-parcel development site offers high density multifamily at up to 25/units an acre. Comprised of +/- 7.49 acres, Parkland development provides investors the opportunity to one of few remaining sizable garden style sites in the Tacoma / Parkland area. Transit orientated development, this development site sits right off future bus rapid transit line (BRT Route 4), and will provide all future residents with proximity to major employment, entertainment, transit route and schools. 

POTENTIAL FOR UP TO 187-UNIT development site sitting on over 6 acres of flat developable land TRANSIT ORIENTED DEVELOPMENT Pierce Transit is planning a Bus Rapid Transit (BRT) line along a 14.4-mile portion of Pacific Avenue/ SR-7 between downtown Tacoma and Spanaway. This $150 million projected is slated to open in 2024, connecting downtown Tacoma south to Spanaway. Service will be every 10 – minutes (see page 5) SEVERELY UNDERSERVED apartment market in emerging location. Newest apartment complex between E 84th and 176th street E was built in 2014 (50 + unit minimum) CENTRALLY LOCATED IN THE HEART OF PARKLAND near intersection Pacific Avenue and 121st St. Walking distance (.4 miles) to Pacific Lutheran University. Excellent proximity to all local grocery, employers, schools and restaurants

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Contacts

broker

Austin Kelley Is this you?

Kidder Mathews

broker

Ted Sipila Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable

  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Tacoma, WA
  • Neighborhood Parkland
  • Zip Code 98445
  • Market Seattle

Points of Interest

  • Lakewood

    3.27 miles

  • South 25th Street

    6.33 miles

  • S 25th St

    6.33 miles

  • Tacoma

    6.36 miles

  • Tacoma Dome

    6.38 miles

  • SillyVille Train Station

    6.52 miles

  • Union Station

    6.73 miles

  • Union Station/South 19th Street

    6.73 miles

  • Saint Joseph

    6.81 miles

  • St Joseph

    6.81 miles

  • Arco

    0.27 miles

  • Pacific Pride

    0.72 miles

  • Shell

    0.79 miles

  • Chevron

    1.01 miles

  • ARCO

    1.90 miles

  • 76

    1.93 miles

  • ChargePoint

    4.26 miles

  • Blink

    4.48 miles

  • Tesla Supercharger

    4.53 miles

  • eVgo

    5.08 miles

  • Parkland Park and Ride

    0.30 miles

  • Mortvedt Library Parking Lot

    0.47 miles

  • Harstad Parking Lot

    0.50 miles

  • University Center Parking Lot

    0.50 miles

  • Nesvig Parking Lot

    0.53 miles

  • Health Center Parking Lot

    0.54 miles

  • East Hauge Parking Lot

    0.54 miles

  • Martin J. Neeb Center Parking LOt

    0.57 miles

  • Yakima Street Parking Lot

    0.60 miles

  • Tinglestad Parking Lot

    0.62 miles

  • Crossland Economy Studios

    2.56 miles

  • Quality Inn & Suites

    2.60 miles

  • American Lodge

    2.66 miles

  • Whiteroof Inn

    2.67 miles

  • Holiday Inn Express & Suites

    2.68 miles

  • Comfort Inn

    2.69 miles

  • Holiday Inn

    2.70 miles

  • Red Lion Hotel & Conference Center

    2.79 miles

  • Candlewood Suites Lakewood

    2.86 miles

  • Hampton

    2.87 miles

  • Happy Teriyaki

    0.28 miles

  • Jersey Mike's Subs

    0.29 miles

  • Farrelli's Pizza - Parkland

    0.30 miles

  • Domino's

    0.30 miles

  • Uni Teryaki and Wok

    0.30 miles

  • Farellis Pizza

    0.30 miles

  • 208 Garfield

    0.32 miles

  • La Ca Cafe

    0.35 miles

  • Trappers Sushi

    0.38 miles

  • Rise and Shine Cabaret Cafe

    0.39 miles

  • Parkland Lutheran School

    0.31 miles

  • New Pathways Storefront School

    0.61 miles

  • Pacific Lutheran University

    0.67 miles

  • Elmhurst Elementary School

    0.88 miles

  • Brookdale Elementary School

    0.88 miles

  • GATES High School

    0.98 miles

  • Perry G Keithley Middle School

    1.09 miles

  • James Sales Elementary School

    1.14 miles

  • Franklin Pierce High School

    1.21 miles

  • Washington High School

    1.25 miles

  • Crown Academe

    2.61 miles

  • Children's University

    3.57 miles

  • Fun Times Daycare

    3.84 miles

  • Anna's Child Care

    4.44 miles

  • Angeles Academy

    4.56 miles

  • New Jerusalem Day Care Center

    4.76 miles

  • KinderCare

    4.77 miles

  • Alphabet Preschool

    4.82 miles

  • Just Like Home Daycare

    4.85 miles

  • Kreative Kidz of Lakewood

    4.88 miles

Frequently Asked Questions

How much does Parkland Development cost?

The space currently listed for sale at Parkland Development asks for $5,062,500.

What is the total square footage of Parkland Development?

Parkland Development totals 7 square feet.

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