South Tacoma Land for Sale

South Tacoma Land for Sale

Welcome to South Tacoma, a vibrant neighborhood nestled in the heart of Tacoma, Washington. Known for its rich history and diverse culture, South Tacoma offers a unique blend of urban convenience and suburban charm. This area is characterized by its friendly community, beautiful parks, and a variety of local shops and restaurants that reflect the eclectic spirit of the region.

As you explore South Tacoma, you’ll find an array of amenities that make it an ideal place to call home. The neighborhood boasts several parks, including the expansive South Park, where families can enjoy picnics, playgrounds, and sports facilities. The local schools are highly regarded, making it a great choice for families looking to settle down in a nurturing environment.

For those interested in land for sale, South Tacoma presents an exciting opportunity. The availability of land allows for the potential to build your dream home or invest in a lucrative development project. With its strategic location, just a short drive from downtown Tacoma and easy access to major highways, South Tacoma is poised for growth and development. Imagine crafting a residence that embodies your personal style while being surrounded by a community that is rich in culture and history.

Whether you’re a first-time homebuyer, an investor, or someone looking to build from the ground up, South Tacoma is a neighborhood that promises a fulfilling lifestyle and endless possibilities. Don’t miss out on the chance to be part of this thriving community—discover the land for sale in South Tacoma today!

Newest South Tacoma Land for Sale

2302 S G Street Unit #1-13, Tacoma
$799,000
2594232 MLS ⋅ ACTIVE Status
Fully Approved 13-Unit Development Opportunity | Tacoma Shovel-ready infill project with zero entitlement risk. City building & site development permits are fully approved—just pay issuance fees, attend one pre-con meeting, and pull permits to break ground.Project Highlights:• Lot: 4,563 SF corner parcel at S G & S 23rd St; Downtown Residential (DR) zoning, zero yard setbacks & alley access • Program: 13 units (4 studios, 9 one-bedrooms) totaling 6,244 net SF • Structure: 4-story Type VA wood-frame, R-2 occupancy, NFPA 13R fire suppression • Permits: Approved Graves architectural set (BLDCN23-0082, SDEV23-0391, WO23-0145) • Tax Advantage: Eligible for Tacoma’s 12-Year MFTE property tax exemption, boosting stabilized NOI The Numbers: • Hard costs track well below King County at ~$210–$255/gross SF • Strong demand from UW Tacoma, MultiCare, Port of Tacoma & JBLM • Projected gross rent: $20,500–$22,500/mo at ~95% occupancy (Studios: $1,250–$1,400 | 1-BD: $1,550–$1,850)Entitlement Risk Removed: Architectural review, SEPA, civil engineering, and city planning cycles are complete. Eliminate the soft-cost burn and step directly into vertical execution.Mminutes from the Tacoma Dome and Downtown core. Quick access to I-5, Hwy 16, the Tacoma Link Light Rail extensions, and the Sounder Train at Tacoma Dome Station. 1–2 miles of University of Washington Tacoma (UWT), MultiCare Tacoma General Hospital, St. Joseph Medical Center.Walkable urban hub.permitted plans included in price

2302 S G Street Unit #1-13, Tacoma

Listing Broker: Skyline Properties, Inc.; Donna Marshall; 425-422-0954; mdonnam44@gmail.com

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