Wow! Fantastic opportunity on the vacant lot in Lakewood. Situated just minutes to JBLM entrance off Thorne Ln. Located one lot in from Union Ave with all commercial development. Currently per the City of Lakewood, the lot is zoned Multi-Family 1. (Buyer/agent to verify all information to their own satisfaction). At one time, there was a 1100 sq ft home. It has been removed. No evidence that it was there. Lot is fully fenced with cyclone fence. Lakewood Water and PSE state they once serviced the address.
Outstanding Opportunity in Lakewood's Sought-After Opportunity Zone! This prime lot with NC2 zoning allows for versatile development—single-family and multi-family residences, retail, or office spaces. Fully equipped with sewer, electricity, and water, it’s ready for your project. Situated in a desirable area, it’s just minutes from schools, shopping, and major highways, making it an ideal location for residential or investment builds. The seller had plans for a 3-plex but is streamlining their portfolio, creating an incredible opportunity for you to build and invest in Lakewood's thriving urban scene. Don’t miss out!
Looking for a great development opportunity...this may be it! This level 18,400 lot is located in the Lakewood/Tillicum neighborhood. Zoned Multifamily 2; this property has many options for building, please visit the City of Lakewood for additional information. The lot has 80 feet frontage and runs 230 feet deep. Located in an established neighborhood of residential homes, walking distance to Tillicum Elementary School. A 5 minute drive to I-5 and the military base entrance. Water and power are in the street. Lot suitable for septic system(s). Possible Seller Financing Option.
Premium properties like this rarely come along! With the construction of the new I-5 Berkeley St off ramp, all Northbound and Southbound taking the Berkeley St exit will drive by this lot before any others! This property will be the first any driver will see enroute to Camp Murray and other commercial establishments on Union Ave. The exceptional I-5 visibility, Berkeley St frontage & located in an Opportunity Zone make this property every developer’s dream! Neighborhood Commercial 2 zoning allows for numerous commercial, multifamily and mixed uses. Structures, septic and oil tank removed with NFA. All utilities are currently on site!
The median home value in Lakewood, WA is $459,500. This is lower than the county median home value of $509,000. The national median home value is $338,100. The average price of homes sold in Lakewood, WA is $459,500. Approximately 40.6% of Lakewood homes are owned, compared to 51.93% rented, while 7.48% are vacant. Lakewood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakewood real estate agent to arrange a tour today!
Lakewood, Washington 98498 has a population of 62,972. Lakewood 98498 is more family-centric than the surrounding county with 33.1% of the households containing married families with children. The county average for households married with children is 32.93%.
The median household income in Lakewood, Washington 98498 is $60,534. The median household income for the surrounding county is $82,574 compared to the national median of $69,021. The median age of people living in Lakewood 98498 is 35.7 years.
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 41.1 inches per year, with 5.3 inches of snow per year.