2513 Meridian Avenue E, Edgewood, Washington 98371

WA, Edgewood
$1,650,000
  • 0.94 Acre
  • Land Property Type
  • Pending Status
Property Description

Huge investment opportunity to acquire a fully-entitled, shovel-ready multifamily development located in Edgewood Town Center. This .94-acre lot has approved permits & complete architectural/civil plans for a high-demand mixed-use project; 2 buildings offering 39 residential units, 2 retail/office spaces & 54 parking stalls. Designed w/modern living & convenience, the project features a gym/flex space, bike storage, EV chargers & carport parking. Utilities available via renovated street. Rent projections, project valuation, ROM construction estimates, approved architectural/civil, MEP & site development landscaping available. Excellent exposure w/16,000 cars/day. Close to I-5, Hwy 18 & Hwy 167. Robust population & strong growth potential.

Source: NWMLS
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 2471601
  • Price: $1,650,000
  • View: Territorial
  • Lot Area: 0.94 Acre
  • Status: Pending
  • Office Name: COMPASS
  • Agent Name: Mike Moghaddas
  • Property Sub Type: Land
Features
  • Sewer Available
  • Utilities Electricity Available, Natural Gas Available
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Edgewood
  • Zipcode 98371
  • Street: Meridian
  • Street Number: 2513
  • Street Suffix: Avenue
  • Longitude: W123° 42' 22.3''
  • Latitude: N47° 14' 3.6''
  • Directions: WA-161 N/WA-512 E. Take the exit on the left onto WA-161 N/WA-167 S toward Milton/Tacoma. Keep right at the fork. Continue onto WA-161 N/N Meridian Ave. Destination will be on the right.
  • Mls Area Major: 72 - Edgewood
  • Street Dir Suffix: E
Neighborhood
  • High School District: Puyallup
Additional Information
  • Water Source: Available
  • Possible Use: Multi-Family
  • On Market Date: 2026-01-23
  • Lot Features: Paved
Financial
  • Tax Annual Amount: 4287
Listing Information
  • List Agent Mls Id: 28546
  • List Office Mls Id: 5813
  • Listing Term: Cash Out,Conventional
  • Mls Status: Pending Feasibility
  • Modification Timestamp: 2026-01-29T18:05:14Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-01-29T18:03:32Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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