Landmark Multifamily Development Site - University Place

6802 27th Street West, University Place, WA 98466

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Property Information

  • For Sale $6,950,000
  • Property Type VacantLand
  • Property Size 204,732 SF
  • Lot Size 4.7 Acre
  • Year Built 1966
  • Date Updated Jul 30, 2026

Description

The site is zoned M/U - IU - 75, allowing the property to be a marquee multifamily development at the entrance of University Place or use the existing industrial block building and zoning to support light industrial or as contractor yard. The area boasts many local amenities and is adjacent to the Fircrest Golf Club. The property is central to Tacoma, Joint Base Lewis-McChord (JBLM), and Lakewood.

Contacts

Location

Located at 6802 27th Street West, University Place, WA 98466, this property is part of the Johnson Estates neighborhood and Seattle market.

  • 70/100 Somewhat Walkable
  • 53/100 Bikeable
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