13.55 Acres of Development Land located in the City of Buckley w/ R-6000 Zoning (min. lot size of 6000 SF per Single-Family; 4500 SF per Townhouse; 4500 SF/Unit for Duplex; 2500 SF for Senior Housing). Water, Elec & Gas are already on property & Sewer is in-street on Spiketon Rd & slated for installation on abutting development projects. The bordering developments average 3.5 Units/Acre (31 Lots on 8.93 Acres) & 4.6 Units/Acre (70 Lots on 15.34 Acres). Using those averages, this property should conservatively produce 51-61 Lots or 4 Units/Acre. Very level topography that is mostly dry pastureland w/ Mt. Rainier view. Median Sale Price of Houses w/in City of Buckley was $630K for August. The math works at $65,574-$78,431 per potential lot.
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