Tacoma · Commercial sale

Xtra Lease buys 16205 110th Ave E in South Hill for $9.88 million

A vacant land at 16205 110th Ave E, South Hill sold for $9,875,850 on September 1, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 16205 110th Ave E, South Hill with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Pierce County Assessor. The photo can predate the sale.
Sale price
$9,875,850
Sold
September 1, 2026
Property type
Vacant land
Lot size
207,781 sq ft

The vacant land at 16205 110th Ave E in South Hill sold for $9,875,850 on September 1, 2026, according to the Pierce County Assessor-Treasurer's sales records.

The deed covers 2 parcels. 16205 110th Ave E is the largest one we could identify. The record lists Salmon Phase 1 LLC as the seller and Xtra Lease LLC as the buyer.

The Assessor's records list the parcel as vacant land of 207,781 square feet. Its market value there is $1,482,900. No building appears in those records.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Pierce County?

By our estimate, the seller's two largest charges, not counting prorations, were $265,350.50 for the state real estate excise tax (graduated) and $49,379.25 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.

How much did the seller net?

By our estimate, the seller netted about $9,524,925. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $9,861,513 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

16205 110th Ave E, South Hill, WA.

Source: Pierce County Assessor-Treasurer, sales data downloads, document 4698421. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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