46.954474 -122.871516 0
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Listed by Windermere Prof Partners, Drew Staudt.

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9115 Old Highway 99 SEOlympia, WA 98501

Active
$1,975,000
6.63 Acres

6.63 Acres of Development Land w/ MFM Zoning which permits all configurations of multi-family, townhouses, rowhouses, manufactured home parks, senior housing, cottage housing, & more. Density of 9-15 units/acre, but possible to increase to 20 units/acre by incorporating permanently affordable housing units. Max height of 40 ft. Level topo & no wetlands. Mostly treed w/ some clear areas. Water & Sewer are about 1300 ft away along Hwy 99 with plans in place to run the lines past property to near intersection. At max density, this property could produce 99 units at $19.9K/unit. By incorporating the max affordable housing units, it could yield 133 units at $14.8K/unit. Priced at $6.84/SF. Located w/in the UGA of Tumwater.


FACTS & FEATURES

  • Property Type:
    Land
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    0 Square Feet
  • Lot Size:
    6.63 Acres
  • Lot Description:
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  • Area:
    443 - Tumwater
  • Views:
    ["Territorial"]
  • Schools:
    High School(s): Tumwater High, Tumwater
    Middle School(s): George Wash Bush Mid
    Elementary School(s): East Olympia Elem
  • HOA:
  • Senior Community:
    False
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    Fireplace(s): 0
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LOCATION


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Listing Office: Windermere Prof Partners. Listing Agent: Drew Staudt. Listing ID: 2159407

Last Updated November 14, 2024 4:59 PM
Data last checked against NWMLS on April 7, 2025 7:53 AM

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). All information provided is deemed reliable but is not guaranteed and should be independently verified.

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