9115 Old Highway 99 SEOlympia, WA98501
Listing courtesy of Drew Staudt of Windermere Professional Prtnrs
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
REDUCED PRICE - 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.
2 months ago | Status changed to Pending | |
5 months ago | Price changed to $1,975,000 | |
a year ago | Listing first seen online | |
a year ago | Listing updated with changes from the MLS® |
Listing courtesy of Drew Staudt of Windermere Professional Prtnrs
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on Information submitted to the MLS Grid as of: 2024-10-07 07:20 PM PDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.