9115 Old Highway 99 SE, Olympia, WA 98501 (MLS # 2159407)

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Listing provided courtesy of Northwest MLS; Windermere Prof Partners

PRICE $1,975,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 6.63 ac

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.

DAYS ON MARKET 486 LAST UPDATED 11/5/2024
TRACT Olympia YEAR BUILT 0
COMMUNITY Olympia COUNTY Thurston
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School East Olympia Elem
Jr. High School George Wash Bush Mid
High School Tumwater High


ADDITIONAL DETAILS
AREA 443 - Tumwater
HEAT None
LOT 6.63 acre(s)
LOT DESCRIPTION Paved
SEWER Septic Tank
STYLE 41 - Res-Over 1 Acre
SUBDIVISION Olympia
TAXES 2157
UTILITIES Electricity Connected, Natural Gas Available, Sewer Available
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Private, Well
ZONING MFM
MORTGAGE CALCULATOR
   

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/15/25 8:47 PM PST. All data is obtained from various sources and may not have been verified by 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.

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