Provided by NWMLS, Listed by Windermere Professional Prtnrs
Active
9115 Old Highway 99 SE
Olympia WA, 98501
$1,975,000
$6.84 per sqft
Active
6.63 Acres
Land
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.
2159407
MLSⓇ ID
September 18, 2023
Listed
May 14, 2024
Updated
Map
9115 Old Highway 99 SE
Olympia WA, 98501
Exterior/Building Features
Lot Size
6.63 Acres
Lot Features
Paved
Sewer
Available, In Street
School Information
School District
Tumwater
High School
Tumwater High
Elementary School
East Olympia Elem
Other Property Details
Area Name
443 - Tumwater
Taxes
$2,157
Tax Frequency
Annually
Garage
No
View
Yes
View Description
Territorial
County
Thurston
Water Source
Available, In Street, Private Well
Pool
No
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
5/8/2024 | Price Change | $1,975,000 -15% |
1/11/2024 | Active | — |
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/20/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/20/2024 at 4:00 PM UTC