$1,975,000
9115 Old Highway 99 SE, Olympia, 98501
Listing Courtesy of
Windermere Prof Partners
9115 Old Highway 99 SE, Olympia, WA 98501
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.
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2159407
- StatusActive
- AreaOlympia
- CarportNo
- CityOlympia
- CountyThurston
- FireplaceNo
- High School DistrictTumwater
- Living Area0 Square Feet
- Lot FeaturesPaved
- Lot Acres6.63
- Lot Square Feet288803
- Zip Code98501
- Property TypeLand
- SewerAvailable, In Street
- UtilitiesElectricity Connected, Natural Gas Available, Septic Design Installed
- WaterfrontNo
- Water SourceAvailable, In Street, Private Well
- Checked For Updates2024-12-21 04:01:25 PST
Based on information submitted to the MLS GRID as of 2024-12-21 04:01:25 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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