9115 Old Highway 99 SE Olympia, WA 98501
9115 Old Highway 99 SE
Olympia, WA 98501
$1,975,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Olympia
Res-Over 1 Acre
View: Territorial
Garden/Fruit Trees
Lightly Treed
Partially Cleared
Pasture Land
Pool: Above Ground
2023 Taxes: $2157.00
Listing #: 2159407
Lot Details
Lot Size: 6.63 acres
Paved
Topography: Level
Road Sides: North & South
Road: County Maintained
Road: Paved
Utilities
Electricity: On Property
Water: Available
Water: In Street
Water: Private Well
Gas: In Street
Sewer: Available
Sewer: In Street
Schools
District: Tumwater
Elem: East Olympia Elem
Middle: George Wash Bush Mid
High: Tumwater High
Call or Email:
Grace Wamwere
What's Near 9115 Old Highway 99 SE Olympia, WA 98501?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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