9115 Old Highway 99 SE Olympia, WA 98501
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 TypeLand
- NeighborhoodOlympia
- CountyThurston
- Taxes$2,157
- HOA/Condo/Coop Fees$0
- Days on Site309 Days
- MLS StatusPending
- MLS ID Number2159407
- Home Size Source N/A
- Year BuiltN/A
- Lot Size6.63 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Acreage 6.63
- Zoning MFM
- Utilities Natural Gas AvailableElectricity Connected
- Sewer AvailableIn Street
- Water AvailableIn StreetPrivate Well
- Lot Features Paved
Interior Features
- Fireplaces 0
- Fireplace No
Exterior Features
- View Territorial
- Waterfront Property No
- Lot Paved
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 443 - Tumwater