1. Washington
  2. Olympia
  3. 9115 Old Highway 99 SE
$1,975,000

9115 Old Highway 99 SE, Olympia, WA 98501

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6.63acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

This listing courtesy of Drew Staudt, Windermere Prof Partners

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.

Listing Status:
Active
Listing Office:
Windermere Prof Partners : 253-845-5900
Listing Agent:
Drew Staudt : 253-845-5900
MLS ID:
2159407
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0

This listing courtesy of Drew Staudt, Windermere Prof Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Olympia Elementary School

8700 Rich Rd SE, Olympia, WA, 98501

Grades KG-5

1.89 miles away

G

George Bush Middle School

2120 83rd Ave SW, Tumwater, WA, 98512

Grades 6-8

2.81 miles away

T

Tumwater High School

700 Israel Rd SW, Tumwater, WA, 98501

Grades 9-12

3.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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