9115 Old Highway 99 SE - Olympia, WA 98501$1,975,000

Vacant Land

Lot Square footage: 288,803 | Approx. Acreage: 6.63

NWMLS Logo Listing provided by:Windermere Prof Partners

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Brandon Johnson at
(360) 456-3366

Questions / View this Home? Call or text Brandon Johnson at (360) 456-3366

9115 Old Highway 99 SE Olympia, WA Description:

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.

9115 Old Highway 99 SE Olympia, WA Information:

Date Listed: 09-18-2023

Listing Number: 2159407

Parcel ID: 12713420400

Third Party Required (Short Sale): None

Terms of Financing: Cash Out, Conventional

Zoning: MFM

County: Thurston

Area: 443 - Tumwater

Lot Size: 6.63 acres

Lot Details: Paved

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9115 Old Highway 99 SE Olympia, WA Amenities:

Sewer: Available, In Street

Electrical Status: On Property

Gas Status: In Street

Improvements: Dwelling, Outbuilding(s)

Water: Available, In Street, Private Well

County Records for 9115 Old Highway 99 SE Olympia, WA:

County GeoData Information

*Information obtained through publically available information on Thurston County Assessor's website

9115 Old Highway 99 SE is 288,803 sq. ft or 6.63 acres of vacant land located in Olympia and in the community of Olympia. The available utilities include gas , electricity , sewer , and water .

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Directions to 9115 Old Highway 99 SE Olympia, WA: South on Old Hwy 99 to property on the right-hand side at the address (3 driveway options). Alternatively, east on 93rd Ave SE to the driveway on the left-hand side.

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BLUE SUMMIT REALTY
4705 Lacey Blvd. SE
Lacey, WA 98503
Phone: (360) 688-4073

Real estate listings held by IDX Brokerage firms other than Blue Summit Realty are marked with the NWMLS "three tree" NWMLS Logo icon. The information contained in this listing has not been verified by Blue Summit Realty, LLC and should be verified by the buyer. Equal Housing Opportunity. All Information Deemed Reliable, But Is Not Fully Guaranteed.