$1,000,000
For Sale

8602 Pacific Avenue SE

Olympia, WA 98513
Listing OfficeRE/MAX Premier Group
Browse 23 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

4.2 Acres of Prime Development Land with Endless Development Opportunities! This is a rare and exceptional opportunity to own highly desirable land in a rapidly growing area. The property includes a 3-bd, 2-bth home, which could bring rental income or as a temporary residence while you plan your development. However, the real value lies in the land's potential for redevelopment – the perfect canvas for condos, apartments, duplexes, or a mixed-use project.Ideal for developers and investors looking to capitalize on the growing demand for multi-family housing or commercial ventures in this prime location.Whether you're looking to build a multi-family community or develop luxury condos, this expansive property provides the space and flexibility

  • Property Details
      • Utility FeaturesElectricity Connected, Septic Design Installed
      • Date ListedSeptember 30, 2024
      • Style42 - Multi-Family
      • Elementary SchoolBuyer To Verify
      • Middle SchoolBuyer To Verify
      • High SchoolBuyer To Verify
      • School DistrictNorth Thurston
      • Sewer InformationNot Available
      • Utility SourcePrivate Well
      • Structure TypeMulti Family
      • Original List Price$1,000,000
      • Property TypePurchase
      • CountyThurston
      • MLS #2295386
      • Cost1000000
      • MLS #2295386
      • Taxes Annual$5,504
      • SubdivisionLacey
      • Property SubtypeLand
      • Acres4.2
      • Days on Market (Cumulative)89
Real Property Associates, Inc.
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00