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  • Real Property Associates, Inc.
    7500 Roosevelt Way NE
    Seattle, Washington 98115
    (206) 523-0300

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    Northwest Multiple Listing Service

    The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.

    Based on information submitted to the MLS GRID as of 2025-10-23 14:00:27. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

    Copyright 2024 Northwest Multiple Listing Service. All rights reserved.

    $1,975,000
    For Sale

    9115 Old Highway 99 SE

    Olympia, WA 98501
    6.63 acres | #2159407
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    Listing OfficeWindermere Prof Partners
    Browse 23 photos
    Type:Purchase
    Structure:Land
    Zone:Residential

    Description

    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 Details
        • Utility FeaturesElectricity Connected, Natural Gas Available, Septic Design Installed
        • Utility SourceAvailable, In Street, Private Well
        • Sewer InformationAvailable, In Street
        • Style41 - Res-Over 1 Acre
        • Middle SchoolGeorge Wash Bush Mid
        • Date ListedSeptember 18, 2023
        • Elementary SchoolEast Olympia Elem
        • High SchoolTumwater High
        • ViewTerritorial
        • Structure TypeUnspecified
        • Original List Price$2,300,000
        • Property TypePurchase
        • School DistrictTumwater
        • CountyThurston
        • SubdivisionOlympia
        • MLS #2159407
        • Cost1975000
        • MLS #2159407
        • Taxes Annual$2,157
        • Lot DescriptionPaved
        • Acres6.63
        • Property SubtypeLand
        • Days on Market (Cumulative)470

    Location

    Legal

    The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.

    Based on information submitted to the MLS GRID as of 2024-11-14 16:59:18. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

    Copyright 2024 Northwest Multiple Listing Service. All rights reserved.

    Last Updated: Today at 7:00 AM. Source: NWMLS

    Provided By
    Listing Agent: Drew Staudt (#NWM111312)
    Listing Office: Windermere Prof Partners (#NWM902)

    Real Property Associates, Inc.
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