9115 Old Highway 99 SE - Olympia, WA 98501$2,300,000

Vacant Land

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

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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:

6.63 Acres of Development Land located w/in the UGA of Tumwater. MFM Zoning permits all configurations of multi-family housing, 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. Property consists of cleared & treed areas w/ level topo & no wetlands. Water & Sewer are about 1300 ft away along Hwy 99, though there are plans to run the lines to the intersection of Hwy 99 & 93rd Ave SE. At max density, this property could produce 99 units at $23.2K/unit. By incorporating the max affordable housing units, it could yield 133 units at $17.3K/unit. Priced at $7.96/SF

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.