9115 Old Highway 99 SE

Olympia, WA 98501

  • Bed

  • Bath

  • 0 SqFt

  • 259 DOM

  • Built:

  • Status: Active

$1,975,000

X

9115 Old Highway 99 SE

Olympia 98501

$1975000

  • Bed

  • Bath

  • 0 SqFt

  • 259 DOM

  • Built:

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 0

  • 41 - Res-Over 1 Acre

Features and Utilities

  • Available, In Street, Private

  • Available, In Street

Financial

  • 2157

  • Cash Out, Conventional

  • 09-18-2023

Comparable Information

  • 259

  • 259

  • Cash Out, Conventional

  • $2,300,000

  • $2,300,000

  • Nov 13, 2024 18:35

Schools

Elementary : East Olympia El N/A Ratings
Middle : George Wash Bus N/A Ratings
High : Tumwater High N/A Ratings

Map

Listing courtesy of Windermere Prof Partners.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: May 14, 2025 01:37 | Listing last modified Nov 13, 2024 18:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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