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Listed by:Group 7 Inc., Real Estate Serv • Ed Warnock

$825,000

Est. payment - /mo

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2.92 Acres Lot

Active

5012 Rural RD SW Tumwater, WA 98512

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Tumwater

MLS Listing ID 2418512

Style 41 - Res-Over 1 Acre

Annual Tax Amount $5,353

Lot Size 2.916 Acres

Lot Dimensions 408x320

Property Sub-Type Land

Property Description

Great multifamily zoned property in the city of Tumwater! 3 Acres. Minutes to I-5 and walking distance to a large and an ever expanding retail center. Quality and sought after area. Zoned Multifamily High Density Residential (MFH) which allows 14 to 29 units per acre. Quality apartment complexes neighboring to the south and a few blocks to the north so the subject property is in a gap and is next in line to be developed. City water and power are on the property and sewer is in the street. There are income producing manufactured homes, RV slips & a shop on the property that will provide cash flow while developing the property. It is hard to find properties w/ this potential along the I-5 corridor that are only minutes from the freeway.

Location

State WA

County Thurston

Area 443 - Tumwater

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N No

Building

Lot Description Open Space, Paved

Sewer In Street

Water Available, In Street, On Property

Schools

Elementary Schools Michael T Simmons El

Middle Schools Tumwater Mid

High Schools A G West Black Hills

School District Tumwater

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

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