$ 1,300,000
423 Franz Anderson RD SE Olympia, WA 98501
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Listed by Keller Williams South Sound
$ 1,300,000
Est. payment /mo
Active
423 Franz Anderson RD SE Olympia, WA 98501
1.02 Acres Lot
UPDATED:
11/15/2024 12:17 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Olympia
MLS Listing ID 2233034
Style 42 - Multi-Family
Annual Tax Amount $5,518
Lot Size 1.020 Acres
Property Description
An exceptional opportunity presents itself with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
Waterfront No
View Y/N Yes
View Territorial
Building
Sewer Available
Water Available
Schools
School District North Thurston
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
"Three Trees" icon indicates a listing provided courtesy of NWMLS.