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Listed by:Dream Weavers Inc. • Larry Weaver
$ 10,500,000
Est. payment /mo
New
6711 198th AVE SW Rochester, WA 98579
28.35 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Grand Mound
MLS Listing ID 2564060
Style 42 - Multi-Family
Annual Tax Amount $5,300
Lot Size 28.350 Acres
Property Sub-Type Land
Property Description
29 Acres under the same family ownership for over 50 years and now on the market for the 1st time in over 1/2 century. This is one of the most developable sites in South Thurston County and one of only a handful of R8-24/1 zoned sites in the region. Up to 24 units per acre! Located at Interstate 5 exit 88 in the heart of one of the fastest growing commercial/industrial/multifamily districts along the I-5 corridor between Seattle and Portland. Multiple large commercial/industrial projects progressing within minutes of this prime property. The site adjoins other high density "built out" SFR developments. This is the largest contiguous site offering this highest density zone available in this region. Owners preliminary review indicates likely 340 lots for townhomes + 20 units of multi-family. Multi family would be two 6-plex's + two 4-plex's.240 residential units possible. Or, modify to your preference. Water/Sewer/Power services available. Property is tabletop flat with sandy/gravelly soil conditions. No wet areas, very good drainage. Full Street frontage along both the Northerly and Southerly boundaries. Attention developers, position yourself for the inevitable explosion of new employees coming to many new facilities now in the permitting process. New "CarMax" auto superstore facility under construction planned to be in operation in '27. This will be in complement to the nearby recently completed new 300,000 sq.ft. Electrolux complex an numerous other projects in the works.
Location
State WA
County Thurston
Area 455 - Rochester
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected
View Y/N No
Building
Sewer Available
Water Available
Schools
Elementary Schools Grand Mound Elem
Middle Schools Rochester Mid
High Schools Rochester High
School District Rochester
Others
Senior Community No
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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1616 S Gold St, Centralia, WA 98531, USA
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