607 Sleater Kinney RdLacey, WA 98506

For Sale
$5,300,000

19.55 Acres, Lacey, WA - Multifamily Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 19.55-acre commercial land parcel presents a remarkable development opportunity in Lacey, Washington. Located at 607 Sleater Kinney Rd NE, 98506, this property boasts a highly desirable RM-18 zoning, permitting the construction of multifamily dwellings. The site encompasses two tax parcels (APN: 11817210100, 11817210200) and offers significant potential for a variety of configurations. Extensive pre-development work has already been completed, including a detailed site plan, design review package, and conceptual design review prepared by Thomas Architectural Studios. Comprehensive civil designs are also in place. Furthermore, numerous studies have been conducted, encompassing wetlands, traffic, soils, trees, topography, and geotechnical assessments. The City of Lacey has been supportive of this project, recognizing its potential to contribute to the community. This prime location offers convenient access to I-5, placing it within easy reach of Olympia. Nearby amenities include schools, shopping centers, Safeway, Lowe's, medical facilities, restaurants, and public transportation. The seller is flexible regarding the closing timeline, making this an attractive investment opportunity. The asking price is $5,300,000.

Highlights

  • 19.55-acre site.
  • Two tax parcels.
  • RM-18 multifamily zoning allows diverse development options.
  • Approved site plan for 168 multifamily units and 75 townhomes.
  • Comprehensive site studies completed (wetlands, traffic, soils, trees, topography, geotechnical).
  • Seller offers flexible closing timeline.

Property Details for 607 Sleater Kinney Rd

Property type
Other land, Land
Lot Size (sq. ft)
851,598 SF

Location Insight

City
Lacey
County
Thurston
State
Washington
Latitude
47.0529284
Longitude
-122.8341315
607 Sleater Kinney Rd, Lacey, Washington

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
607 Sleater Kinney Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message