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Kalama Multifamily Development Opportunity
For Sale
$6,150,000

6600 Old Pacific Highway South, Kalama, WA 98625

17.05-acre development site approved for 264 residential units.

Property Size17 SF
Price / SF$361,764
Days on Market251

Property Features for 6600 Old Pacific Highway South

General Information

Standard status Active
Size 17 SF
Property subtype Land
Listing Agency:
Listed By: Ryan Imbrie, CCIM · License #WA #25658
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: May 8 at 11:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ryan Imbrie, CCIM

Investment Insights

Based on property information with market context.

Located at 6445 Old Pacific Highway South in Kalama, Washington, "The Lofts at Kalama" is a multifamily development opportunity. The 17.05-acre site is approved for the construction of 264 residential units. The development is divided into five phases. Phase 1 will see the completion of 76 units across ten buildings. Phases 2 through 4 will add additional residential buildings. Phase 5 will include the construction of a dedicated clubhouse. The property is designed for wood-frame construction, with each four-story building featuring hard plank lap and panel siding, pitched standing seam metal roofs, and interior stairwells. Due to the site’s varied terrain, many units will have at-grade access, allowing residents to enter their homes from either the first or third stories. Each unit will be approximately 1,174 square feet, with three bedrooms and two bathrooms, boasting modern interiors with luxury vinyl plank flooring, a full kitchen appliance package, in-unit washer and dryer, and private balconies. The development offers views of the Columbia River. Infrastructure such as streets, utilities, and necessary grading are already underway. The property has easy access to Interstate 5 and is located 38 miles from Portland, Oregon.

Key Highlights

  • Approved for 264 residential units with Columbia River views, offering a blend of modern living and natural beauty.
  • Located just 38 miles from Portland, Oregon, with easy access to Interstate 5.
  • Phase 1 includes 76 units across ten buildings, with infrastructure already underway.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Pharmacy Bakery Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 98625, WA

7,413
Population
2,995
Households
2.5
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
193.9 sq mi
ZIP Area
38
Density / Sq Mi
$118,536
Median Household Income
$69,036
Median Earnings
$442,000
Median Home Value

Market

Properties on Market for Land in Kalama

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Frequently Asked Questions

What type of property is this?
Land - 17.05-acre development site approved for 264 residential units.
Where is this land located?
The property is located at 6600 Old Pacific Highway South Kalama, WA.
What is the asking price?
The asking price for this property is $6,150,000.
What are key features of this property?
This property features: Approved for 264 residential units with Columbia River views, offering a blend of modern living and natural beauty.; Located just 38 miles from Portland, Oregon, with easy access to Interstate 5.; Phase 1 includes 76 units across ten buildings, with infrastructure already underway.
More about this property
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