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423 Franz Anderson Rd SE Olympia, WA

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For Sale
$1,200,000

Multi-family development prospect near Martin Way in Olympia.

Lot size:
1.02 Acres

Property Features for 423 Franz Anderson Rd SE

General Information

Lot size
1.02 Acres
Source: Moodyscre

Listing Agent: Jason Munoz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Development Opportunity in Olympia, WA

This multi-family development prospect is located in Olympia, WA, off Martin Way. The parcel is situated between three recently established and fully occupied multifamily developments. Preliminary conceptual plans indicate the potential for up to 60 units. The property is located near St. Peter's Hospital and is centrally positioned between Olympia and Lacey. Tenants will have convenient access to retail, dining, and Interstate-5. The location facilitates commutes to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.
Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Olympia
County
Thurston
State
Washington
Longitude
-122.9006951
Latitude
47.0378741

FAQs

What type of property is this?
Land - Multi-family development prospect near Martin Way in Olympia.
Where is this land located?
The property is located at 423 Franz Anderson Rd SE Olympia, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Multi-family development opportunity in a high-demand area.; - Potential for **up to 60 units** based on preliminary conceptual plans.; - Located off Martin Way, between three recently established and fully occupied multifamily developments.
More about this property
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