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2.78 Acre Residential Development Site
For Sale
$500,000

200 E Walnut Street, Centralia, WA 98531

2.78 acre residential development site, zoned R-15.

Property SizeContact for details
Lot Size2.78 Acres
Days on Market611

Property Features for 200 E Walnut Street

General Information

Standard status Active
Lot size 2.78 Acres
Property subtype Land or Vacant Lot

Amenities

Sidewalk
Paved
Listing Agency: ON POINT REAL ESTATE
Listed By: SCOTT HORNER · License #11374
Source: Corcoran
Added: Dec 6, 2024 Changed: Aug 8 Last Checked: Jul 16 at 7:31AM

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 ON POINT REAL ESTATE

Investment Insights

Based on property information with market context.

This 2.78-acre property is zoned R-15 and suitable for residential development. Located within city limits, the site is high, dry, and ready for construction. The zoning potentially allows for the construction of 41 units. The property spans half a block in width and a full block in length. Situated on the edge of the shopping district, it is within walking distance of various amenities. City utilities are available at both ends of the property.

Key Highlights

  • Zoned R‑15, potentially yielding 41 units, ideal for multi‑family development.
  • Prime location within walking distance to the shopping district.
  • 2.78 acres of high, dry, and ready‑to‑build land.**

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Pharmacy Locksmith Carpet & Flooring Store Bakery

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

848
Businesses Nearby

Demographics for 98531, WA

26,669
Population
11,070
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
129.2 sq mi
ZIP Area
206
Density / Sq Mi
$61,963
Median Household Income
$37,330
Median Earnings
$1,068
Median Rent
$285,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.78 acre residential development site, zoned R-15.
Where is this residential land & home lot located?
The property is located at 200 E Walnut Street Centralia, WA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Zoned R‑15, potentially yielding 41 units, ideal for multi‑family development.; Prime location within walking distance to the shopping district.; 2.78 acres of high, dry, and ready‑to‑build land.**
More about this property
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