5.99 Acres Investment
For Sale
$1,800,000
Pending
2602 Marvin Rd Se, Olympia, WA 98503
5.99 acres of land for sale in Olympia, WA.
Property SizeContact for details
Lot Size5.99 Acres
Days on Market1667
Property Features for 2602 Marvin Rd Se
General Information
Standard status
Pending
Lot size
5.99 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$348
Listing Agency:
Virgil Adams Real Estate, Inc.
(360) 352-3756
Listed By:
Polly Barber
(360) 352-3756
Source:
Exprealty
Added: Feb 8, 2022
Changed: Aug 20
Last Checked: Aug 31 at 7:56PM
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 Virgil Adams Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 5.99-acre property presents an investment opportunity. The listing comprises two parcels: Parcel #11826120104 (3.47 acres) and Parcel #11826120102 (2.52 acres). While there are some structures on the property, the value is primarily in the land itself. The property is zoned for moderate density and is located within the Urban Growth Area of Lacey. Timber is present on the property, and its value has been assessed. City sewer and water services are available on Marvin Rd SE. The location provides convenient access to I-5 and is near shopping, dining, and recreational venues, including the Regional Athletic Center (RAC) in the Hawks Prairie area.
Key Highlights
- 5.99 acres of land within the Lacey Urban Growth Area.
- Zoned for moderate density development.
- City sewer and water available on Marvin Rd SE.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 98503, WA
40,346
Population
18,375
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
11.1 sq mi
ZIP Area
3,635
Density / Sq Mi
$87,515
Median Household Income
$47,554
Median Earnings
$1,673
Median Rent
$407,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 5.99 acres of land for sale in Olympia, WA.
Where is this land located?
The property is located at 2602 Marvin Rd Se Olympia, WA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 5.99 acres of land within the Lacey Urban Growth Area.; Zoned for moderate density development.; City sewer and water available on Marvin Rd SE.
