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Residential Land Ready to Build
For Sale
$500,000

200 E Walnut St, Centralia, WA 98531

2.78 acre residential land parcel zoned for 41 units.

Property SizeContact for details
Lot Size2.78 Acres
Days on Market181

Property Features for 200 E Walnut St

General Information

Standard status Active
Lot size 2.78 Acres
Property subtype Vacant Land
Listing Agency: On Point Real Estate
Listed By: Scott Horner · License #11374
Source: Nfrrealty
Added: Mar 13 Changed: Sep 8 Last Checked: Aug 25 at 5:14AM

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 residential land parcel is located within the town and is zoned R-15, potentially yielding 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 amenities. City utilities are available at both ends of the property.

Key Highlights

  • Development potential: Zoned R‑15, yielding approximately 41 units.
  • Prime location: Walking distance to the shopping district and everything in town.
  • Sizeable lot: Boasting 2.78 acres, half a block wide and a full block long.

Property Analytics

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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

863
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.78 acre residential land parcel zoned for 41 units.
Where is this residential land & home lot located?
The property is located at 200 E Walnut St 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: Development potential: Zoned R‑15, yielding approximately 41 units.; Prime location: Walking distance to the shopping district and everything in town.; Sizeable lot: Boasting 2.78 acres, half a block wide and a full block long.
More about this property
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