Flat Residential Development
3502 40th Ave SE, Olympia, WA 98501
For Sale
$439,950
Nearly 7 acres of mostly flat, usable land with mixed open pasture and forested wetlands at the rear.
Property SizeContact for details
Days on Market125
Property Features for 3502 40th Ave SE
General Information
Standard status
Property subtype
Zoning
Listing Agency:
Skyline Properties, Inc.
Listed By:
Gabriel Hofer
(253) 222-1818
Source:
Nfrrealty
Added: Jul 9
Changed: Nov 8
Last Checked: Nov 8 at 11:59AM
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 Skyline Properties, Inc.
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Investment Insights
Based on property information with market context.
The property is a nearly 7-acre parcel of mostly flat, usable land. The site includes a mix of open pasture and forested wetlands toward the rear, and a tear-down cabin is currently located on-site.
It is zoned R-4, with a stated density of 8 units per acre. The seller describes the land as being located in Olympia, and the property is positioned as an opportunity for residential or commercial investment, depending on the buyer’s plans and approvals.
For buyers seeking development or redevelopment, the combination of flat buildable area and rear wetland features may influence site planning and allowable layouts under the existing zoning.
It is zoned R-4, with a stated density of 8 units per acre. The seller describes the land as being located in Olympia, and the property is positioned as an opportunity for residential or commercial investment, depending on the buyer’s plans and approvals.
For buyers seeking development or redevelopment, the combination of flat buildable area and rear wetland features may influence site planning and allowable layouts under the existing zoning.
Key Highlights
- Nearly 7 acres of mostly flat, usable land in Olympia
- Property includes a mix of open pasture and forested wetlands at the rear
- Zoned R‑4 for 8 units per acre
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Location Intelligence
Trade Area within ½ mile
54
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Demographics for 98501, WA
45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Nearly 7 acres of mostly flat, usable land with mixed open pasture and forested wetlands at the rear.
Where is this residential land & home lot located?
The property is located at 3502 40th Ave SE Olympia, WA.
What is the asking price?
The asking price for this property is $439,950.
What are key features of this property?
This property features: Nearly 7 acres of mostly flat, usable land in Olympia; Property includes a mix of open pasture and forested wetlands at the rear; Zoned R‑4 for 8 units per acre
