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Highly Visible Adjacent-Infill Land
For Sale
Contact for pricing
Pending

3901 Martin Way E, Olympia, WA 98506

Highly visible parcel near I-5 with plans for 121 multifamily units and an owner open to options.

Property SizeContact for details
Lot Size1.77 Acres
Days on Market122

Property Features for 3901 Martin Way E

General Information

Standard status Pending
Lot size 1.77 Acres
Property subtype Land

Additional Details

Highway Access Yes
Multifamily Units 121
Listing Agency: Kidder Mathews Tacoma
Listed By: Ryan Haddock · License #23080
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Apr 10 at 11:09PM

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 Kidder Mathews Tacoma

Investment Insights

Based on property information with market context.

This offering is a highly visible land parcel totaling 1.77 acres, positioned adjacent to I-5. The property is currently under plans for a 121-unit multifamily development, providing a clear path for prospective buyers evaluating entitlement-aligned land.

The location’s adjacency to I-5 supports straightforward regional access, and the visibility of the site is a practical consideration for future site planning and exposure.

The seller has stated they are motivated and will look at all options. For parties interested in acquiring land with existing multifamily unit plans, this site offers a defined development target alongside a high-profile roadway edge.

Key Highlights

  • 1.77‑acre highly visible parcel adjacent to I‑5
  • Plans for 121 multifamily units
  • Owner is motivated and open to all options

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Catering Service Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

121
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

Demographics for 98506, WA

19,198
Population
9,041
Households
2.1
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
857
Density / Sq Mi
$93,968
Median Household Income
$50,388
Median Earnings
$1,431
Median Rent
$469,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Highly visible parcel near I-5 with plans for 121 multifamily units and an owner open to options.
Where is this residential land & home lot located?
The property is located at 3901 Martin Way E Olympia, WA.
What are key features of this property?
This property features: 1.77‑acre highly visible parcel adjacent to I‑5; Plans for 121 multifamily units; Owner is motivated and open to all options
(360) 596-9151 Call to check price and availability
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