Search
Build-Ready Duplex Development Lot
For Sale
$150,000

4812 15th Avenue Southeast, Lacey, WA 98503

Utilities are stubbed to a build-ready lot approved for a duplex, supporting a straightforward path to development.

Property SizeContact for details
Days on Market120

Property Features for 4812 15th Avenue Southeast

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

0, 0, 0, 0
No
Paved
Listing Agency: Olympic Sotheby's Int'l Realty
Listed By: John Stormans · License #130340
Source: Compass
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 15 at 10:20PM

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 Olympic Sotheby's Int'l Realty

Investment Insights

Based on property information with market context.

The property is a build-ready vacant lot totaling 7,500+/- square feet and is approved for a 2,500+/- square foot duplex. Site utilities are already stubbed to the property, including water, sewer, and power, which can help reduce upfront work typically associated with new development.

The lot is positioned in the heart of Lacey, with proximity to shopping, dining, everyday amenities, and I-5 for north/south commuting.

This offering is well-suited for investors, builders, or developers seeking a development-ready parcel with an approved duplex concept and existing utility tie-in points. The combination of approvals and stubbed utilities may streamline planning and early-site work compared with undeveloped land requiring full utility installation.

Key Highlights

  • 7,500+/- sq. ft. vacant lot in Lacey, approved for a 2,500+/- sq. ft. duplex
  • Water, sewer, and power are already stubbed to the property to support development
  • Paved road surface access

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Bakery Garden Center Catering Service

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

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

864
Businesses Nearby

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
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 - Utilities are stubbed to a build-ready lot approved for a duplex, supporting a straightforward path to development.
Where is this residential land & home lot located?
The property is located at 4812 15th Avenue Southeast Lacey, WA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 7,500+/- sq. ft. vacant lot in Lacey, approved for a 2,500+/- sq. ft. duplex; Water, sewer, and power are already stubbed to the property to support development; Paved road surface access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message