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5012 Rural Rd Tumwater, WA 98512

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For Sale
$825,000

Multifamily zoned property near I-5 with income potential.

Lot size:
2.92 Acres

Property Features for 5012 Rural Rd

General Information

Lot size
2.92 Acres

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Listing Contact
Ed Warnock
Source: Corcoran

Listing Agent: Ed Warnock

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Multifamily Zoned Property in Tumwater

This 3-acre property is located in the city of Tumwater and is zoned Multifamily High Density Residential (MFH), allowing for 14 to 29 units per acre. The site is situated minutes from I-5 and within walking distance of a large and expanding retail center in a sought-after area. Neighboring the property to the south are quality apartment complexes, with additional complexes located a few blocks to the north, positioning this property as a prime development opportunity. City water and power are available on the property, and sewer access is located in the street. The property currently includes income-producing manufactured homes, RV slips, and a shop, providing cash flow during the development phase. This property presents a development opportunity along the I-5 corridor.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tumwater
County
Thurston
State
Washington
Longitude
-122.9260482
Latitude
47.0025313

FAQs

What type of property is this?
Residential land & home lot - Multifamily zoned property near I-5 with income potential.
Where is this residential land & home lot located?
The property is located at 5012 Rural Rd Tumwater, WA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: - 3-acre property offers significant development potential.; - Prime location minutes from I-5.; - Zoned Multifamily High Density Residential (MFH) allowing 14-29 units per acre.
More about this property
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