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Urban Multifamily Development Lot

710 11th Ave SE, Olympia, WA 98501

For Sale
$429,000

UR-zoned parcel in Flood Zone X with extensive expired project approvals and prior planning documents available for review.

Property SizeContact for details
Days on Market120

Property Features for 710 11th Ave SE

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Windermere Prof Partners
Listed By: Matthew Romero
Source: Chehalisvalleyrealty
Added: Jul 14 Changed: Oct 26 Last Checked: Oct 7 at 4:37PM

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 Windermere Prof Partners

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This for-sale urban residential parcel was formerly associated with the Trestle Union Apartments project and is sized at 16,801 SF. The site is UR-zoned and previously planned for a 9-unit multifamily development, though those prior approvals have expired. Extensive development materials are available for review, including civil/site plans, architectural plans, structural plans, and other supporting project documentation.

The property is located near downtown Olympia and the Capitol Campus, with proximity to transit, shopping, dining, and major employment centers.

Buyer should verify all information and any development potential to their own satisfaction.

Key Highlights

  • UR‑zoned 16,801 SF infill multifamily development parcel in Olympia
  • Parcel previously planned for a 9‑unit multifamily development
  • Prior approvals have expired

Property Analytics

Suggested Use

Top Pick Auto Parts Store Pharmacy Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Electrical 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.

Location Intelligence

Trade Area within ½ mile

2,499
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential land & home lot - UR-zoned parcel in Flood Zone X with extensive expired project approvals and prior planning documents available for review.
Where is this residential land & home lot located?
The property is located at 710 11th Ave SE Olympia, WA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: UR‑zoned 16,801 SF infill multifamily development parcel in Olympia; Parcel previously planned for a 9‑unit multifamily development; Prior approvals have expired
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