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Tumwater Corner Lot Development Opportunity
For Sale
$299,997
Pending

7143 Littlerock Road SW, Tumwater, WA 98512

Development opportunity near state buildings with multi-family zoning and mixed-use potential.

Property Size480 SF
Lot Size0.99 Acres
Days on Market173

Property Features for 7143 Littlerock Road SW

General Information

Standard status Pending
Size 480 SF
Lot size 0.99 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,420

Amenities

Garage
Sidewalk
Curbed Lot
Paved
Listing Agency: ABBEY REALTY INC
Listed By: WESLEY NEAL
Source: Corcoran
Added: Feb 17 Changed: Aug 8 Last Checked: Aug 8 at 1:39PM

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 ABBEY REALTY INC

Investment Insights

Based on property information with market context.

This 0.99-acre corner lot in Tumwater presents a development opportunity. Currently zoned for Multi-Family use, allowing 9-15 units per acre, the city is considering changing the zoning to mixed-use, especially with the planned road extension at the roundabout. The location is suitable for a small apartment complex or townhomes, given the demand indicated by a new, fully rented apartment across the street, 14 units under construction to the north, and over 150 proposed units to the south. The property is situated on a new roundabout at Tumwater Boulevard and Littlerock Road SW, near many state and city buildings, and offers convenient access to I-5. Existing structures include a 24x20 fully finished building with a large room, two additional rooms, and two entrances. There is also a dilapidated 3-bedroom house and a fully ready RV site equipped with water, power, and septic.

Key Highlights

  • Prime corner lot location at a new roundabout on Tumwater Blvd and Littlerock Rd.
  • Zoned Multi‑Family (MFM) with potential for rezoning to mixed‑use, offering increased development possibilities.
  • High demand area with new and proposed apartment complexes nearby.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Building Supply Auto Parts Store Law Firm

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

91
Businesses Nearby

Demographics for 98512, WA

31,422
Population
13,216
Households
2.4
Avg Household Size
41
Median Age
37%
College-Educated
95%
High-School Grad
138.7 sq mi
ZIP Area
227
Density / Sq Mi
$93,738
Median Household Income
$56,673
Median Earnings
$1,655
Median Rent
$438,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development opportunity near state buildings with multi-family zoning and mixed-use potential.
Where is this residential land & home lot located?
The property is located at 7143 Littlerock Road SW Tumwater, WA.
What is the asking price?
The asking price for this property is $299,997.
What are key features of this property?
This property features: Prime corner lot location at a new roundabout on Tumwater Blvd and Littlerock Rd.; Zoned Multi‑Family (MFM) with potential for rezoning to mixed‑use, offering increased development possibilities.; High demand area with new and proposed apartment complexes nearby.
More about this property
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