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Infill Apartment Development Land
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727 Adams St SE, Olympia, WA 98501

Urban infill lot with plans for a four-story, 38-unit apartment building and convenient access to major transportation corridors.

Property SizeContact for details
Lot Size0.26 Acres
Days on Market29

Property Features for 727 Adams St SE

General Information

Standard status Active
Lot size 0.26 Acres
Property subtype LAND

Additional Details

Highway Access Yes
Listing Agency: Kidder Mathews
Listed By: Amy Harding · License #125436
Source: Moodyscre
Added: Jul 15 Changed: Aug 8 Last Checked: Jul 24 at 10:14AM

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

Investment Insights

Based on property information with market context.

This infill development site is positioned in a well-established urban neighborhood and is presented with existing plans for a four-story, 38-unit apartment building. Leveraging work already completed, the project concept is intended to reduce early-stage planning time and cost compared to starting from scratch.

The property also benefits from convenient access to I-5 and Highway 101, with proximity to employment centers, retail, restaurants, and community amenities.

For buyers looking to advance an apartment development concept with pre-existing planning materials, this parcel offers a practical pathway to move more efficiently toward construction while adding density in a supply-constrained housing market.

Key Highlights

  • 0.26‑acre (11,326 SF) urban infill development site in a well‑established neighborhood
  • Existing development plans for a four‑story, 38‑unit apartment building
  • Asking price listed as $760,000 for the site

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service HVAC 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

Location Intelligence

Trade Area within ½ mile

2,694
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Urban infill lot with plans for a four-story, 38-unit apartment building and convenient access to major transportation corridors.
Where is this residential land & home lot located?
The property is located at 727 Adams St SE Olympia, WA.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 0.26‑acre (11,326 SF) urban infill development site in a well‑established neighborhood; Existing development plans for a four‑story, 38‑unit apartment building; Asking price listed as $760,000 for the site
(360) 705-1337 Call to check price and availability
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