NE Gray Lane, Pullman, WA 99163

This offering presents an extraordinarily rare development opportunity in the heart of Pullman, Washington. Included are three contiguous vacant land parcels, being sold together as one premier investment opportunity directly adjoining the entrance to Washington State University and overlooking historic Reaney Park. The property is positioned on Gray Lane, surrounded by Pullman's classic mature tree canopy streetscape, and overlooks Reaney Park & Pool and the iconic pedestrian entry trail leading directly into the WSU campus. The setting captures the timeless collegiate character of Pullman, framed by WSU's historic brick academic buildings and vibrant campus atmosphere. The sale consists of 3 buildable lots totaling approximately 23,616 square feet (just over 1/2 acre): Lot 1 - 8,166 SF, Lot 2 - 7,950 SF, and Lot 3 - 7,500 SF. All 3 parcels are zoned Multi-Family Residential, presenting exceptional future development potential for student housing, income-producing rentals, townhomes, apartments, or a thoughtfully designed tiered residential project. The upward-sloping terrain creates an opportunity for elevated, staggered construction with commanding park and campus-oriented views. Water and sewer utilities are available in the street and ready to be brought to each parcel. Located directly below fraternity and sorority housing and only blocks from Pullman's revitalized downtown core, the property sits at the center of one of the Northwest's most recognized college communities. WSU enrolls approximately 16,248 students on the Pullman campus. The annual taxes for all 3 parcels are currently $1,884.02. The parcels are sold together only and will not be separated, preserving the full development footprint and maximizing the building envelope potential of this premier WSU-adjacent property.