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Property profile & analytics
OFF-MARKET
Land

607 Sleater Kinney Rd Lacey, WA 98506

Property ID
Property summary
AI-generated overview

This exceptional 19.55-acre parcel presents a prime multifamily development opportunity in Lacey, Washington. Strategically located on Sleater Kinney Rd NE, this land boasts unparalleled visibility and accessibility. Its position directly across from North Thurston High School offers a unique advantage, attracting families and students. The property's proximity to Interstate 5 ensures seamless connectivity to major transportation routes, facilitating easy commutes for residents. Furthermore, the convenient location near shopping centers and other amenities enhances the desirability of the site for future development. The expansive acreage provides ample space for a substantial multifamily project, catering to the growing housing demand in the area. This location offers a blend of convenience, visibility, and access to key infrastructure, making it an ideal investment for developers seeking a high-potential project in a thriving community. The Thurston County location and 98506 zip code further solidify its appeal within the Lacey market. This is a rare opportunity to acquire a large, well-situated parcel ready for multifamily development. Detailed site plans and zoning information are available upon request. The property's size and location make it a compelling investment for those seeking significant returns in the Washington real estate market.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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