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14747 Berry Valley Road, Yelm
$3,000,000
2590363 MLS ⋅ ACTIVE Status
Berry Development, a ±14.7-acre, entitled multifamily and townhome development opportunity located at 14747 Berry Valley Road in Yelm, WA. Zoned R-16, the site carries land use approval in-hand for 192 multifamily units, with an additional 120 townhome units pending approval, providing a developer with a rare combination of scale and product type diversity within a single assemblage. With entitlements secured, an incoming buyer can move directly into construction drawings without absorbing the timeline risk, cost, and uncertainty typically associated with the land use approval process. The site benefits from a complete due diligence package, including wetland delineation, topographic survey, an approved site plan, a full civil engineering set, a water table study, and a gopher species study — eliminating the entitlement and environmental risk that most raw land offerings still carry and allowing a developer to move from acquisition to vertical construction with minimal delay. Strategically positioned at 14747 Berry Valley Road, the property sits within the rapidly growing Yelm submarket, directly adjacent to Yelm High School. This location offers immediate access to an established residential base and daily conveniences, positioning the project to capture strong lease-up demand from both existing residents and the continued population growth driving the broader Yelm market.

14747 Berry Valley Road, Yelm

Listing Broker: Kidder Mathews; David A. Kelley; 360-705-2800; austin.kelley@kidder.com

6711 198th Avenue SW, Rochester
$10,500,000
2564060 MLS ⋅ ACTIVE Status
29 Acres under the same family ownership for over 50 years and now on the market for the 1st time in over 1/2 century. One of the most developable sites in South Thurston County and one of only a few R8-24/1 zoned sites in the region. Up to 24 units per acre! Located at Interstate 5 exit 88 in the heart of one of the fastest growing commercial/industrial/multifamily districts along the I-5 corridor between Seattle and Portland. Multiple commercial/industrial projects progressing within minutes of this prime property. Site adjoins other high density "built out" SFR developments. The largest contiguous site offering this density zone available in the region. Owners preliminary review indicates likely 340 lots for townhomes + 20 units of multi-family. Multi family would be two 6-plex’s + two 4-plex’s.240 residential units possible. Or, modify to preference. In "Opportunity Zone" for extra tax incentives. Water/Sewer/Power services available. Property is tabletop flat with sandy/gravelly soil conditions. No wet areas, very good drainage. Full Street frontage along both the Northerly and Southerly boundaries. Attention developers, position yourself for the inevitable explosion of new employees coming to many new facilities now in the permitting process. New "CarMax" auto superstore facility under construction planned to be in operation in '27. This will be in complement to the nearby recently completed new 300,000 sq.ft. Electrolux complex and numerous other projects in the works.

6711 198th Avenue SW, Rochester

Listing Broker: Dream Weavers Inc.; Larry Weaver; 360-790-9101; larry@weaverland.com

710 11th Avenue SE, Olympia
$429,000
2543814 MLS ⋅ ACTIVE Status
Rare infill multifamily development opportunity near downtown Olympia and the Capitol Campus. This vacant, UR-zoned 16,801 SF parcel offers developers a clean slate without the added complexity of renovating or removing an existing structure. Formerly planned as the 9-unit Trestle Union Apartments project, the property includes extensive prior development materials available for review, including civil/site, architectural, structural and supporting project documents. Prior approvals have expired. Convenient access to transit, shopping, dining and major employment centers. Flood Zone X. A compelling opportunity for builders and investors seeking a well-located urban residential site with substantial preliminary planning already completed. Buyer to verify all information and development potential to their satisfaction.

710 11th Avenue SE, Olympia

Listing Broker: Windermere Prof Partners; Matthew Romero; 253-359-1172; mromero@windermere.com

916 73rd Avenue SE, Tumwater
$989,000
2454248 MLS ⋅ ACTIVE Status
4.89 Acres, Quiet and Serene Niche area half block off major artery, fenced Prime Development Land with small livable home and shop *** Per Tumwater Development: MFM Zoned Multi-family housing, Townhomes, Senior Housing, cottage housing, & more. 9 to 14 Units Per Acre, Density Bonus if 2 permanently affordable units added, Max Height 40 Ft. located just off Henderson Road, a block from new Townhome Community, Water, Sewer and Gas w/i 800 Ft., 7 mins to I-5, Schools, Groceries, Dining, YMCA all within 2 miles, Unique Gorgeous Land, Stately Firs and Cedars provide natural appeal, upscale potential, no wetlands or junk. Create your Legacy Development Here. Home could be rehabbed as a construction office.

916 73rd Avenue SE, Tumwater

Listing Broker: John L. Scott Lacey; Sherry Anderson; 360-667-5100; sherryanderson@johnlscott.com

625 UNION Avenue SE, Olympia
$500,000
2325187 MLS ⋅ ACTIVE Status
Located three blocks from the Capitol Building, this 120 ft x 111 ft size lot, 120 ft frontage on Union Avenue SE, making it exceptionally suitable for a variety of developments including apartment buildings, senior housing, homeless shelters, and more due to its "Urban Residential" zoning(UR), which could permit up to 5 story 42 ft height with 85% lot coverage, a 10 ft front setback, 5 ft rear set back, no side setbacks can provide 11,000 SF lot coverage X 4 story building (44,000 SF for 45-60 unit apartment or senior housing or 70 homeless housing units ). No parking required for residential apartment,senior housing or home less shelter . previously used as a parking lot for an office building.

625 UNION Avenue SE, Olympia

Listing Broker: CENTURY 21 North Homes Realty; Nit Niranjan; 206-618-6858; nitniranjan@aol.com

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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