Discover the potential of this 34-acre parcel in Tumwater. Priced right for investor, or for a unique project, this property invites a variety of potential alternative uses. See City of Tumwater & Thurston Co. with your ideas. Despite its distinctive features, including wetland & power distribution towers, this parcel boasts several appealing highlights: 1) Investment Opportunity: Priced competitively to reflect its unique attributes, offering value to those with the vision to capitalize on its potential. 2) Location & Access: Conveniently near the I-5 corridor, providing easy access to Tumwater shopping, 25 minutes to JBLM or Chehalis, and 40 minutes to Tacoma. 3) RR tracks suggest possible future development connection.
Location! Location! Location! Zoned MFH Multifamily High Density. Most conveniently Located only minutes to Fred Meyer, Costco, Walmart, Tumwater Center, and all amenities! MFH zoning allows Condos, Townhomes, Senior Housing, or Apartments. 3 Parcels and 3 mobile homes included. It could be developed up to 60+ units. Currently owner collects total $5,120/mo rents from four different tenants on the property. All month to month agreement. Great income revenue while developing the lots. All utilities on property or in street. Currently on septic but sewer line available 300ft to N. Adjacent to newly developed condominium and townhome communities. Buyer to verify all information w/ City of Tumwater. Developers Look No Further! SOLD AS IS!
Beautiful mountain views from this developable 1.7175 acre lot, on Tumwater Hill. Zoned SFM (Single Family Medium Density.) See siteplan for 14 townhomes! It is flat, level, and doesn't have any wetlands! Current owner has done extensive work that can be shared upon inquiry. Close in location to shopping, easy freeway access and great Tumwater Schools! Buyer is responsible for all verification and due diligence of feasibility and zoning requirements.
Tumwater is located in Washington. Tumwater, Washington has a population of 24,855. Tumwater is more family-centric than the surrounding county with 32.89% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Tumwater, Washington is $77,849. The median household income for the surrounding county is $81,501 compared to the national median of $69,021. The median age of people living in Tumwater is 35.4 years.
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 49.5 inches per year, with 6 inches of snow per year.