Land Property for Sale in Olympia, WA
727 Adams Street SE
727 Adams St SE, Olympia, WA 98501, Thurston County
Price
$760,000
Listing Information
- Listing Type Land
- Sub-Type Vacant Land
- Acres 0.26
- Total SF 11,326
- Water No
- Power No
- Sewer No
Property Information
- Property Type Land
- Parcel # 8100-37-00501
- Zoning -
This 0.26-acre (11,326 SF) site offers an excellent infill development opportunity in a well-established urban neighborhood. The property benefits from convenient access to I-5, Highway 101, and major transportation corridors, employment centers, retail, restaurants, and community amenities, making it an attractive location for future multifamily residents. Its central location supports strong long-term demand for housing while providing developers with the advantages of an infill site in a growing market. The property presents a compelling opportunity to capitalize on existing plans for a four-story, 38-unit apartment building, significantly reducing the time and expense typically associated with the early stages of project planning. At an asking price of $760,000.00, the site offers the potential to accelerate development by leveraging work already completed while delivering much-needed multifamily housing in a supply-constrained market. For developers seeking to shorten project timelines and move more efficiently toward construction, this property represents an opportunity to add density on a well-located site with a thoughtfully designed residential concept already in place.