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727 Adams Street SE Land Property For Sale in Olympia, WA

Land Property for Sale in Olympia, WA

727 Adams Street SE

727 Adams St SE, Olympia, WA 98501, Thurston County
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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
Additional Property Details

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.

Property Information

  • Property Type Land
  • Parcel # 8100-37-00501
  • Zoning -

Property Location