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JRJeff ReynoldsCompass · Seattle

Listed by Wesley Neal, Abbey Realty Inc

Land
Type
42,957 sq ft
Lot
57
Days on market

About this property

Maybe the best corner lot left for development in Tumwater. The property is currently zoned Multi-Family; however, the city is planning on continuing the road at the roundabout (see concept image) and has said that they would be open to changing the zoning to mixed-use. This is a great development opportunity. 99± acre lot zoned MFM Multi-Family 9-15 units per acre... so many more possibilities if changed to mixed use. Great location for a small apartment complex or townhomes. Located on a new roundabout at Tumwater Blvd and Littlerock Rd, a short distance from many state and city buildings. There is a new fully rented apartment across the street, 14 units being built to the north, and over 150 proposed units to the south... so the demand is there, and this is the perfect location. Just a minute or two off of I5. There is currently a 24x20 fully finished building with a large room and two additional rooms. It has 2 entrances. There is also a falling-down 3-bedroom house, and a fully ready RV site with water, power, and septic.

Location & commute

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Directions

Property details

Listing details

Listing number
#2480478
Listed
February 17, 2026
Days on market
57

Parking

Parking
Garage

Construction

Style
40 - Res-Less thn 1 Ac
Structure
None

Lot

Lot features
CurbsPavedSidewalk
Lot size
42,957 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedNatural Gas AvailableSeptic Design Installed
Water
On Property
Sewer
Available

Schools

District
Tumwater

What stands out to you?

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  • Garage
  • None
  • Curbs
  • Paved
  • Sidewalk
  • Cash
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • Septic Design Installed
  • On Property
  • Available

Listing history

  1. Listed

    $299,997

    February 17, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$1,747

Principal & interest
$1,517
Property tax (est.)
$230

Assumes $59,999 down (20%), a $239,998 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 2:00 AM PDT. 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.