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JRJeff ReynoldsCompass · Seattle

Listed by Gary Anderson, G Anderson Group LLC

Land
Type
804,553 sq ft
Lot
137
Days on market

About this property

Exceptional 18.47-acre Commercial Mixed-Use parcel located within a federally designated Opportunity Zone, offering significant potential tax incentives for future development. This highly visible site conveniently located has undergone professional consultant analysis, including wetland delineation, to clearly define the anticipated buildable envelope. Following environmental and site analysis, the property’s highest and best use has been identified as townhome development. The site supports an estimated yield of approximately 70 units, based on 5 acres of buildable area at a projected density of 14 units per acre. The combination of Opportunity Zone tax advantages, completed site due diligence, and a defined development path significantly reduces entitlement risk and positions this property as a compelling acquisition for builders and long-term investors. Sewer, water, power and natural gas are available in-street.

Location & commute

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Directions

Property details

Listing details

Listing number
#2485184
Listed
February 26, 2026
Days on market
137

Views

View
Territorial

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot features
Paved
Lot size
804,553 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
In Street
Sewer
In Street

Schools

District
South Kitsap
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
So. Kitsap High

What stands out to you?

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  • Territorial
  • None
  • Paved
  • Cash
  • Conventional
  • Electricity Available
  • Natural Gas Available
  • In Street

Listing history

  1. Listed

    $2,900,000

    February 26, 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

$16,887

Principal & interest
$14,664
Property tax (est.)
$2,223

Assumes $580,000 down (20%), a $2,320,000 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 13, 2026 at 11:15 PM 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.