6711 198th Avenue SW, Rochester, WA 98579
- $10,500,000
Listing courtesy of Dream Weavers Inc..
- List Price
- $10,500,000
- Status
- ACTIVE
- MLS#
- 2564060
- Days on Market
- 0
- Lot Size (sq ft)
- 1,234,926
Property Description
29 Acres under the same family ownership for over 50 years and now on the market for the 1st time in over 1/2 century. This is one of the most developable sites in South Thurston County and one of only a handful of R8-24/1 zoned sites in the region. Up to 24 units per acre! Located at Interstate 5 exit 88 in the heart of one of the fastest growing commercial/industrial/multifamily districts along the I-5 corridor between Seattle and Portland. Multiple large commercial/industrial projects progressing within minutes of this prime property. The site adjoins other high density "built out" SFR developments. This is the largest contiguous site offering this highest density zone available in this region. Owners preliminary review indicates likely 340 lots for townhomes + 20 units of multi-family. Multi family would be two 6-plex’s + two 4-plex’s.240 residential units possible. Or, modify to your preference. Water/Sewer/Power services available. Property is tabletop flat with sandy/gravelly soil conditions. No wet areas, very good drainage. Full Street frontage along both the Northerly and Southerly boundaries. Attention developers, position yourself for the inevitable explosion of new employees coming to many new facilities now in the permitting process. New "CarMax" auto superstore facility under construction planned to be in operation in '27. This will be in complement to the nearby recently completed new 300,000 sq.ft. Electrolux complex an numerous other projects in the works.
Additional Information
- Community
- Grand Mound
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- County
- Restrictions
- No Restrictions
- Features
- Partially Cleared, Pasture Land
- Sewer
- Available
- Tax Year
- 2026
- School District
- Rochester
- Elementary School
- Grand Mound Elem
- Middle School
- Rochester Mid
- High School
- Rochester High
- Potential Terms
- Cash, Owner Will Carry
- Driving Directions
- From I-5 exit 88 West to Hwy 12/Sargent Rd roundabout, South onto Sargent Road, Right on 198th to property on the left. Property also has full frontage along 201st.
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