1504 Auction Catalog - page 91

89
OR FAX FORM ON PAGE 115 TO 503-242-1814
144
PUBLISHED RESERVE:
$325,000
LAST ASKING:
$528,164
SIZE:
1.87 ± Acres
ZONING:
MFM -- Multi-family Medium Density
PROPERTY INSPECTION:
At Any Time
FINANCING:
None – All Cash
DESCRIPTION:
This 1.87± acre multi-family development
site is located in the southwest section of Tumwater, by the
intersection of Little Rock Road SW, and 70th Avenue SW,
with excellent access to I-5 at Tumwater Blvd. The MFM
zoning has a maximum density of fourteen units per acre,
providing opportunity for development of up to twenty-
five units. Costco, Walmart and Fred Meyer are all located
within a five minute drive north along Little Rock Road SW.
A Puget Sound Energy Substation is located next to the
property, and the Veelkommen Mobile Home Park is to
the west. The Gold Creek Subdivision is on the north side
of 70th Avenue SW. A professional office park is located at
Little Rock Road SW and West Israel Road.
The level parcel has some residual timber and 450± feet of
frontage along 70th Avenue SW, with depth of 180± feet. All
utilities are available to the property.
LOCATION:
2421 70th Avenue SW, Tumwater,
Washington. APN # 12704430101
SEALED BIDS DUE NO LATER THAN 5:00 PM, NOVEM-
BER 18, 2015
Multi-Family Development Site near Costco, Walmart, and Fred Meyer
Tumwater, Washington
Please Note: Sketch plan is conceptual only. Neither the Seller nor its agents have
submitted plan or made any applications to a public agency.
I-5
Home Depot
Walmart
Costco
70th Avenue SW
Littlerock Road SW
N
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