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4300 Capitol Blvd SE
Tumwater, WA 98501
Craft II Development · Land For Sale
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3.47 AC
INVESTMENT HIGHLIGHTS
- A true shovel-ready fully entitled 95-unit development site.
- Craft II holds an 8-year tax abatement from the City of Tumwater with zero affordability covenants.
EXECUTIVE SUMMARY
Comprised of +/- 3.47 acres and sitting alongside Capitol Blvd, this well-located development opportunity will offer sweeping views of the Tumwater Valley Golf Club, unmatched park proximity, and excellent access to Interstate – 5. Future residents of the development will enjoy oversized units averaging 777 SF, walking distance to the brand-new Craft district and many other neighboring amenities. With building permits available for pickup, investors will benefit from immense project scheduling flexibility and the ability to draft an extremely accurate construction budget. In addition, Craft II holds an 8-year tax abatement from the City of Tumwater with zero affordability covenants.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 3.47 AC |
| Lot Size | 3.47 AC |
Wooded land for development with building permits available.
DESCRIPTION
Shovel ready 95-unit development opportunity located in Tumwater, WA
PROPERTY TAXES
| Parcel Number | 33870000400 | Improvements Assessment | $2,800 |
| Land Assessment | $1,223,500 | Total Assessment | $1,226,300 |
PROPERTY TAXES
Parcel Number
33870000400
Land Assessment
$1,223,500
Improvements Assessment
$2,800
Total Assessment
$1,226,300
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