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7102 NE 129th St - Multi Family Development Opportunity 2.77 Acres of Residential Land Offered at $3,600,000 in Vancouver, WA 98686
Executive Summary
MAJ Commercial Real Estate is pleased to present a premier development opportunity
in Vancouver, WA. This offering consists of approximately ±2.77 acres with approvals
in process for a 72-unit multifamily community. Designed with today’s rental housing
demand in mind, the project is strategically positioned in a high-growth corridor and
offers investors and developers the ability to step into a fully entitled opportunity
without the uncertainty of starting from scratch.
The development will consist of 72 units, with permit approvals secured and site
plans finalized. MAJ Development Corporation will deliver the site with full site
plan approvals through Clark County, along with complete civil engineering and
architectural construction plans. This turnkey entitlement package eliminates
entitlement risk, shortens the development timeline, and positions the buyer to
move directly into vertical construction.
The planned community will include 72 residential units supported by a 1,900 SF
community building designed to enhance livability and tenant amenities. Vancouver
continues to benefit from strong population growth, limited new housing supply,
and sustained demand for quality rental housing, making this project a timely and
compelling opportunity. With entitlements secured, this site is ideally suited for a
developer or investor seeking a ready-to-build project in a thriving market.
in Vancouver, WA. This offering consists of approximately ±2.77 acres with approvals
in process for a 72-unit multifamily community. Designed with today’s rental housing
demand in mind, the project is strategically positioned in a high-growth corridor and
offers investors and developers the ability to step into a fully entitled opportunity
without the uncertainty of starting from scratch.
The development will consist of 72 units, with permit approvals secured and site
plans finalized. MAJ Development Corporation will deliver the site with full site
plan approvals through Clark County, along with complete civil engineering and
architectural construction plans. This turnkey entitlement package eliminates
entitlement risk, shortens the development timeline, and positions the buyer to
move directly into vertical construction.
The planned community will include 72 residential units supported by a 1,900 SF
community building designed to enhance livability and tenant amenities. Vancouver
continues to benefit from strong population growth, limited new housing supply,
and sustained demand for quality rental housing, making this project a timely and
compelling opportunity. With entitlements secured, this site is ideally suited for a
developer or investor seeking a ready-to-build project in a thriving market.
Property Facts
| Price | $3,600,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 2.77 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | R-30 | ||
| Price | $3,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.77 AC |
| No. Stories | 1 |
| Zoning | R-30 |
1 Lot Available
Lot
| Price | $3,600,000 | Lot Size | 2.77 AC |
| Price Per AC | $1,299,638.99 |
| Price | $3,600,000 |
| Price Per AC | $1,299,638.99 |
| Lot Size | 2.77 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 198784-000 | Improvements Assessment | $0 |
| Land Assessment | $1,581,228 | Total Assessment | $1,581,228 |
Property Taxes
Parcel Number
198784-000
Land Assessment
$1,581,228
Improvements Assessment
$0
Total Assessment
$1,581,228
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