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509 McPhee SW Rd
Olympia, WA 98502
509 McPhee Rd SW - Development Land · Land For Sale
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1.12 AC
Investment Highlights
- Topography: Level and dry.
- Configuration: Highly functional, buildable footprint.
- Utilities: Available at the street (water, sewer, gas, and electricity).
- Frontage: Direct access along McPhee Road SW.
Executive Summary
This 0.97-acre West Olympia development site is centrally located near major economic drivers such as the Capital Mall, MultiCare Capital Medical Center, and Olympia Orthopaedics Associates’ Surgery Center. Zoned High Density Corridor 4 (HDC-4), this parcel provides extraordinary flexibility. The HDC-4 designation is explicitly intended to accommodate a compatible mix of high-intensity commercial spaces, professional offices, and high-density multifamily residential developments.
This level parcel offers significant potential for developers and investors. The property stands to benefit from Olympia’s strong economic growth and ongoing urban planning efforts.
Parcel ID: 12817411802
Co-listed with Deborah Dunham at Olympic Sotheby's International Realty (360) 790-1409.
This level parcel offers significant potential for developers and investors. The property stands to benefit from Olympia’s strong economic growth and ongoing urban planning efforts.
Parcel ID: 12817411802
Co-listed with Deborah Dunham at Olympic Sotheby's International Realty (360) 790-1409.
Property Facts
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.12 AC |
| Zoning | HDC-4 - High Density Corridor 4 | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.12 AC |
| Zoning | HDC-4 - High Density Corridor 4 |
1 Lot Available
Lot
| Price | $660,378 CAD | Lot Size | 0.97 AC |
| Price Per AC | $680,802.32 CAD |
| Price | $660,378 CAD |
| Price Per AC | $680,802.32 CAD |
| Lot Size | 0.97 AC |
• Topography: Level & Dry • Utilities: Available at Street (Water/Sewer/Gas/Elec.) • Configuration: Highly functional, buildable footprint • Frontage: Direct access along McPhee Road SW
Description
This 0.97-acre level parcel in West Olympia offers full street utility access. It is near major economic drivers such as Capital Mall, MultiCare Capital Medical Center, and Olympia Orthopaedic Associates. The property is zoned High Density Corridor 4 (HDC-4), allowing high-intensity mixed-use projects, commercial spaces, professional and medical offices, and high-density multifamily housing.
Property Taxes
| Parcel Number | 12817411802 | Improvements Assessment | $0 CAD |
| Land Assessment | $364,529 CAD | Total Assessment | $364,529 CAD |
Property Taxes
Parcel Number
12817411802
Land Assessment
$364,529 CAD
Improvements Assessment
$0 CAD
Total Assessment
$364,529 CAD
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