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6618A Littlerock Rd SW
Tumwater, WA 98512
Tyee Land Development · Land For Sale
·
5.25 AC
Investment Highlights
- Fully entitled multifamily site with permits secured and ready for pickup upon closing.
- Strategic location minutes from I-5 and near major employment and retail nodes.
- Vested under prior energy code enabling significant cost savings and reduced risk.
- Approved plans for 148 units featuring efficient layouts and Class A amenities.
- Situated adjacent to Kingswood Center, providing strong co-tenancy synergy.
- Flat site topography designed for optimized construction and lease-up efficiency.
Executive Summary
Tyee Landing Development offers a fully entitled, shovel-ready multifamily project in the growing Tumwater submarket of Puget Sound. This 5.24-acre site has secured all permits, allowing immediate construction of a thoughtfully designed 148-unit apartment community. Positioned within a high-growth corridor, the property benefits from proximity to I-5, streamlining regional connectivity to Olympia, Lacey, and the broader Puget Sound employment hubs.
The flat site design ensures cost efficiency and faster build times, while being vested under the prior energy code—generating measurable construction savings and granting a competitive cost advantage. The plan features modern layouts with premium amenities and includes a designated ±8,000 SF commercial component for retail or service uses, elevating on-site convenience.
Located next to the newly developed Kingswood Center, a 9-acre retail hub anchored by Starbucks, Chipotle, Wendy’s, and more, Tyee Landing sits within walking distance of major conveniences and employment clusters. This rare Tumwater opportunity aligns with Washington’s narrow dry construction window and rising demand for quality rental housing, making it a highly executable investment where speed, certainty, and long-term upside converge.
The flat site design ensures cost efficiency and faster build times, while being vested under the prior energy code—generating measurable construction savings and granting a competitive cost advantage. The plan features modern layouts with premium amenities and includes a designated ±8,000 SF commercial component for retail or service uses, elevating on-site convenience.
Located next to the newly developed Kingswood Center, a 9-acre retail hub anchored by Starbucks, Chipotle, Wendy’s, and more, Tyee Landing sits within walking distance of major conveniences and employment clusters. This rare Tumwater opportunity aligns with Washington’s narrow dry construction window and rising demand for quality rental housing, making it a highly executable investment where speed, certainty, and long-term upside converge.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 5.25 AC |
| Zoning | MFM | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 5.25 AC |
| Zoning | MFM |
1 Lot Available
Lot
| Lot Size | 5.25 AC |
| Lot Size | 5.25 AC |
Fully entitled for 148-unit garden-style community with ±8,000 SF ground floor commercial requirement.
Description
A 5.24-acre parcel approved for multifamily development, located in Tumwater, Washington, north of Tyee Drive SW and east of Littlerock Road SW. The site has full entitlements for 148 residential units and includes a commercial ground-floor component. It is accessed from Tyee Drive and offers proximity to major roadways, including Interstate 5. Surrounding land uses include residential neighborhoods, commercial centers, and educational facilities.
Property Taxes
| Parcel Number | 12703320202 | Improvements Assessment | $0 CAD |
| Land Assessment | $3,627,214 CAD | Total Assessment | $3,627,214 CAD |
Property Taxes
Parcel Number
12703320202
Land Assessment
$3,627,214 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,627,214 CAD
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