Property
$1,200,0001.01 Acres
Off Market
Off Market
$1,200,0001.01 Acres
Off Market

423 Franz Anderson Road SE, Olympia, WA 98501 - Thurston County

Static Google Map
Property ID 23479428

1.01 acres in Thurston County, WA

An exceptional opportunity presents itself with this multi-family development prospect in Olympia, WA. Situated off of Martin Way, a bustling thoroughfare, between three recently established and fully occupied multifamily developments, this parcel is primed for similar success. Preliminary conceptual plans indicate the potential for up to 60 units. Its advantageous proximity to St. Peter's Hospital underscores its strategic location. Centrally positioned between Olympia and Lacey, tenants will enjoy convenient access to a variety of amenities including retail, dining, and Interstate-5, facilitating a seamless commute to Joint Base Lewis McChord (JBLM) for military personnel, as well as civilian, and state employees.

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Directions

Lilly Rd SE, L on Stoll Rd SE, R on Franz Anderson to property.

Environmental Factors

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Source:First Street
Contact Seller

Keller Williams South Sound

Lacey, WA

(360) 472-4569
Listing provided by
Jason Munoz
Keller Williams South Sound(360) 472-4569
Source: Homes, MLS# NWM2233034
Listing last updated: June 30, 2025 at 6:05 AM
Listing last checked: December 1, 2025 at 6:01 AM
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