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Listed by:G Anderson Group LLC • Gary Anderson
$2,900,000
Est. payment /mo
18.47 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision South Kitsap
MLS Listing ID 2485184
Style 43 - Comm/Industrial
Annual Tax Amount $11,875
Lot Size 18.470 Acres
Lot Dimensions Irregular
Property Sub-Type Land
Property Description
Exceptional 18.47-acre Commercial Mixed-Use parcel located within a federally designated Opportunity Zone, offering significant potential tax incentives for future development. This highly visible site conveniently located has undergone professional consultant analysis, including wetland delineation, to clearly define the anticipated buildable envelope. Following environmental and site analysis, the property's highest and best use has been identified as townhome development. The site supports an estimated yield of approximately 70 units, based on 5 acres of buildable area at a projected density of 14 units per acre. The combination of Opportunity Zone tax advantages, completed site due diligence, and a defined development path significantly reduces entitlement risk and positions this property as a compelling acquisition for builders and long-term investors. Sewer, water, power and natural gas are available in-street.
Location
State WA
County Kitsap
Area 143 - Port Orchard
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Paved
Sewer In Street
Water In Street
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools So. Kitsap High
School District South Kitsap
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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