906 Croy ST Pending

Kelso,WA 98626

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24306626

Annual Tax Amount $321

Tax Year 2024

Lot Size 10.130 Acres

Property Description

Prime Multi-Family Development Opportunity ? 10.13 Acres in Kelso, WA. Zoned RMD for up to 17 units/acre, with 5.5 acres usable (per prior appraisal). Preliminary plans for 96 apartment units across eight 3-story walk up buildings. Prime exposure along I-5 at N. Kelso Avenue, offering excellent visibility and space for 151 parking spots. Plans include 48 one-bedroom (769 SF) and 48 two-bedroom units (967 SF), with an average unit size of 868 SF. Key studies completed (some updating required): title, stormwater, surveys, critical areas, traffic, Geotech, SEPA, giving you a head start on obtaining approvals with less risk and cost compared to raw land. NO IMPACT FEES. Notable considerations: additional survey work may be needed to confirm access options per early WSDOT input. Ideal for developers, or business's seeking prime freeway exposure. Priced to sell at $8,854 p/unit of approx. $155,000 p/developable acre.

Location

State WA

County Cowlitz

Area _82

Zoning RMD

Exterior

Utilities Available ElectricityAvailable,PublicSewer,WaterAvailable

View Territorial, Trees Woods

Building

Lot Description Public Road, Wooded

Schools

Elementary Schools Barnes

Middle Schools Huntington

High Schools Kelso

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour