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Matthew Gerrish

matthew@contactprp.com +1(253) 651-9436

Listed by:G Anderson Group LLC • Gary Anderson

$ 2,900,000

Est. payment | -/mo

18.47 Acres Lot

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$ 2,900,000

Est. payment | -/mo

Save

18.47 Acres Lot

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

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Matthew Gerrish

Broker-Owner | Lic# 27973

matthew@contactprp.com

+1(253) 651-9436

4928 109th St SW, Lakewood, WA, 98499

2200 Bethel AVE Port Orchard, WA 98366

Matthew Gerrish

Key Details

Location

Interior

Exterior

Building

Schools

Others

2200 Bethel AVE