REDUCED PRICE! 12,733 SF lot zoned Woodland District and located within the Urban Neighborhood 2 – Pacific Avenue Subdistrict, one of Lacey's designated mixed-use redevelopment corridors. The zoning allows for a wide variety of commercial and residential uses, including retail, office, service businesses, multifamily housing, and mixed-use development. The property is accessed via an easement extending north from Pacific Avenue through the adjoining parking lot. There's also the planned extension of 10th Ave SE which will provide an additional access point and utility connection upon completion. Conveniently situated near Saint Martin's University on the northwestern side of Lacey, the property is surrounded by an established mix of shopping, dining, medical services, and other commercial amenities. I-5 is just minutes away and provides quick and convenient access throughout the South Sound region. The site features level topography with public utilities available in the street. With flexible Woodland District zoning, strong regional access, and a location within one of Lacey's targeted redevelopment corridors, this property presents an exceptional opportunity for investors, developers, and owner-users alike.
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Zillow last checked:
Listing updated:
Listed by:
Drew Staudt,
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2544204
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Territorial
Lot
Size: 0.29 Acres
Features: Paved, Lightly Treed
Topography: Level
Details
Parcel number: 11820111000
Zoning: WOODLAND DISTRICT
Zoning description: Business,Commercial,Industrial-Light,Multi-Family,Retail,See Remarks,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: Not Available
Sewer: Available, In Street
Water: Available, In Street
Utilities for property: Electricity Available
Community & HOA
Community
Subdivision: Lacey
Location
Region: Lacey
Financial & listing details
Tax assessed value: $79,800
Annual tax amount: $837
Date on market: 6/23/2026
Cumulative days on market: 28 days
Listing terms: Conventional
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,848/mo
Price history
Date
Event
Price
7/6/2026
Price change
$110,000-26.6%
Source: NWMLS as distributed by MLS GRID #2544204Report a problem
6/24/2026
Listed for sale
$149,900
Source: NWMLS as distributed by MLS GRID #2544204Report a problem
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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