29 Acres under the same family ownership for over 50 years and now on the market for the 1st time in over 1/2 century. This is one of the most developable sites in South Thurston County and one of only a handful of R8-24/1 zoned sites in the region. Up to 24 units per acre! Located at Interstate 5 exit 88 in the heart of one of the fastest growing commercial/industrial/multifamily districts along the I-5 corridor between Seattle and Portland. Multiple large commercial/industrial projects progressing within minutes of this prime property. The site adjoins other high density "built out" SFR developments. This is the largest contiguous site offering this highest density zone available in this region. Owners preliminary review indicates likely 340 lots for townhomes + 20 units of multi-family. Multi family would be two 6-plex’s + two 4-plex’s.240 residential units possible. Or, modify to your preference. Water/Sewer/Power services available. Property is tabletop flat with sandy/gravelly soil conditions. No wet areas, very good drainage. Full Street frontage along both the Northerly and Southerly boundaries. Attention developers, position yourself for the inevitable explosion of new employees coming to many new facilities now in the permitting process. New "CarMax" auto superstore facility under construction planned to be in operation in '27. This will be in complement to the nearby recently completed new 300,000 sq.ft. Electrolux complex and numerous other projects in the works.
Active
Listed by: Dream Weavers Inc. • Larry Weaver
$10,500,000
6711 198th Avenue SW, Rochester, WA 98579
--beds
--baths
28.35Acres
Unimproved Land
Built in ----
28.35 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow
- 101
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Larry Weaver,
Dream Weavers Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2564060
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 28.35 Acres
- Features: Partially Cleared, Pasture Land
- Topography: Level
Details
- Parcel number: 51300700000
- Zoning: R8-24/1
- Zoning description: Multi-Family,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Not Available
- Sewer: Available
- Water: Available
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Grand Mound
Location
- Region: Rochester
Financial & listing details
- Tax assessed value: $393,000
- Annual tax amount: $5,300
- Date on market: 9/12/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2026 | Listed for sale | $10,500,000 |
Source: | ||
| 10/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/5/2022 | Listed for rent | $1,800+9.1% |
Source: Zillow Rental Manager Report a problem | ||
| 5/18/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/13/2021 | Listed for rent | $1,650 |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,384 +12.2% | $393,000 +14.2% |
| 2024 | $3,016 +14.1% | $344,200 +14.4% |
| 2023 | $2,642 +20.3% | $300,900 +12.1% |
| 2022 | $2,196 -29.1% | $268,500 -10.3% |
| 2021 | $3,096 +34.7% | $299,300 +47.9% |
| 2020 | $2,299 +9.6% | $202,300 +9.8% |
| 2019 | $2,098 -11% | $184,200 +4.5% |
| 2018 | $2,356 +3.8% | $176,200 +17% |
| 2017 | $2,270 | $150,650 -1.4% |
| 2016 | $2,270 | $152,750 -1.6% |
| 2014 | $2,270 | $155,250 +6.2% |
| 2013 | -- | $146,250 |
| 2012 | $2,001 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $2,988 | -- |
| 2008 | -- | -- |
| 2007 | $2,635 -22% | -- |
| 2006 | $3,377 +100.9% | -- |
| 2005 | $1,681 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,131 +13.3% | $132,000 |
| 2000 | $1,880 | $132,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98579
Nearby schools
Schools provided by the listing agent
- Elementary: Grand Mound Elem
- Middle: Rochester Mid
- High: Rochester High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



