James & Angie Smith

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Listing provided courtesy of Virgil Adams Real Estate, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM1885029MLS Provider

2602 Marvin Road SEOlympia, WA 98503

Vacant Land · 5.98 Acres
$1,800,000 Pending

2602 Marvin Road SE Overview

Visits:
15

New on the market, 5.99 (SHY 6) acres providing an excellent investment opportunity. There are a few structures on the property but the value is in the land. This listing consists of two parcels: Parcel #11826120104 (3.47 ac) and Parcel #11826120102 (2.52 ac). The property is zoned moderate density and is within the Urban Growth Area of Lacey. Property has Timber on it, which has been “Cruised” to establish a value. City Sewer and water on Marvin Rd SE. This property offers very quick access to I-5 with an abundance of shopping, dining and recreational opportunities (including the Regional Athletic Center (RAC) in the Hawks Prairie area.

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2602 Marvin Road SE Facts & Features

  • Type Vacant Land
  • Lot 5.98 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: North Thurston
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Location/Region

  • Country: US
  • County Or Parish: Thurston
  • MLS Area Major: 451 - Hawks Prairie
  • Subdivision Name: Olympia

Tax Information

  • Tax Annual Amount: $348.00
  • Tax Year: 2021

General Information

  • Listing Terms: Cash Out, Conventional
  • Parcel Number: 11826120104
  • Possible Use: Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Possible: 0
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 5.9843
  • Lot Size Square Feet: 260675
  • Property Features: Brush,Evergreens
  • Road Surface Type: Paved
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Shared Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: Yes
  • Sewer: On Property

2602 Marvin Road SE Neighborhood

Community

98503 (Lacey) Demographics

38
Median Age
3,435
Population Density (per sq. mile)
42%
College Educated
$66,021
Estimated Median Income
9,391
Estimated Total Home Owners
7,740
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2602 Marvin Road SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2602 Marvin Road SE Market Data

Based on the last 30 days in this zip code

$504,096
Average List Price
$278
Average Price per Square Foot
32
Properties Sold
66
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

2602 Marvin Road SE History

Date Event Value Agent
6/17/2025Source: NWMLS Status Change
Pending
6/20/2022Source: NWMLS Added to Database
February 08, 2022
4/4/2022Source: NWMLS Status Change
Pending Feasibility