Listing provided courtesy of Virgil Adams Real Estate, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2480043MLS Provider

11750 N US Highway 101Shelton, WA 98584

Commercial · 3.60 Acres
$1,600,000 Active

11750 N US Highway 101 Overview

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A premier commercial development opportunity awaits with this fully approved Planned Unit Development, designed for six buildings featuring 88 total units and a 3,000 sq ft commercial pad. The Station @ Shelton Springs is poised to deliver much-needed housing to the area, with plans for 84 apartment units, 4 townhomes, and flexible mixed-use potential.Positioned along Hwy 101 with convenient access from Shelton Springs Road and directly across from Sanderson Airfield, this high-visibility location offers excellent connectivity to Olympia and I-5, just 25 miles away. The property spans three parcels totaling 3.6 acres within Mason County’s Urban Growth Area and sits in an Opportunity Zone, offering potential tax deferral benefits for up to 10 years.The years-long approval process has already secured water and sewer availability, high-density allowances, parking and open-space approvals, and mixed-use zoning — giving the next owner a near shovel-ready project. Development can be completed in phases, and the zoning allows for multiple pathways if residential is not the preferred use.With its strategic location, flexible zoning, and significant income-producing potential, this project represents a rare chance to deliver a legacy development in one of Shelton’s most promising growth corridors.

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11750 N US Highway 101 Facts & Features

  • Type Commercial
  • Lot 3.60 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Location/Region

  • Country: US
  • County Or Parish: Mason
  • MLS Area Major: 175 - Shelton
  • Subdivision Name: Shelton

Tax Information

  • Tax Annual Amount: $6,977.33
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 420122290082
  • Possible Use: Business,Commercial,Multi-Family,Residential,Retail
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 1790
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Pillar/Post/Pier
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 3.6
  • Lot Size Square Feet: 156816
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Individual Well

Building Exterior/Construction

  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Wood Products
  • Number Of Units Total: 0
  • Sewer: Septic Tank

11750 N US Highway 101 Neighborhood

Community

98584 (SHELTON) Demographics

41
Median Age
100
Population Density (per sq. mile)
29%
College Educated
$60,388
Estimated Median Income
10,032
Estimated Total Home Owners
3,729
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
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.

11750 N US Highway 101 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.

11750 N US Highway 101 Market Data

Based on the last 30 days in this zip code

$539,800
Average List Price
$306
Average Price per Square Foot
46
Properties Sold
71
Average Days on Market
258
Properties for Sale
Calculations provided by Reliance Network

11750 N US Highway 101 History

Date Event Value Agent
2/13/2026Source: NWMLS Added to Database
February 13, 2026
8/19/2024Source: NWMLS Status Change
Sold
3/2/2024Source: NWMLS Status Change
Pending
1/5/2023Source: NWMLS Status Change
Pending Feasibility
9/28/2022Source: NWMLS Price Increase
$949,000 5.7%
6/20/2022Source: NWMLS Added to Database
February 23, 2022